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grawsha

02/03/11 2:13 AM

#46686 RE: grawsha #46685

We all remember in late 1990's what happened to Oil prices when China ramped up its Oil import.

grawsha

02/03/11 3:16 AM

#46689 RE: grawsha #46685

Precious metals traders in London and Hong Kong said on Wednesday they were stunned by the strength of Chinese buying in the past month. “The demand is unbelievable. The size of the orders is enormous,” said one senior banker, who estimated that China had imported about 200 tonnes in three months.