China Shanghai Composite Weekly		China-based Companies		U.S. Imports from China		Links & Notes		Dow Jones Shanghai
China Shanghai Composite Monthly		I Shares China		U.S. Exports to China		FXI & BDI

China Shanghai Composite Index (weekly), 20 week exponential average in green, 5 week exponential average in red, 52 week ROC (rate of change) in yellow, MACD (moving average convergence divergence) in green.
China Shanghai Composite Index monthly chart, the red line is a 24 month exaverage, the yellow line is a 6 month exaverage.
iShares FTSE/Xinhua China 25 Index Fund,daily chart(Symbol FXI) Exponential Averages 200 days, 20 days, 5 days. 20 Day Donchian Channel blue.
FXI & Baltic Exchange Dry Index (BDI)
Dow Jones Shanghai Index
U.S. Imports from China, Mainland, Customs Basis
U.S. Exports to China, Mainland, f.a.s. basis
China-based companies doing the bulk of their business on mainland (as of December 2003)
Asta Holdings                    ASTT                Chip assembly and testing Aluminum Cp of China     ACH                    Aluminum Asia Info Holdings             ASIA                    Telecom Software Brilliance China Auto        CBA                      Autos --------------------------------------------------------------------------------------------------------------------- CNOOC                             CEO                     Oil & Gas China Eastern Airlines     CEA                      Airline China Mobil Hng Kng        CHL                      Wireless Operator China Petrol & Chem.      SNP                    Oil & Gas --------------------------------------------------------------------------------------------------------------------- China Southern Airlines    ZNH                     Airline China Unicom                    CHU                     Wireless Operator China Yuchai                      CYD                    Diesel engines Chinadotcom                      CHINA                 Tech Services --------------------------------------------------------------------------------------------------------------------- Huaneng Pwr.  Intl.             HNP                     Electricity Generator Jilin Chemical Indus.          JCC                     Chemicals Nam Tai Electronics           NTE                    Electr. Contract Mfg. NetEase.com                      NTES                  Internet Content --------------------------------------------------------------------------------------------------------------------- Petro China                          PTR                    Oil & Gas Qiao Xing Universal             XING                   Telecom Gear Sina                                       SINA                     Web portal - messaging Sinopec Bejjing Yanhua      BYH                    Plastics --------------------------------------------------------------------------------------------------------------------- Sinopec Shnghai Petro       SHI                      Chemicals Sohu.com                             SOHU                 Web portal - messaging Yanzhou Coal Mining           YZC                     Coal Mining
China Links & Notes:
FXI (exchange traded fund) Composition China Economy The death of China's rivers
8/20/08 Japan's exports rebounded in July as China replaced the U.S. as the nation's largest customer. Shanghai equities made their biggest daily gain in four months as optimism rose the Chinese authorities would implement a stimulus plan. 8/15/08 YoY China's vehicle sales rose 6.8% in July Hong Kong’s port handled 2.19 million TEU in July, an increase of 4.7%. 8/14/08 YoY China's industrial production rose 14.7% in July 8/5/08 Between January and May, China exported 3.39 billion pairs of shoes, down 3.6% YoY. 7/14/08 China's foreign-exchange reserves rose 35.7% YoY, to a record $1.81 trillion 7/3/08 China Customs data show that during the first five months of this year, China's foreign trade value rose 26.2% over the same period last year to US$1.01 trillion. India was the fastest growing among its trading partners. Trade with India rose 70.3% to $24.2 billion, making it Chinas eighth largest trading partner. 6/19/08 A high-ranking member of the feed industry in China warned overnight that it could face an annual corn-deficit of 400 million bushels by 2010, requiring increased imports. Rapidly increased demand for meat in the Chinese diet is fueling the rise in demand for feed grains and protein, suggesting imports of U.S. corn. Some trade sources have suggested that China may need to begin importing U.S. corn as early as this next year... (Arlan Suderman Farm Futures) 6/19/08 China announced they are increasing their subsidized gasoline prices 16% and diesel prices 40%. 