Booms, Busts, and Recoveries Message Board

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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: RealMuLan who wrote (53889)	10/1/2004 7:28:05 PM
From: RealMuLan	Read Replies (2) of 74559

China announces huge investments in Canada -------------------------------------------------------------------------------- 30/9/2004 7:44 The Chinese firm, Minmetals, owned by the Chinese government, has taken over the biggest mining company in Canada, Noranda Mining. Minmetals paid about US$5.7 billion for Noranda Mining, reported China Radio International. Another Chinese state-owned oil company Sinopec is in talks to acquire a large lease of oil bearing land in Canada, an investment that could total several billion dollars. english.eastday.com

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