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Hong Kong Hubris and the LME
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Hong Kong Hubris and the LME

Our Correspondent
Jun 18, 2012
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Hong Kong Hubris and the LME
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State capitalism is advancing, this time courtesy of the government of what purports to be the freest, most private-sector economy in the world: Hong Kong.

It may be no particular surprise that an Asian exchange was one of the bidders when the member owners of the London Metal Exchange offered it for sale to the highest bidder – or at least the bidder wi…

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