Are the Big 4 doing SDL a favour?, page-43

Hi Frank, god knows what the hell is going on behind closed doors but I am not ruling anything in or out.

Have been reading between the lines.

http://www.smh.com.au/business/chin...-iron-ore-mine-investment-20140127-31ihs.html

....The document recommended the establishment of an investment fund to support local enterprises in the development of overseas mining projects, ......to reduce domestic iron ore use......

Now, the China Development Bank

http://en.wikipedia.org/wiki/China_Development_Bank

The China Development Bank (CDB) is a financial institution under the direct jurisdiction of the State Council. As one of three policy banks of the PRC, it is primarily responsible for raising funding for large infrastructure projects,

The China Development Bank was established in March 1994 to provide development oriented finance for government projects of national priority.

At the end of 2010 (4 years ago), CDB had US$687.8 billion in loans, more than twice as much as the World Bank.