4/23/08 Port of Shanghai's March container throughput rose 17.9% to a new monthly record of 2.39 million TEU, Logistics Week reported. 4/22/08 Reuters reported that YoY oil demand in China jumped up 8%. 4/16/08 China's GDP rose 10.6% YoY 2/14/08 Grain and oilseed prices rose on fresh signs of demand and shrinking supply. Almost half of China’s autumn and winter rapeseed crop was negatively affected by the recent rain and snow storms, the China National Grain & Oils Information Center said. 2/4/08 China is building an enormous logistics facility covering nearly 70 hectares for the newly-launched Sino-Germany Container Railway. It is predicted that the volume of Germany-bound boxes on this railway will reach 20,000 to 26,000 TEU by 2010 while Beijing-bound boxes will be about 10,000 TEU. 1/24/08 China’s GDP rose 11.4% in 2007. 1/22/08 China recorded double-digit growth in trade with all its major trading partners including the EU, US, Japan, ASEAN and South Korea in 2007, Xinhua reported. 1/17/08 (Interfax) according to China customs, China imported 30.8 million tons of soybeans in 2007, up 9% YoY. 1/15/08 China's forex reserve reached 1.53 trillion $ by the end of 2007, up 43.3 percent from 2006. Chinese Minister of Communications Li Shenglin said container throughput of mainland's ports rose 20.4% YoY to 112.7 million TEU. 12/19/07 Shangyu port is planning new terminals with total annual capacity of 10 million tons. Capacity of the new port will be 40 times larger than the present Shangyu facility, which can accommodate 3,000-tonne vessels and handle 245,000 tons of cargo a year, Xinhua reported. 12/13/07 China’s November industrial production rose 17.3% vs. 18.0% expected. 12/12/07 China November Retail Sales rose 18.8% YoY (18.0% expected) 12/11/07 China's November PPI rose 4.6% YoY vs. 3.5% expected. China raised bank reserve requirement ratio by 1 %, the largest such move since 2003 12/3/07 Gold demand in China, including the mainland, Hong Kong and Taiwan, rose 24 percent in the third quarter to 88.1 tons, the World Gold Council said. 11/27/07 China's National Grain and Oil Trade Center sees a 2007 grain and oilseed supply shortfall of 26 million tons. 10/28/07 China Passes U.S. in Top 10 List as China Life Surges ``European countries were also surprised at the beginning of the 20th century when American companies overtook European companies,'' he said. ``The world better get used to it.'' 10/25/07 China’s GDP rose 11.5% QoQ. 10/13/07 Banks must keep 13 % of deposits as reserves from Oct. 25, up from 12.5 percent, the People's Bank of China said today. 10/12/07 China's foreign exchange reserves, the world's largest, rose to $1.434 trillion in Q3. 9/20/07 China plans to restrict fuel made from agricultural products and cut import tariffs to reduce food inflation. Corn demand is expected up 14.5% by 2010, while output is expected to rise 3.5%. China's overall inflation rate in August was a 10-year high of 6.5%. China's food-price inflation however was 18.2%, 34.6% for vegetable oils and 495 percent for meat. 9/6/07 China increased reserve requirements for banks from 12.0% to 12.5% -- the seventh increase this year. 8/26/07 In China, the era when overseas executives could rely on translators is ending. The Chinese government now requires top executives at securities firms to pass written and oral exams in Mandarin, the national tongue, and Chinese managers expect meetings to be conducted in their own language. 8/10/07 The idea that Beijing might use its $1.33 trillion currency reserves as a bargaining chip in trade talks with Washington is (also) unsettling markets. 7/30/07 The Chinese government increased bank reserve requirements - again. 7/19/07 China is canceling its aluminum import taxes, impose export taxes instead. 7/18/07 China's gross domestic product expanded 11.9 % YoY -- the fastest pace in 12 years. 6/26/07 Shares of COSCO, Asia's largest container line, as much as doubled Tuesday on their Shanghai trading debut. 5/23/07 Reuters - Former U.S. Federal Reserve Chairman Alan Greenspan said on Wednesday he feared a "dramatic contraction" in Chinese stocks. 