Yes this is how the Chinese roll in business unfortunately.
They tried to do the same with Iron Ore and particularly FMG last year putting out stories that they are no longer buying low quality IO to try and really put them out of business imho or at least get the product at the cheapest possible price for their own benefits.
It worked for a while but totally backflipped after Vale - guess what now, all of the sudden that Iron Ore is good again and they’ve come with cap in hand.
I implore what what Trump is doing right now - he’s only doing what others haven’t had the balls to do previously and whilst it may mean short term pain, someone has to stand up to their predatory business practices and in the long run we in the West will be better for it.
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