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China to boost commodity imports to build stockpiles

Posted on 06 March 2009

From Bloomberg: China, the world’s second-biggest energy user, will increase imports of commodities including oil and boost inventories of strategic raw materials while prices are at their lowest in seven years.

China will expand purchases of important resources, Premier Wen Jiabao said in a report delivered to the legislature’s annual meeting today in Beijing….. Full Article: Source


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VRS - who has written 34696 posts on Opalesque Commodities Briefing.


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