5/22/07 The handling capacity of China's ports is expected to hit 8 billion tons and 170 million TEUs (twenty-foot container equivalent units) in 2010. The cargo handling capacity of all China's ports totaled 5.6 billion tons and 93 million TEUs in 2006. 5/18/07 China raised its one-year lending rate from 6.39% to 6.57%. China will widen the floating band of yuan against U.S. dollar for daily spot trading on the interbank market from 0.3 percent to 0.5 percent on May 21. 4/3/07 Copper rose to the highest in five months on speculation that mine output may lag behind demand, especially from China. 3/17/07 YoY China's retail sales in the first two months rose a strong 14.7 %. 3/13/07 YoY China's consumer prices were up 2.7% in February. 3/5/07 China will boost its 2007 defense budget by 17.8 % the most in five years. 1/12/07 Chinese GDP rose to 10.5% from 10.4% QoQ. 12/26/06 China's GDP may expand at 10.5% in 2007, according to the National Bureau of Statistics. 12/26/06 China's central bank expects the economy to grow 9.8% in 2007, down from 10.5% this year. 12/13/06 China's economy may have modest downslide after 2006, with its GDP growth to slow from the current 10.4 percent to 9.6 percent in 2007 and 8.7 percent in 2008, a World Bank said. Executives predict 'talent war' as companies compete for scarce Chinese-speaking graduates 12/12/06 Chinas November retail sales YoY rose 14.1% to 682.2 bln Yuan. 12/11/06 China posted a trade surplus of 22.92 bln $ in November, down slightly from 23.83 bln in October, customs data showed. The trade surplus in the first 11 months was 156.52 bln $, up from 91 bln YoY. China's consumer price index rose 1.3 pct YoY, the National Bureau of Statistics said. 11/3/06 China's central bank raised the required bank reserve ratio to 9.0% from 8.5%. 10/26/06 Yuan central parity rate set at new high of 7.8940 to dollars versus 7.9007 10/25/06 Former Chinese central bank adviser Yu Yongding said that China should allow the yuan to appreciate faster and that China should abandon its export promotion policy. 10/18/06 The Euro zone trade deficit with China rose to a record 47.6 bln Euros ($59.7 bln) in the year through July, up 24% YoY. 10/13/06 China’s current reserves surged to a record $988 billion at the end of September, up 28.5% YoY. 9/15/06 China announced a cut in its export tax rebates reducing advantages it provides to Chinese exporters in order to curb its trade surplus which hit a record high of $18.8 billion in August. The export rebates were cut on steel, coal, natural gas and textiles. 8/22/06 S&P raised its 2006 GDP forecast for China to +10.5% from +10.0%. 8/18/06 The Chinese central bank today raised its 1-year benchmark rate by 27 bp to 6.12% from 5.85%. 8/16/06 Chinese fixed-asset investment, real estate, factories and utilities, eased to 30.5% YoY in the first seven months of 2006, down from 31.3% in the first half of 2006. 7/31/06 The Chinese Yuan extended its move to post a new 12-1/2 year high at 7.9650 Yuan / dollar. 7/31/06 Dow Jones Newswires estimated that China will import one million tons and India will import four million tons of wheat in 2006-2007. 7/21/06 China today raised required reserve ratio on banks (up 0.5 point to 8.5%) for the second time in 2 months in an attempt to slow bank lending and the economy. That action followed the +11.3% Chinese Q2 GDP report. 7/18/06 Chinese annual growth surged to 11.3 percent in the second quarter, bounding ahead at the fastest pace since the mid1990s on the back of strong investment and exports, the government said on Tuesday. 7/3/06 China has squeaked by Britain by the tiniest of margins to become the world's fourth-largest economy, according to the World Bank's latest calculations. 6/19/06 The Chairman of China’s Cereals and Oils Association says China’s growing industrial use of Corn will force the country to import 10 mmt. of Corn by 2010. 6/16/06 China's central bank is raising the reserve requirements by one-half of a percent slow the economy. 6/12/06 China's retail sales rose 14.2 percent in May as higher incomes spurred consumer spending in the world's fastest-growing major economy. 5/6/06 Bankrupt Logic About China's Debts ..the massive problems facing Chinese banks, whose nonperforming loans total an estimated $700 billion, drew some strong responses. Before getting into one in particular, let me explain the issue in a nutshell. China isn't acting quickly enough to clean up the bad debts that have made its biggest banks technically insolvent. 