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Microcap & Penny Stocks : Largo Vista -Crown Jewel of China 1998 and Beyond! LGOV -- Ignore unavailable to you. Want to Upgrade?

To: Dusty who wrote (39)	5/15/1998 11:25:00 PM
From: MICHAEL R WILLIAMS	Read Replies (2) \| Respond to of 295

Dusty, Another point of contact!! China's Q1 oil and chemical product exports up China's exports of crude oil, oil products and chemical products totalled $3.99 billion in the first quarter of 1998, up 1.07 percent from the year-ago period, an industry official said on Friday. Imports of oil, oil products, and chemical products reached $6.51 billion in the first three months, the official from the State Petroleum and Chemical Industry Bureau under the State Economic and Trade Commission told Reuters. Exports of oil products alone dropped a year-on-year 27.7 percent in the first quarter, he said, but did not give a breakdown. Among the chemical products, tyre exports increased by 29.3 percent year-on-year, while imports dropped 55.5 percent, the official said without giving further details. China has said it exported 19.83 million tonnes of crude oil and imported 35.47 million tonnes in 1997. China's chemical exports hit $15 billion last year, up 21 percent from 1996. ($1.0 = 8.3 yuan) -- Beijing Newsroom (86) 10-6532-1921; Fax (86) 10-6532-4978 -- Email: beijing.newsroom@reuters.com Mike w