Chinese Premier Wen wishes to boost Agriculture trade with Argentina

Chinese Premier Wen wishes to boost Agriculture trade with Argentina

Chinese Premier Wen Jiabao recently expressed an interest in expanding direct trade in agricultural and livestock products with Argentina.

Premier Wen was speaking while visiting a farm close to the Argentinian capital of Buenos Aires, he stated that the two countries' agricultural industries are highly complementary as Argentina has rich resources and advanced technologies while China enjoys a huge market potential.

"China is ready to expand direct agricultural trade with Argentina and enhance cooperation in the investment, infrastructure and technology sectors," Wen said while meeting with Argentine agricultural officials and businesspeople.

Statistics showed that agricultural trade between China and Argentina reached $5.5 billion last year; most of the trade volume was agricultural exports from Argentina to China

Argentina is the world's top exporter of flour and soy oil, and 3^rd largest soy bean exporter and second largest corn exporter.

China, the world’s 2nd largest economy, continues to be the most important market for companies looking for growth and Chinese companies continue to globalize by investing and selling their products in new markets; what is your company’s strategy for engaging China? 

Futures and Options Risk Disclosure
Trading futures and options involves the risk of loss. You should consider carefully whether futures or options are appropriate to your financial situation. You must review the customer account agreement and risk disclosure prior to establishing an account. Only risk capital should be used when trading futures or options. Investors could lose more than their initial investment. Past results are not necessarily indicative of futures results. The risk of loss in trading futures or options can be substantial, carefully consider the inherent risks of such an investment in light of your financial condition.

Citigroup issues sole-branded credit cards in China

Citigroup issues sole-branded credit cards in China

David Nealis President of Blue Bridge

Citigroup announced that it has issued its first-ever sole-branded credit card in mainland China. The China Banking Regulatory Commission gave Citigroup approval to issue credit cards directly to local customers in February 2012. The US-based bank already has co-branded credit cards with Shanghai Pudong Development Bank, a program that will end following the launch of Citigroup’s sole-branded product.

China, the world’s 2nd largest economy, continues to be the most important market for companies looking for growth and Chinese companies continue to globalize by investing and selling their products in new markets; what is your company’s strategy for engaging China?

 

Futures and Options Risk Disclosure
Trading futures and options involves the risk of loss. You should consider carefully whether futures or options are appropriate to your financial situation. You must review the customer account agreement and risk disclosure prior to establishing an account. Only risk capital should be used when trading futures or options. Investors could lose more than their initial investment. Past results are not necessarily indicative of futures results. The risk of loss in trading futures or options can be substantial, carefully consider the inherent risks of such an investment in light of your financial condition.

China’s Yancoal suspends Australia expansion plans

China’s Yancoal suspends Australia expansion plans

Chinese owned Yancoal Australia has suspended its expansion plans in all seven of its Australian mines due to low global coal prices and reduced demand from the Asian market. The company said that expansion plans across all mines will be reviewed.

Yancoal Australia, formed through Yanzhou Coal Mining's takeover of Gloucester Coal, is currently the biggest Chinese entity listed on the Australian Stock Exchange.

China, the world’s 2nd largest economy, continues to be the most important market for companies looking for growth and Chinese companies continue to globalize by investing and selling their products in new markets; what is your company’s strategy for engaging China?

 Futures and Options Risk Disclosure
Trading futures and options involves the risk of loss. You should consider carefully whether futures or options are appropriate to your financial situation. You must review the customer account agreement and risk disclosure prior to establishing an account. Only risk capital should be used when trading futures or options. Investors could lose more than their initial investment. Past results are not necessarily indicative of futures results. The risk of loss in trading futures or options can be substantial, carefully consider the inherent risks of such an investment in light of your financial condition.

Shanghai still world’s No. 6 financial center

 

Xinhua-Dow Jones: Shanghai still world’s No. 6 financial center

According to the latest Xinhua-Dow Jones International Financial Centers Development Index, Shanghai has kept its sixth spot as the world's most competitive financial center in 2012. Gauging the growth capacity of 45 financial centers all over the world, Shanghai is ranked sixth after New York, London, Tokyo, Hong Kong, and Singapore. Frankfurt, Paris Zurich and Chicago are at seventh to tenth places respectively.

China, the world’s 2nd largest economy, continues to be the most important market for companies looking for growth and Chinese companies continue to globalize by investing and selling their products in new markets; what is your company’s strategy for engaging China?

 

Futures and Options Risk Disclosure
Trading futures and options involves the risk of loss. You should consider carefully whether futures or options are appropriate to your financial situation. You must review the customer account agreement and risk disclosure prior to establishing an account. Only risk capital should be used when trading futures or options. Investors could lose more than their initial investment. Past results are not necessarily indicative of futures results. The risk of loss in trading futures or options can be substantial, carefully consider the inherent risks of such an investment in light of your financial condition.

Noble to target US agriculture assets for mainland China

David Nealis President of Blue Bridge

 

Noble to target US agriculture assets for mainland China

Hong Kong’s Noble Group, a commodity firm said it will target agricultural assets in the USA in order to meet rising demand in mainland China. The USA, which according to the United States Department of Agriculture is the largest corn producer in the world in 2012, will play an important role in meeting China’s rising demand for corn.

 In the last three years, Noble has announced deals worth over  US$ 2 billion, to include developing sugar operations in Brazil as well as other assets in the US and Australia.

China, the world’s 2nd largest economy, continues to be the most important market for companies looking for growth and Chinese companies continue to globalize by investing and selling their products in new markets; what is your company’s strategy for engaging China?

