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China's Steel Woes.

Authors :
Fairclough, Gordon
Bai Lin
Source :
Wall Street Journal - Eastern Edition. 3/3/2008, Vol. 251 Issue 51, pC9. 0p. 1 Color Photograph, 1 Graph.
Publication Year :
2008

Abstract

The article discusses the effects of the surging iron ore prices on Chinese investors and the extremely price-sensitive consumers of China in 2008. According to the author, if companies that sell products raise their prices, they run the risk of declines in demand and market share but if they do not, their profit margin will erode. Investors in turn, he says, will be wary of owning stocks even in established brands like Haier Electronics Group and may be forced to sell their stocks.

Details

Language :
English
ISSN :
00999660
Volume :
251
Issue :
51
Database :
Academic Search Index
Journal :
Wall Street Journal - Eastern Edition
Publication Type :
News
Accession number :
31224973