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    "But do you think they would have invested millions and millions of dollars in a dud project that was not going to be profitable."

    Absolutely. Everyone makes mistakes, even the Chinese. Like Sinopec, who invested $600m in AED just before it went bust. Chinese investment in CDU is chump change, for Sinosteel at any rate.

    Gosh, measuring potential profitability on the basis of the size of a Chinaman's smile? That's an interesting concept. Or perhaps the smile was at the thought of how much they'll be paid to upgrade the plant to 20m tpa?
 
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