5/15/06 China's retail sales in April grew 13.6 percent from a year earlier. China's banks continued to add new loans rapidly in April, with total yuan loans growing 15.5 percent YoY. 4/27/06 China raised its key interest rate from 5.58% to 5.85%. 4/20/06 China Leads The World In Executions, Followed By Iran, Saudi Arabia And U.S. 4/17/06 The Chinese government said that GDP was up an annual rate of 10.2% in the first quarter of 2006, stronger than expected. 3/15/06 YoY China's industrial production was up 16% in the first two months of 2006. 3/1/06 The Chinese economy grew 9.9% in 2005, up from 9.5% in 2004. 2/27/06 China should reduce the dollar share of its foreign exchange reserves because of the risks posed by the instability of the U.S. currency, influential economics professor Xiao Zhuoji said in an interview published on Monday. 1/25/06 China's GDP was up 9.9% in 2005 to $2.3 trillion. That puts China in the number five position,just behind Britain, Germany, Japan and the United States. . 1/25/06 The Chinese National Bureau of Statistics said that: 2005 Cotton Output was 5.7 Mln MT, down 9.8% YoY. Total grain output in 2005 rose 3.1% to 484 million tons. Meat production for the year rose 6.3%. 2005’s Oilseed and sugar output were unchanged from 2004. Ag Minister Du Qinlin said that, although grain output has risen in the past two years, production has still failed to meet demand. He says it will be increasingly difficult to boost output due to China's growing population, water shortages, and a decrease in the size of farm lands. Du said that China will likely face a shortage of grains next year, as demand is expected to exceed output by 15 million tons, demand for grains are expected to reach 495 million tons in 2006. China also said that they imported 1.39 million tons of sugar, up 14% from a year ago. 1/17/06 China's tax chief said on Tuesday the economy had grown by 9.8 percent in 2005, but comments by a senior commerce ministry official and analysts suggested the pace of expansion could slow this year, if only slightly. 1/10/06 Shanghai now the world's largest cargo port. It only took Shanghai port five years to double cargo handling capacity from 200 million tons to 400 million tons. 12/20/05 The Chinese government discovered $280 billion of national income to add to its 2004 GDP figures. The 2004 growth rate is now 16.5%, higher than previously reported. 11/18/05 There are rumors the Chinese government may decline to own up to the 200,000 ton copper short position that their absconded trader left it with. 11/15/05 YoY China's industrial output increased 16.1 percent in October to 632 billion yuan (78 billion dollars). 11/10/05 China is speeding up plans to allow local institutions to invest overseas, a move that could begin to release a portion of the billions of dollars of foreign currency now sitting in low-return Chinese bank deposits. 11/08/05 The U.S. and China agreed to trade limits on a range of clothing items for three years. 10/30/05 Satellite data reveals Beijing as air pollution capital of world 10/6/05 China is poised to unveil a new roadmap for the world's seventh-biggest economy that scraps a long-standing policy of faster growth in favor of improving social services and curbing widespread environmental devastation. 09/29/05 U.S. Manufacturers want to see China's Yuan currency "appreciate significantly," the largest U.S. manufacturing group said on Thursday in its latest salvo over what it sees as Beijing's unfair trade practices. 09/26/05 China's central bank predicted  that GDP will be up 9.2% this year. 09/23/05 China's central bank surprised the markets this morning by saying that they would increase the Yuan's daily allowable range from 1.5% to 3.0% for the non-dollar currencies. 09/20/05 Chile and China could sign a free trade agreement as early as November, linking the world's biggest producer and consumer of copper, Chilean President Ricardo Lagos told Reuters on Tuesday. 09/14/05 YoY China's industrial production was up 16%. 09/13/05 YoY Retail sales in China were up 12.5% in August. 09/12/05 The International Monetary Fund urged Beijing to introduce more flexibility for its yuan currency to help protect the Chinese economy and help correct global trade imbalances. Deutsche Bank said China is about five times as energy-intensive as the U.S. which means its takes five times as much energy to produce a dollar of GDP. 08/24/05 China expects to push steadily forward with reforms of the Yuan to guarantee the country's economic and financial stability, a top government economist said on Wednesday. 