Article RDWB Plenty to worry about regarding Britain’s close relationship with China | Letters

Plenty to worry about regarding Britain’s close relationship with China | Letters

by
Letters
from on (#RDWB)

Did I hear Sajid Javid say in the Commons that no government can control the market price of steel? Of course they can. The Chinese government has just dramatically reduced the price by dumping. The Saudi government in the past raised the price of oil by restricting supply. It is called power, or monopoly, and you get more power by destroying competitors' industries. I once thought Sajid Javid must be knowledgeable about business. I now doubt it.
Ernie Kirkbride
Whitby, North Yorkshire

" Nils Pratley's analysis of Hinkley Point was good (22 October) but he failed to appreciate the full impact of using CPI to determine the future price of electricity generated. If the price of oil were to rise to $150 per barrel, inflation goes up and so does the price Hinkley Points can charge. A win-win situation if you are Chinese. Poor value for the rest of us.
Rob Wilson
Chorley, Lancashire

Continue reading...

rc.img

rc.img

rc.img

a2.img
ach.imga2t.imga2t2.imgmf.gif
External Content
Source RSS or Atom Feed
Feed Location http://feeds.theguardian.com/theguardian/environment/rss
Feed Title
Feed Link http://feeds.theguardian.com/
Reply 0 comments