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Sunday, November 22nd, 2009

Posts Tagged ‘ China Minmetals Corp ’

China Continues its Commodities Binge with Brazilian Oil Deal

Feb 23rd, 2009 | By Jason Simpkins | Category: Oil Investment & Alternative Energy

China Development Bank, one of China’s largest state-owned enterprises, has agreed to lend $10 billion to Brazil’s Petrobras (PBR) in exchange for a long-term supply of oil – the latest illustration of how Beijing is using the global downturn to further its domestic agenda.

Tags: ACH, China Development Bank, China Minmetals Corp, commodities prices, Global Downturn, Jason Simpkins, OAO, PBR, Rio Tinto Plc, RTP, SHI, TRNFF, Zinc Miner
Posted in Oil Investment & Alternative Energy | No Comments »

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