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Strategies & Market Trends : Greater China Stocks

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From: Julius Wong4/14/2011 8:28:14 AM
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BRICS Prod China's Hu to Import Value-Added Goods as Well as Raw Materials
By Bloomberg News - Apr 13, 2011

President Hu Jintao was pushed by fellow BRICS members Brazil, Russia, India and South Africa to open the Chinese market to goods ranging from Indian drugs to Brazilian planes as leaders gathered on a tropical south China island for a summit.

Indian Prime Minister Manmohan Singh pressed Hu in a bilateral meeting yesterday to find ways to reduce India’s trade deficit with China by boosting imports of Indian information technology and pharmaceutical products, Indian National Security Adviser Shivshankar Menon said in Sanya, China.

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bloomberg.com
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