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

To: shades who wrote (51083)	1/23/2006 9:32:06 PM
From: shades	Read Replies (1) \| Respond to of 110194

DJ China Reserves Bureau: To Avoid More Huge Invest Losses BEIJING (Dow Jones)--China's State Reserves Bureau, the manager of the country's commodity reserves, said Tuesday it plans strict limits on the trading of its units "to avoid more huge losses on its investments." Units under the State Reserves Bureau will be banned from trading futures, shares, foreign exchange and corporate bonds, and making investments overseas. The statement is the first time the State Reserves Bureau has mentioned huge losses. In November last year, the world's business media focused on a Chinese government copper trader and the short positions he had built up on the London Metal Exchange that unraveled. (MORE TO FOLLOW) Dow Jones Newswires January 23, 2006 21:30 ET (02:30 GMT) Copyright (c) 2006 Dow Jones & Company, Inc.- - 09 30 PM EST 01-23-06