China's import of key commodities falls sharply during January

Monday, February 9th 2015 - 12:32 UTC

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China's imports of key commodities eased in January after the record high set in December, as expected as the earlier heavy purchases to take advantage of weak prices had swollen inventories, preliminary customs data released has shown. Read full article

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yankeeboy
China is very stupid about their commodity imports and they have a huge black market on certain items.
The Chinese have over paid for their huge stockpiles of commodities but they won't sell them because they paid too much and will lose money so they buy more at cheaper prices and sell that.
And they wonder why their economy is collapse
Very stupid people
Feb 09th, 2015 - 03:46 pm - Link - Report abuse 0
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Briton
More reason they want Argentines natural resources.

and are more likely to get them from CFK.
Feb 09th, 2015 - 08:33 pm - Link - Report abuse 0
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ChrisR
It looks very much like the Chin have never heard of 'depleted cash flow analysis'.

Ah well: https://www.youtube.com/watch?v=IKe2OfXLxuc
Feb 10th, 2015 - 10:24 am - Link - Report abuse 0
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yankeeboy
3. Yes it is odd, apparently there a HUGE stockpile of Soy AND a huge black market of it too.
Crazy place
It will fail soon enough
Feb 10th, 2015 - 09:41 pm - Link - Report abuse 0
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