08/10/05 China announced the main parts of its new currency basket are the U.S. dollar, the Euro, the yen, and the Korean won. 08/04/05 China expects consumer inflation to run at under 2.5 percent this year, state media reported Thursday, citing a government policy making body. 07/27/05 A Cabinet-level official of the Chinese government said that China would "gradually" open its markets and import more than $1 trillion worth of goods from the United States over the next five years. 07/22/05 China's currency rose about 2 percent against the U.S. dollar at the start of trading on Friday, a day after the government cut the yuan's link to the dollar in a move that could make Chinese exports more expensive and foreign assets cheaper for China to buy. 07/13/05 The International Energy Agency said that China's oil consumption will grow 7% next year to 7.3 million barrels per day. 06/13/05 The European Union struck a deal with China that limits China's exports of ten product categories through 2008. The deal may have relieved some of the concerns about an escalating trade war with China 06/13/05 China will not bow to international pressure to reform its tightly controlled currency regime any time soon and will base its policy on primarily on domestic considerations, Chinese officials and business leaders said on Monday. 05/25/05 China can and should move quickly toward a more flexible currency to help rebalance world trade, Federal Reserve Governor Ben Bernanke said. And a Chinese trade official on Wednesday commented that a move to allow the country's currency to trade more flexibly would eventually involve attaching the yuan to a basket of currencies 05/24/05 The volume of cargo passing through China's ports every year is expected to rise by more than 50 percent in the next five years. 05/23/05 Chinese government statistics released Monday showed the combined profits of China's industrial firms rose 15.6% on year in the first four months of 2005, down 30.1 percentage points from growth in the same period last year. 05/23/05 China's gross domestic product expanded 9.4 percent in the first quarter of 2005 from a year earlier, revised down from an initial estimate of 9.5 percent. 05/18/05 China rejected U.S. pressure for quick action toward revaluing its currency and criticized U.S. and European curbs on surging textile imports as unfair. 05/11/05 The International Energy Agency said that China's demand for oil increased 4.5% in the first quarter from a year ago. 04/21/05 China's president on Thursday urged Asian and African leaders to pursue free trade agreements and open their markets to each other to overcome economic woes plaguing countries on the two continents. 04/21/05 China imported 2.7 million barrels of oil per day in March, up 23% from a year ago 04/20/05 China's economy expanded 9.5 percent, faster-than-expected, putting fresh pressure on Beijing to rein in growth. 04/11/05 China's trade surplus rose to $5.73 billion in March up from $4.6 billion in February. YoY exports rose 32.8 percent in March , while imports grew 18.6 percent. 03/16/05 China's slowdown continues to challenge normal definitions. Fixed asset investment surged 24.5 per cent in the first two months of the year - 8.5 percentage points higher than Beijing's 2005 target - while industrial production hit a nine month high. But Washington's hopes that Beijing will curb growth through currency appreciation, thereby reducing the US trade deficit, look more misplaced than ever. 03/10/05 China import growth falls amid cooling measures China's annual import growth slowed to 8.3 percent in the first two months of 2005. 03/09/05 There is renewed talk that the People's Bank of China has been considering pegging their currency to a wider basket of currencies - not just the dollar. 03/07/05 China Stock Market Misses Out on Boom  Millions of Chinese have learned hard lessons about the risks of playing the market. China's national stock index sank 15% last year, making it the worst performer of the world's major markets. The index is down more than 40% from its peak in 2001. 