Futures and Options Risk Disclosure
Trading futures and options involves the risk of loss. You should consider carefully whether futures or options are appropriate to your financial situation. You must review the customer account agreement and risk disclosure prior to establishing an account. Only risk capital should be used when trading futures or options. Investors could lose more than their initial investment. Past results are not necessarily indicative of futures results. The risk of loss in trading futures or options can be substantial, carefully consider the inherent risks of such an investment in light of your financial condition.

PetroChina plans to invest US$15.7Billion in global investments

 

PetroChina plans to invest US$15.7Billion in global investments

China's largest oil company; PetroChina, recently stated that it is seeking acquisitions in Central Asia, Australia, Canada, and East Africa to fuel its global growth. PetroChina’s President Zhou Jiping revealed that PetroChina has reserved RMB 100 billion (US$15.74 billion) for overseas investments in oil and gas assets.

PetroChina’s need acquire global assets is not only motivated by commercial growth but also by China’s need to secure new sources of energy.

China, the world’s 2nd largest economy, continues to be the most important market for companies looking for growth and Chinese companies continue to globalize by investing and selling their products in new markets; what is your company’s strategy for engaging China? 

Futures and Options Risk Disclosure
Trading futures and options involves the risk of loss. You should consider carefully whether futures or options are appropriate to your financial situation. You must review the customer account agreement and risk disclosure prior to establishing an account. Only risk capital should be used when trading futures or options. Investors could lose more than their initial investment. Past results are not necessarily indicative of futures results. The risk of loss in trading futures or options can be substantial, carefully consider the inherent risks of such an investment in light of your financial condition.

China Digs for Gold in Australia with takeover of Norton Goldfields

 

 

China Digs for Gold in Australia with takeover of Norton Goldfields

Zijin, China's largest gold producer, now holds more than 50% of Norton Golfdields' shares, as the Australian group attempts to revive mining operations in central Queensland and plans a new copper mine at Many Peaks, southwest of Gladstone. Four Norton directors, including Chairman Tim Prowse, have resigned and Zijin’s Chairman, Jinghe Chen, will chair the Norton Goldfields board.

China, the world’s 2nd largest economy, continues to be the most important market for companies looking for growth and Chinese companies continue to globalize by investing and selling their products in new markets; what is your company’s strategy for engaging China?

 Futures and Options Risk Disclosure
Trading futures and options involves the risk of loss. You should consider carefully whether futures or options are appropriate to your financial situation. You must review the customer account agreement and risk disclosure prior to establishing an account. Only risk capital should be used when trading futures or options. Investors could lose more than their initial investment. Past results are not necessarily indicative of futures results. The risk of loss in trading futures or options can be substantial, carefully consider the inherent risks of such an investment in light of your financial condition.

China’s coal demand slows as the economy wobbles

David Nealis President of Blue Bridge

China’s coal demand slows as the economy wobbles

China's ports are becoming overwhelmed with stockpiles of coal as the Chinese economic slowdown has substantially slowed domestic demand for the resource.

Coal stockpiles at the Qinhuangdao, Huanghua and Tangshan ports in north China's Hebei province have risen to 16 million tons, according to a statement recently posted on the website of the Hebei Port Group Co.

The nation's coal demand has slowed in recent months as domestic economic growth has decelerated amid the sluggish global economic recovery, the ongoing eurozone debt crisis and weak US demand for Chinese products.

The manufacturing slow down curbed China’s power consumption, in the first five months of 2012, gross power consumption increased 5.8 percent year on year to 1.96 trillion kilowatt-hours, much lower than the 12-percent increase registered during the same period last year.

China, the world’s 2nd largest economy, continues to be the most important market for companies looking for growth and Chinese companies continue to globalize by investing and selling their products in new markets; what is your company’s strategy for engaging China?

 

Futures and Options Risk Disclosure
Trading futures and options involves the risk of loss. You should consider carefully whether futures or options are appropriate to your financial situation. You must review the customer account agreement and risk disclosure prior to establishing an account. Only risk capital should be used when trading futures or options. Investors could lose more than their initial investment. Past results are not necessarily indicative of futures results. The risk of loss in trading futures or options can be substantial, carefully consider the inherent risks of such an investment in light of your financial condition.

South Korea dependent on China for rare earths

South Korea dependent on China for rare earths

South Korea purchased a total of 282 tons of rare earths from China last year, which accounted for 78% of the South Korea's total imports of 360 tons of rare earth according to the South Korean Customs Service. South Korea's dependence on China for rare earths in 2011 rose by 13% from 2010.

 Rare earth materials are a set of seventeen chemical elements in the periodic table, specifically the fifteen lanthanides plus scandium and yttrium. Scandium and yttrium are considered rare earth elements since they tend to occur in the same ore deposits as the lanthanides and exhibit similar chemical properties. 

 They are key components of many modern-day technologies, including hybrid electric vehicles, liquid crystal displays and other high-tech equipment.

 

China, the world’s 2nd largest economy, continues to be the most important market for companies looking for growth and Chinese companies continue to globalize by investing and selling their products in new markets; what is your company’s strategy for engaging China?

 

Futures and Options Risk Disclosure
Trading futures and options involves the risk of loss. You should consider carefully whether futures or options are appropriate to your financial situation. You must review the customer account agreement and risk disclosure prior to establishing an account. Only risk capital should be used when trading futures or options. Investors could lose more than their initial investment. Past results are not necessarily indicative of futures results. The risk of loss in trading futures or options can be substantial, carefully consider the inherent risks of such an investment in light of your financial condition.