China Copper Con

If you needed upwards of 50ml tonnes of copper over the next 5 years, and had very little production of your own, what would you do?
I’m thinking you’d manipulate the market like crazy trying to get everyone to believe there’s a huge surplus instead of a major deficit.
How would you do it? Well, we can look at the last time the Chinese manipulated the copper market – they invited every analyst they could find and invited them to China. Showed them all a few warehouses stacked with copper to the roof. Why there was so much copper the ground was compacting said one guy, another said the stacks were falling over like dominos. The world bought the surplus story, swallowed it hook line and sinker. Headlines screamed ‘China Has Enough Copper!’