09.07.15 – Another Chinese Chemical Plant Explodes, Huge Clouds Of Black Smoke Billow Skyward
At
this point we are past the belief that this is an accident or a
coincidence. The war has begun and it will only accelerate from this
point. Most likely we will see another explosion in retaliation.
- Failing to heed the first tip there could get you thrown in jail
(or, as Man Group’s China chief Li Yifei calls it, sent on a “short
vacation”).
- The consequences of failing to follow the second piece of advice above could be, how should we put this… explosive.
- With Beijing still scrambling to contain the fallout (both
figuratively and literally) from the devastating blast at Tianjin which
killed some 160 people and injured more than 700 last month, the country
is on edge. Two additional chemical blasts (both in Shandong)
did little to calm China’s frayed nerves and now, a fourth blast, this
time in Zhejiang, has been reported. Here’sReuters:
- An explosion shook a chemical plant in the
Chinese province of Zhejiang, state media said on Monday, though there
were no immediate reports of casualties in a country on edge after
blasts killed more than 160 people last month
At
this point we are past the belief that this is an accident or a
coincidence. The war has begun and it will only accelerate from this
point. Most likely we will see another explosion in retaliation.
