cue the lightning bolts

the only question that matters: is it true?

Iran has signed the NPT. As a signatory to the NPT, Iran may rightfully, legally, use nuclear technology for peaceful energy purposes. Iran has submitted to and passed repeated IAEA inspections. The US intelligence community (NIE) does not consider Iran a nuclear threat. Israel refuses to sign the NPT. Israel has an estimated several hundred undeclared nuclear weapons. Russia and China have warned that an attack on Iran will have global consequences. That's the situation in a nutshell. Where to next, people? Where to?

Have I now become your enemy by telling you the truth? - Galatians 4:16

11.30.2009

Chinese investments

1. Wen attends 12th China-EU summit in Nanjing

China to increase imports from Europe to address trade imbalance
China, EU promote trade, investment
China, EU should show great foresight in shaping future
China urges EU to relax export control over high-tech products
China welcomes EU pledge of 57 million Euros for near-zero emissions coal project
Chinese premier addresses 5th China-EU business summit
Chinese premier meets Swedish prime minister

read these stories @ chinaview


2. China, Brazil should tap potential for cooperation

MANAUS, Brazil, Nov. 29 (Xinhua) -- China and Brazil should work to tap the potential for cooperation and take advantage of their economic complementarity to help achieve economic prosperity of both countries, top Chinese political adviser Jia Qinglin said on Sunday.

Jia, who is in Amazonas state as part of his visit to Brazil, said at a meeting with state governor Carlos Eduardo de Souza Braga that Amazonas, with a strong economy and Brazil's sole free trade area, has been the destination of investment by some Chinese companies, which have based their production here and sold products in Brazil and to other parts of South America.

...Amazonas' trade with China accounts for 20 percent of the total trade between Brazil and China, and China has become the primary source of foreign investment and tourists to Amazonas, he said.


read more @ chinaview



3. China's Wuhan to invest $400m in Brazil Miner MMX

SAO PAULO -(Dow Jones)- China's Wuhan Iron & Steel Group agreed to invest $400 million in Brazilian miner MMX Mineracao e Metalicos SA (MMXM3.BR), MMX said Monday in a statement.

Under the terms of the agreement, Wisco, as the Chinese company is widely known, will acquire a 21.52% stake in MMX through a private issue of shares. MMX will also export iron ore to Wisco as part of the deal.

The 20-year iron ore sales and purchase agreement could represent a total volume of 16 million metric tons of iron ore from MMX's Sudeste system, with initial shipments to start in April 2010, MMX said.


read more @ morningstar



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