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At least two iron ore cargoes from the world's No.4 supplier Fortescue Metals Group are facing unusual customs delays at north China's Caofeidian port due to inspections for solid waste, sources with knowledge of the matter said. The cargoes were in two shipments totalling roughly 400,000 metric tons, the sources said, worth around $55 million, though only the portions earmarked for portside sale by Fortescue after arrival face delay, while volumes already sold were little affected. One of the partial cargoes has been delayed at Caofeidian, among China's busiest for handling the key steelmaking ingredient, since December, while another arrived this month. ....
How patriotic ah the chinese will they boycott american products. well that seems to be the general consensus ben a lot of american goods and services face the threat of things like customs delays and other restrictions that the chinese have put across in previous disputes with south korea and japan they could also lower the yuan the chinese currency which will then make the u.s. interest rates higher and therefore american exports more expensive tell me about beijing s strategy as a whole and in this dispute it s been using but toiletry tariffs but not to hotshoe ones and opening the economy to the outside well bit by bit which was already doing anyway but making announcements along those lines to appease washington is that working well i think these actions are more gentle shows than big blow has been and they tend to speak a deeper meaning china s move in strategy has a bit of ....