Like a lead balloon
Subscribe to keep reading.
Trivium Markets keeps you briefed on the latest developments in China markets policy.
Already a subscriber? Log in.
On Friday, the National Development and Reform Commission (NDRC) pledged to crack down on iron ore speculation.
The problem: Domestic iron ore prices have jumped around 60% since the middle of November.
But despite the jump, the NDRC has found that:
"[D]emand and supply are overall stable and dome...