Wednesday, 24 June 2009

China says it will meet WTO rules for export limits

Author: Proactive Investors China

Non-ferrous metal shares also rose after China said its raw-material export limits would meet WTO rules. It cames as a response to the US and EU announcement yesterday that they will take CHina to the WTO over the issue.

Xiamen Tungsten Co. (SH:600549), the world’s largest tungsten processor, advanced 5.34 percent. Hunan Nonferrous Metal Co.(HK:2626), which has the world's largest tungsten deposit, added 5.88 percent. Inner Mongolia Baotou Steel Rare-Earth Hi-Tech Co. (SH:600111) added 5.10 percent. China Rare Earth Holdings (HK:0769) climbed 1.49 percent. Chenzhou Mining Group Co.(SZ:002155), world's second-largest antimony producer, climbed 4.28 percent.


http://www.proactiveinvestors.com.hk

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