( Natural News ) One of China’s most influential commodities traders has recently asked for government and financial institutions’ help after liquidity issues hit him hard. He Jinbi, founder and chairman of Xi’an Maike Metals International Ltd., is now suffering a liquidity crisis , and his empire is under threat.
The company handles a million tons of copper a year, amounting to a quarter of China’s refined copper imports. It is the largest player in the most important global trade route for the metal and a major trader on the London Metal Exchange.
He said the problems are only temporary […]
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