Rise of the Wasteland Chapter 1596: Trade sticks

Remember [lnmao.org] in one second, fast update, no pop-up window, free to read!

Zhonghua because of the huge import volume of iron ore, once tried to control the pricing power of iron ore. It's a pity ..., failed bird!

International mining giants such as Vale, Rio Tinto, BHP Billiton and others are certainly unwilling to give pricing power to rabbits. The bashful rabbit became an iron ore import quota system. However, the implementation of this system is not very good, because Zhonghua needs too much iron ore.

Zhonghua constantly imports one billion tons of iron ore, accounting for more than 60% of the world ’s total imports. In order to seize such a huge supply, those mining giants did not know how many ghosts were behind them and how many traitors they bought.

And now Robert Lee stares blankly at the radio in his car, even if he is covered in blood. Because there was a news in the radio news just now ... In order to reduce the production capacity, the rabbit government plans to reduce the import of iron ore to half of its current level within three years.

Did you make a mistake? Where is the capacity cut? This is clearly suicide!

At the news, Robert Lee was shaking all over, shaking all the time!

The plague of extinction!

"Isn't this true?" Robert Lee trembled out of his phone and immediately contacted a well-informed person he knew. The result was ambiguous after asking a few words, and finally hung up the phone and couldn't get through anymore.

Traffic policemen were attracted by the car crashing on the roadside, but Robert Lee could n’t take care of his car accident. He ran away before the traffic police came, and after a simple bandage, he quickly shouted a taxi and returned to his office.

On the computer screen of the office, the Shanghai futures exchange has stopped trading after work. But the iron ore prices of other futures exchanges in the world fell, and collectively kneeled-if Zhonghua really reduced the import of iron ore by half, many people would not kneel but die.

"No ...!" Robert Lee's head immediately buzzed and screamed. The drunken little drunk had disappeared at the moment, but the pain of panic and palpitation almost made him self-defeating. He immediately went online to try to find the latest news, but what he saw was mourning.

All kinds of mining forums have been messed up. Official, corporate, and even private networks are desperately asking what happened? No one really believes that the flower-growing government will cut half of its iron ore imports in order to reduce production capacity, which means that even domestic demand cannot be met.

How can anyone be sure what happened? The flower-planting government has always had a stable policy and is doing things squarely. It is not like the A3 government is tossing about it every time. But now it is terrible to cut half of the iron ore import quota in this breath!

And at this time, let alone a person who ca n’t sit still, even the country ca n’t sit still. The Australian government shouted at a regular press conference of the Ministry of Foreign Affairs, talking about cooperation and win-win cooperation, removing trade barriers and raising product quotas.

Because Australia ’s iron ore exports 7.8 billion tons annually, most of it is bought by Zhonghua. Now the quota is reduced by half ... This is not a problem of a loss of US $ 10 billion or US $ 20 billion in exports, but a problem that large enterprises are going to finish up and lose a lot of jobs.

We can wait until the next day Zhonghua will directly reduce the iron ore quota imported from Australia by half. This is really dumbfounded ...

Rabbit, do n’t you mean to reduce by half in three years, how can you reduce the quota by half the next day?

Zhonghua said: Yes, it is now within three years. It is my business to buy your iron ore. how? You still want to interfere in my internal affairs!

The Rabbit Ministry of Foreign Affairs held a press conference, and some reporters asked about iron ore quotas, especially referring to Australia ’s request to open the market.

The Chinese spokesperson said: We have always maintained international liberalized trade. Regarding the reduction of iron ore quotas this time, Australia should self-reflect on why it will be resisted by our enterprises, and do not go further and further on the way that affects regional peace.

The rabbit did n’t point to Australia ’s nose and said: You are a dead kangaroo in Tu'ao. In the past, it was either a **** or a human rights issue. It was to raise the price of Lao Tzu on iron ore. Now I have nothing to do. I always send warships to Laozi Nanhai. . Letting you make money is not grateful, but it's still a whistle. Today you have to clean up your early bird!

Now the thief's economy is not very good, affecting the whole world. Various countries are counting on Zhonghua to become the new world trade engine. The mining industry accounts for a large proportion of Australia ’s exports, which is suddenly less than half. Today ’s GDP has to increase, not to mention the decline.

Everyone in the global village knows that rabbits have become more and more powerful in recent years, but now it is discovered that people are wielding trade sticks and let the local bullies taste the pain, and everyone is still very uncomfortable after all!

Robert Lee does n’t care much about international trade. The next day he wanted to immediately throw away the iron ore futures he had bought, but he did not expect that the futures price would dive at the opening, and he was not given any opportunity to operate.

Banks do n’t even have time to ask Robert Lee if he wants to increase the margin. Several times the financial leverage has already collapsed. All the houses where he went into speculation yesterday were emptied in an instant, and he owed a **** debt in one breath.

Robert Lee understood that yesterday ’s slow response in the futures market was not at all slow, and that out of ten people were investing a lot of money to harvest leeks. And he is the cut leek.

When he lost his soul, Robert Lee walked out of his office in a trance. He pressed the elevator and wanted to go to the rooftop of the building, only to see that the company next door also came out of a pale, staggering man.

"Are you also speculating on iron ore futures?" Robert Lee asked, feeling very close.

The pale man shook his head and said bitterly, "Copper mine, copper mine is over. There are also nickel ore, bauxite, and today the trading volume of almost all major minerals has fallen sharply. Unexpectedly, there will be such a huge decline, even the most pessimistic analysts have not expected it. "

What?

Robert Lee does n’t know whether he should cry or laugh? It turned out that he was not the one who was unlucky. It turned out that the crisis dragged countless people into the water. "Why? Why is this happening?"

The pale man murmured: "The Ministry of Commerce of the flower-growing government has just released a forecast saying that the import of minerals from flower-growing may be greatly reduced in the future. Even ..., even the import of oil will be affected."

His ..., oil?

This is too messy!

If the price of iron ore plummets, the affected countries are still very limited. But if the price of oil plummets, there will be more dead countries.

Do n’t talk about Australia in this case. Australia can sell iron ore and sell other things. In some countries, there is no production other than oil. Even the United States, which is currently engaged in shale gas, cannot escape.

Someone is doing things, but it is a miserable world.