This English language article by the Peoples Daily tabloid offshoot is the most mild and cryptic among those I read overnight but nonetheless is the official response to Morrison's declaration of nuclear war utilizing ironically (pardon the pun) Chinese money.
Other articles that require translation (DYOR) hint at something big is coming out of left field imminently. Massive domestic iron ore capacity completion announcement ?
The dead cat bounce in the recovery of the Dalian being dismissed by this article won't last just as the Bank of America also said just now. They tip IO price to hit $70 soon. I say $47 easy peasy by early December.
Good luck folks and don't forget to set a stop loss.
Pin this post for future reference.
https://www.globaltimes.cn/page/202109/1234870.shtml
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