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MARKET WATCH
Authors:HU YUE
Abstract:China's fight for a greater say in the pricing of international iron ores has been a tough battle and may become even more difficult as the country imports a soaring amount of ore. Unable to find a niche elsewhere, internationally speculative hot money appears to be returning to China. Domestic companies are stepping onto the global stage as made apparent by their soaring outbound investments. The aluminum titan Chalco jumps back into the black against the backdrop of the economic upturn. The loan balance t...
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