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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?


To: TobagoJack who wrote (61101)3/17/2005 4:34:33 AM
From: energyplay  Respond to of 74559
 
You said jump...

he said [how] high ?

pretty ugly market...



To: TobagoJack who wrote (61101)3/17/2005 5:57:41 AM
From: elmatador  Respond to of 74559
 
No one told me that before! China was propped by cheap Japanese money! We are here paying a hell of a lot of interest to get money and China is getting it cheap cheap???

Japan and China agree to end cheap loans by 2008:
5 Hour,59 minutes Ago


[Europe News] TOKYO - Japan has reached a broad agreement with China to end yen loans to its Asian neighbour by 2008, Japanese Foreign Minister Nobutaka Machimura said on Thursday.

Japan has scaled back low-interest loans to a booming China for three consecutive years and government officials have recently pointed to the need for Beijing to “graduate” from its reliance on the aid.

“We have been holding talks about ending new yen loans before the Beijing Olympics and we have reached a broad agreement,” Machimura told a budget committee in parliament’s upper house.

Machimura said the accord was reached when he spoke by phone to Chinese Foreign Minister Li Zhaoxing on Tuesday. >>