CONFUSION has descended on Clive Palmer's claim to have signed Australia's
biggest-ever export deal, after the Chinese company said to be buying $60
billion worth of coal denied having any such agreement with the mining magnate.
The rejection, alongside Chinese media reports playing down
Miner correction . . . the thoughts of chairman Palmer. Illustration: John
Shakespeare The chairwoman of China Power International Development, Li Xiaolin
, is someone who likes to either compartmentalise her life or someone with a
memory problem. On Saturday, the daughter of
CONFUSION surrounds mining magnate Clive Palmer's claim to have signed
Australia's biggest export deal after the Chinese company said to be buying $60
billion worth of coal denied having an agreement with him. The denial, and
Chinese media reports playing down the strength of the contract,
Talking Points • Japanese Yen: Down Across the Board
• Pound: Trade Deficit Widens as Imports Jump
• Euro: President Trichet Heads to EU Summit Ahead of
Schedule • US Dollar: Wholesale Inventories, IBD/TIPP
Economic Optimism on Tap British Pound Gives
It remains unclear whether or not a Queensland coal company has actually signed
Australia's largest export deal with China. Last weekend billionaire
businessman Clive Palmer and Queensland Premier Anna Bligh announced a $70
billion deal with China. But on Tuesday the Chinese
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By Bloomberg News Investor appetite for emerging-market assets picked up after
a European Central Bank spokeswoman said President Jean- Claude Trichet will
leave a meeting early in Sydney to attend a meeting of euro nation chiefs on
Feb. 11. The MSCI Asia-Pacific Index reversed a loss
Queensland billionaire Clive Palmer has backed down from claims he signed a
$US60 billion ($A69.38 billion) export coal contract with a Chinese group ,
saying the price was only an estimate. At a media conference with Queensland
Premier Anna Bligh on Saturday, Professor Palmer had
AAP Queensland billionaire Clive Palmer has backed down from claims he signed a
$US60 billion ($A69.38 billion) export coal contract with a Chinese group,
saying the price was only an estimate. The chairman of Resourcehouse Ltd also
admitted on Tuesday he named the wrong Chinese
New bank lending totaled 1.38 trillion yuan ($201 billion) last month,
according to the median estimate of 16 economists in a Bloomberg News survey
ahead of a government report scheduled for this week. Separate figures are
projected to show consumer prices rose the most since 2008 and
Talking Points • Japanese Yen: Down Across the Board
• Pound: Trade Deficit Widens as Imports Jump
• Euro: President Trichet Heads to EU Summit Ahead of
Schedule • US Dollar: Wholesale Inventories, IBD/TIPP
Economic Optimism on Tap British Pound Gives
