Gee who do you think might have been responsible for this?
In the grip of speculators, tin hits 18-year highAnd has lots of cold hard cash to invest?
China
China is also one of the major tin-producing countries; the main producing area is the Gejiu complex in Yunnan which has accounted for a large proportion of the total output in China for many years.Total mined production of tin in 1990 (as ores and concentrates) was 211,000 tonnes, with the major producing nations being Brazil, China, Indonesia, Malaysia, Bolivia and Thailand.
Thus an alliance that once was part of the non-aligned anti-Imperialist bloc now becomes aligned with the new Imperialist player on the block, who can throw some coin their way in the global marketplace.
SEE:
Turning Lead into Gold
China Burps Greenspan Farts Dow Hiccups
China: The Triumph of State Capitalism
China No Longer Red Nor In The Red
US vs China for Global Hegemony
Afghanistan or Africa
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