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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: Jim Willie CB who wrote (20800)	10/27/2004 1:43:54 PM
From: russwinter	Respond to of 110194

CHINESE IRON ORE IMPORTS IN SEPTEMBER NEAR RECORD 10-27-2004 China’s Customs Statistics show that iron ore imports were sustained at very high levels in September, reaching 18.72 Mt. This marks a 2.3 Mt rise on August as well as a year-on-year increase of some 4.8 Mt and is the second highest monthly import total on record. Furthermore, data on steel product imports and exports in September indicate a shift in China’s status to net exporter of steel products. During the month, China imported 1.87 Mt and exported 1.95 Mt.

To: Jim Willie CB who wrote (20800)	10/28/2004 9:42:29 AM
From: russwinter	Respond to of 110194

China's Ministry of Propaganda checks in on the "inflation fight" front with token rate increase. Cognoscenti in the Land of Oz bow down with ooohs and aahhs: China Raises Benchmark Lending Rate for First Time in 9 Years Oct. 28 (Bloomberg) -- China raised its benchmark lending rate for the first time in nine years. The one-year rate will be increased by 0.27 percentage point to 5.58 percent effective tomorrow, the central bank said in a statement on its Web site. The benchmark one-year deposit rate will also be raised by 0.27 percentage point to 2.25 percent, the statement said.