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Strategies & Market Trends : China Warehouse- More Than Crockery -- Ignore unavailable to you. Want to Upgrade?


To: RealMuLan who wrote (5271)8/4/2005 12:33:15 AM
From: RealMuLan  Read Replies (1) | Respond to of 6370
 
According to the latest projection by the China Commerce Dept, China will import 130 million tons of oil in 2005, a decline of 28% from last year. Of the 130 million tons, 120 million tons will be used in domestic consumption, an increase of 4.3% from 2004. The rest of 10 million tons will be processed and then export, an increase of 15% from 2004.

As a result, China's oil import in 2005 will count only about 6.8% of the world total.

The link for the Chinese article.
news.hexun.com



To: RealMuLan who wrote (5271)8/4/2005 8:29:03 AM
From: hui zhou  Read Replies (1) | Respond to of 6370
 
>Baidu, the most hyped China's stock

Because they claim to be Chinese Google. Google IPO set at 100+. Remember they didn't use the investment bank as underwriting? Initially down to 80+ now over 300.