I wouldn't blame the Chinese for trying to renegotiate LNG contracts and similarly think their approach to the South China Seas is for reasons of self defence .
China is definitely at a cross roads though .
It has to decide whether it will become a country which respects I.P. and the rules or not .
The miserable S.P. of the better juniors tells us that the market is not convinced that an East Coast shortage and price rises are a certainty .
CTP Price at posting:
14.0¢ Sentiment: Hold Disclosure: Held