03/04/05 Chinese chase Canadian oil  CHINA’S state oil companies are creating a political furore in the Canadian province of Alberta as they seek to buy their way into the Athabasca oil sands, the world’s largest petroleum resource. The prospect of Chinese oil companies diverting the bitumen reserves to refineries in the People’s Republic is creating anxiety in Washington and concern in the Alberta government. The high price of crude oil has stimulated billions of dollars of new investment in Alberta’s tar sands which contain more than 1 trillion barrels of oil. 02/17/05 The Canadian Press reported that "China has surpassed the United States in consumption of every basic food, energy and industrial commodity except oil." 02/10/05 Chinese and Indian economies to overtake Japan by 2020 China and India will be the world's second and third largest economies by 2020, pushing Japan into fourth place, according to research by Deutsche Bank. The United States will remain the biggest economy. However, India and Malaysia will overtake China to become the world's fastest-growing economies over the next 15 years due mainly to strong population growth. 02/04/05 In 2004, China entered a new era in its approach to agricultural policy, as it began to subsidize rather than tax agriculture. China introduced direct subsidies to farmers, began to phase out its centuries-old agricultural tax, subsidized seed and machinery purchases, and increased spending on rural infrastructure. The new policies reflect China's new view of agriculture as a sector needing a helping hand. The subsidies are targeted at grain producers, but they do not provide strong incentives to increase grain production. USDA 01/29/05  China told the world on Saturday it will not rush to reform its pegged exchange rate regime, dashing hopes for a breakthrough on currency issues at next week's Group of Seven finance ministers' meeting. 01/26/05 Liang Hong, an economist with Goldman Sachs in Hong Kong, said that the government had expanded the capacity of many ports by 30 percent to 60 percent within months, a task that would take years in practically any other country. China also increased electrical output 14 percent last year alone. 01/26/05 A Chinese official said that they would be willing to discuss the value of China's yuan at the upcoming G-7 meeting. 01/25/05 China's GDP increased 9.5% in 2004, more than expected and the biggest gain in eight years. 2003 GDP was up 9.1%. 01/11/05 YoY China's December exports were up 33% while imports were up 25%. 01/04/05 China Cuts Money Supply Goal to 15% to Curb Inflation   12/30/04 China tries to bring its roaring economy to a sustainable level 12/29/04 The State Development and Reform Commission forecasts in a report on December 29 that China's GDP growth will drop back to 8.5 percent next year following a 9.1 percent expansion this year due to a slow-down expected for both investment and exports. The report sets the investment increase at around 18 percent, retailing sales of consumer products at about 9.5 percent , exports at 15 percent, CPI at 3 percent and industries above the scale at 16 percent. 12/21/04 China said that it consumed 2.7 million barrels of oil per day in November, up 46% from last year. 12/20/04 China Unveils New Rules for Religions. Control Still Seen as a Hallmark of Government Policy. 12/14/04 China continues to pull on global commodities with demand for US soybeans rising in 2004/05 by nearly 50 per cent on the previous year. 12/13/04 China released figures suggesting the economy is not decelerating as much as feared, easing concerns the government might have stepped too hard on the brakes. 12/13/04 YoY retail sales in China were up 13.9% in November , the second biggest jump ever. 12/09/04 Industrial production in China was up 14.8% from a year ago in November, the smallest gain in over a year. 12/08/04 China will move gradually to a flexible exchange rate regime but will take into account the need to maintain the stability of its economy and those of its neighbours, Premier Wen Jiabao said. 11/15/04 Retail sales in China were up 14% in October YoY. 11/12/04 Brazil has recognized China as a market economy, President Hu Jintao declared here, claiming the prized status his delegation had been clamoring for since their arrival in Brasilia a few days ago. 11/12/04 The National Bureau of Statistics (NBS) said Friday that the October consumer price index (CPI) was up 4.3 percent compared with a year earlier after an increase of 5.2 percent in September and 5.3 percent in both August and July. 11/10/04 China's industrial production was up 15.7% in October year over year. 11/10/04 Stringent new fuel-economy standards in China will force  automakers to upgrade their vehicles as Beijing moves to regulate gas consumption and curb its growing dependence on oil. The regulatory tightening is set for two phases -- one in 2005 and the other in 2008. When completed it will make China's fuel-consumption standards overall more strict than the United States', the World Resources Institute said in a report. 