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Thread: China hunts fugitive commodities trader
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[quote=MARRIE,307736]Four days later, the government signaled that it might take responsibility. A report from the state agency said China had begun stockpiling copper in Shanghai in case it had to transfer large volumes to the London market to cover Liu's bad trades. The same day, the state-supervised Economic Observer newspaper reported that Liu had been held in custody for unspecified "irregularities" since the middle of October. Much like the details of his rise and fall, his whereabouts were unknown. Special correspondent Eva Woo contributed to this report from Shanghai. [/quote]
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