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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

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To: mishedlo who wrote (10670)3/23/2004 5:04:36 AM
From: Haim R. Branisteanu  Read Replies (1) of 110194
 
Food & Clean Water will be next secular bull market

Brazil Wants China to Help Build Rails, Spur Exports (Update2)
March 23 (Bloomberg) -- Brazil's Foreign Minister Celso Amorim is lobbying China to help finance railroads, roads, agriculture and mining in South America's largest economy to speed the flow of soybeans, meat and minerals to China.

Brazilian exports to China soared 80 percent to $4.29 billion last year, driving sales in the South American country by iron ore miner Cia. Vale do Rio Doce and U.S. grain trader Cargill Inc. Brazilian President Luiz Inacio Lula da Silva is seeking financing to reduce bottlenecks on roads, railways and ports to boost exports and revive the economy.

Amorim, on a three-day visit to Beijing ending tomorrow, has proposed projects that include jointly searching for uranium in Brazil during meetings with Ma Kai, China's top planning official, Brazilian embassy officials in Beijing including Paulo Joppert, first secretary in charge of political affairs, said. Amorim also met with Premier Wen Jiabao and Foreign Minister Li Zhaoxing.

quote.bloomberg.com
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