Cuba and China to sign deals to boost nickel production on the island

[Mika]

Cuba and China to sign deals to boost nickel production on the island
http://www.channelnewsasia.com/stories/afp_asiapacific_business/view/117704/1/.html

HAVANA : Agreements signed during next week's visit by Chinese President Hu Jintao should allow Cuba to double production of nickel from its current level of 75,000 tonnes a year, according to Cuban President Fidel Castro.

"These are big, big investments," Castro said in a four-hour televised address late Tuesday.


He said the Chinese investments would eventually mean that "nickel production, which is now of 75,000 to 76,000 tonnes (annually) -- will double."

He stressed that Cuba would retain 51 percent ownership of companies created with Chinese capital.

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Global Trend:

In --> Cuba

Out --> USA

[BJ]

1. Let's see, today new Chinese investments in Cuban nickel

and The Seattle Times reports:"...after a Chinese company's deal to develop an oil field in Iran, Beijing tacitly offered political support for Tehran's budding nuclear program."

And Wal-Mart imports nearly all the shoddy goods it sells from China.

Can you spell...n-e-x-t s-u-p-e-r-p-o-w-e-r.

[Ima]

2. China is making friends all over.

They will be cutting down some of the rain forest, to produce food for China also.

[el_gato]

7. This part is very interesting part about the Caspian sea basin

"For China, more promising are its efforts closer to home. In September, crews began constructing a 770-mile pipeline running from the oil-abundant Caspian Sea coast in Kazakstan to China's western border, connecting with another trunk line all the way to China's east coast. The pipeline's initial capacity would be about 10 million tons of crude a year, said Matthew Cairns of Economy.com in Sydney, Australia."

http://seattletimes.nwsource.com/html/nationworld/2002094047_chinaoil18.html

Given the fact that Zbig, James Baker, Scowcroft, and the gang
sit on the Azerbaijan/US COC in, what I would assume is an attempt
to get at that caspian sea reserves, it looks like China is beating
them to it.

Very interesting indeed.

[Carl Brennan]

11. Now you are on to something.

Sound like smart economic moves by China and Cuba. Should make a hard core capitalist envious--don't have to destroy the country to get its resources......hmmmmmmmmmmmmmm.

[murray hill farm]

3. Thanks, Mika

for all the news on Cuba. I really appreciate it that u keep us informed...thanks!

[Mika]

5. It would be nice if there was a Cuba forum in the State and Country area

But Skinner gave a thoughtful response as to why there isn't a need for one.

:shrug:

[DemBones DemBones]

4. We have diplomatic relations with China and the former Soviet

states, but not with Cuba. Will the U.S. finally stop ostracizing Cuba when Castro dies?

I'm so old I remember when the Russians were our worst enemies, we were fighting a war against the "red" Chinese and the communist North Koreans, and Castro was a freedom fighter who overthrew the evil dictator Batista.

[Mika]

6. Looks like Chinese made Wal Mart products will contain Cuban nickel

Ain't that a hoot.
;)

[Tempest]

8. Bush truly is a uniter

He's uniting the world with China.

[Vogon_Glory]

9. And We Shall Wave Back...

I'm trying to remember something that Shah Reza Pahlavi said about military and/or economic muscle. Pahlavi said something to the effect that if anyone should wave a finger at us, we shall wave back. Whatever we may think of the Shah's tyrannical regime, the quote seems highly apropos.

I doubt that either the Runnin' Dubya Posse, the former Cuban kleptocracy, or their Freeper fan club have realized that the Chinese have acquired considerable economic muscle since the mid-1970's and are now starting to flex it, while the Boosh regime has piddled away a lot of the diplomatic prestige and clout that it inherited from Big Bill.

Now they're finding out.

I'm not surprised to see the Chinese active in Cuba. The Cuban sugar ministry was buying spare parts for its plantation steam locomotive fleet from the Chinese back when it was using steam locomotives to bring in the sugar harvest.

[Lilli]

10. China has been a busy little country lately

Wonder whats next...