If you’re planning on travelling to China, we have two pieces of advice:
- Do not look like a short seller
- Do not go near any chemical factories
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.
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