青島港

Sparks start to fly from China’s metal probe
中國金屬融資調查衝擊波


中國青島港對金屬被重複抵押的調查引發廣泛反應。倫敦金屬交易所3個月期銅價格自上週初以來下跌4%,中國國內大宗商品融資交易已停滯。調查範圍預計還將擴大。

The port city in northeastern China is famous for its Tsingtao brewery that was founded more than a century ago with 400,000 Mexican silver dollars as capital. But in recent years, Qingdao – the beer’s name uses an older spelling – has been attracting other types of metal. As Chinese traders’ appetite for cheap forex funding has increased, piles of copper and aluminium used as loan collateral have accumulated in dockside warehouses.

地處中國東北的港口城市青島,因青島啤酒(Tsingtao Beer)而聞名。該廠創辦於100多年前,當時的本金是40萬墨西哥銀元。不過近年來,青島市一直在吸引著其他種類的金屬。隨著中國交易商對廉價外匯融資的興趣上升,被用作貸款抵押物的銅和鋁在青島港碼頭的倉庫中不斷堆積起來。

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