Word: mcdonald
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...Staff writer Timothy M. McDonald can be reached at tmcdonal@fas.harvard.edu...
...Staff writer Timothy M. McDonald can be reached at tmcdonal@fas.harvar.edu...
...Staff writer Timothy M. McDonald can be reached at tmcdonal@fas.harvard.edu...
...Staff writer Timothy M. McDonald can be reached at tmcdonal@fas.harvard.edu...
...overinvestment could eventually cause prices to collapse there too. A metals trader in the U.S., for example, hangs on his wall a world map with black dots indicating the location of aluminum plants. Most producing countries have five or six dots; China has 130. "China is building smelters like McDonald's opens restaurants," says the trader, who asked not to be identified. He's worried, because China used to be a net importer of aluminum before starting to export and driving down world prices. China exported 621,000 tons in the first nine months of 2003, and far more could...