Chinese traders tip iron ore to hit $US70, page-52

Hello Integra, I was in China when I saw that Clive Palmer live comment about his view on Chinese. My first reaction was "F...k, the Chinese are really going to get pissed off at that". And I had a feeling that the Chinese "will show us some coming pain and it might be on iron ore price". That was back then a few months ago. So, it is interesting that you also mention that now. The Chinese will not take sh..t like that. But some Australians have no idea about and no consideration for other cultures and other nationalities. The Chinese have this thing about "losing face", it is a very, very strong ideology. And Clive saying what he said on live TV was a definite No No. I would not be surprised if the Chinese hated that and made a decision to cause pain.