11/09/04 China's economy will grow 9.2 percent this year, the World Bank (WB) forecast Tuesday as a top Chinese leader trumpeted government attempts to cool growth as "exceeding expectations". 11/01/04 Rising energy and raw material prices are pressuring inflation and will push up the consumer price index next year, state press Monday cited the country's top statistician as warning. 10/28/04 China's central bank raised its benchmark one-year lending rate by more than a quarter of a percentage point – the first rate increase in more than nine years. 10/22/04 China's GDP increased 9.1% in the third quarter year over year, down from a 9.6% increase in the second quarter. 10/20/04 IMF warns China not to delay flexible currency policy. The Chinese yuan, which is fixed to the US dollar, is currently considered grossly undervalued. 10/17/04 China's car sales rose 13.94 percent in September from August to 194,100 units, the China Daily said on Monday, citing official data which signals further signs of life after months of weak growth caused by credit curbs. 10/16/04 Chinese companies are increasingly being squeezed between rising raw materials prices and the inflexibility of big retail customers 10/13/04 A new fund, called the iShares FTSE/Xinhua China 25 Index Fund, began trading  on the New York Stock Exchange under the ticker symbol FXI.  The fund tracks the FTSE/Xinhua China 25 index, comprising 25 of the largest companies in China.   09/29/04 China said that they will burn a cargo load of soybeans from Argentina that tested positive for fungicide. 09/28/04 Crisis looms due to weak dollar 09/21/04 China imported 70 million barrels of crude oil in August, up 37% from a year ago. 09/09/04 China's exports rose nearly 38 percent in August from a year earlier, higher-than-expected growth that helped the country's fourth-straight monthly trade surplus swell to $3.9 billion. 09/09/04 China August industry output grows 15.9 pct 09/07/04 China to open up gold trade 08/30/04 China needs to invest $120 bn in power generation 08/30/04 China's cotton textile industry grew 15% in the first half of 2004 from a year ago. 08/23/04 Chinas total imports of farm produce in the first half of the year rose 62.5 per cent to $14.35bn. (Financial Times) 06/23/04 CNBC estimates that 4.5% of Chinese use the Internet. 06/17/04 China, an unquenchable thirst 05/24/04 China plans to build as much new electricity-generating capacity in each of the next two years as the UK has today. (FT) 04/29/04 In an effort to slow the economy, China's government reportedly ordered banks not to increase lending. 03/25/04 "I believe the country must grow rapidly to absorbed the huge number of new entrants into the labor force every year and to meet the needs of the large number of people who are leaving the rural areas and moving to urban centers. To accommodate the roughly 20 million people per year migrating to the cities, the Chinese in effect, have to build a Houston, Texas, per month". Dr. Edward Yardeni Prudential Equity Group. 03/10/04 Intel Says It Isn't Complying With China's Wireless Standard, Setting Stage for Showdown "Eventually, Chinese companies will take up your market share," he said. "We have chip makers too, so we don't have to depend on your products to survive." As much as 50% of Chinese bank loans are nonperforming, Mr. Greenspan said in a letter to Senate Banking Committee Chairman Richard Shelby. 02/24/04 The new China Syndrome: Commodity price boom sets alarm bells ringing 02/18/04 The other China syndrome 01/16/03 Yum! Restaurants Intl Opens 1000th KFC In China; KFC Is China's Largest and Most Popular Quick-Service Restaurant 11/06/03 The country's total grain demand averages between 480 million and 490 million tonnes annually and will grow to approximately 640 million tonnes in 2030 when the population hits 1.6 billion people from the present of 1.3 billion. The Age