I learnt the other day that you have to be careful what you say and to whom.
Following a recent post about the electricity shortage, I was contacted by a blogger based in the USA. She wanted to know more about the problem, and wanted a copy of our White Paper that we released last week.
Since the white Paper is for sale, I declined to send her a free copy, but gave her an extract from the Conclusions section of the report.
Now I see on her blog that our White Paper is being used as part of an argument “Ten Reasons to Short China”. We do not argue anything of the sort in our White Paper. We see coal prices and aluminium prices rising in the second half of this year, but that will be because demand is outstripping supply.
Anyone who uses the electricity shortage as an argument in favour of a “hard landing” theory for China clearly doesn’t know China.
Since I’m the “blogger” let me begin by stating that if you actually spent the time to read the two part story, you would have realized that we were not suggesting a hard landing but rather what would happen to commodity prices. Oddly enough, supporting the AZ China position. The second post even links to the words “an alternative point of view” but I guess that is something you opted to gloss over.
Here are the links so your readers can make their own informed conclusions:
https://agmetalminer.com/2011/06/13/10-reasons-to-short-china-part-one/
https://agmetalminer.com/2011/06/16/10-reasons-to-short-china%E2%80%A6part-two/
And to clarify, a blog is to present alternative points of view with alternative voices. We always welcome comments from AZ China, this blog and all dissenters…
Lisa Reisman, Editor MetalMiner