Usc Ibear Business Class

Marcus Lyu runs hard commodities trading in Asia for the 100 billion USD, Swiss head-quartered energy trading firm Mercuria. In this interview in Shanghai, Business Class again looks at a changing China. Marcus explains how the coal and iron ore commodities markets, give insight into Chinese policy. He also describes how the 2008 global crash has shifted many heavy industries in China from private to predominately State Owned Enterprises. We see that commodity prices serve as a canary in a coal mine. Marcus Lyu is an alumni of the USC IBEAR MBA program. Interview by Dick Drobnick, Director of the USC IBEAR MBA Program.