(Reuters) - SHANGHAI, June 20 - China's newly adopted
molybdenum export quotas may cut exports of the minor metal by
as much as 30 percent, aiming to keep more of the country's
mineral resources in Chinese hands, trade sources said on
Wednesday.
The policy change would also help Beijing to reduce the
country's trade surplus, which climbed more than 80 percent in
the first five months of 2007 from the same period a year
earlier.
Read more at Reuters.com Government Filings News
molybdenum export quotas may cut exports of the minor metal by
as much as 30 percent, aiming to keep more of the country's
mineral resources in Chinese hands, trade sources said on
Wednesday.
The policy change would also help Beijing to reduce the
country's trade surplus, which climbed more than 80 percent in
the first five months of 2007 from the same period a year
earlier.
Read more at Reuters.com Government Filings News
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