Monday, January 3, 2011

China is trying to rise to U.S. concerns about the acquisition of Potash.

<P> "Chinese people will come?" This is not only Saskatchewan, Canada is an important issue, but also the United States to discuss an important issue. .</ P> <P> Canada Potash Corporation (PotashCorporation) based in Saskatchewan. .If you are concerned about the future of the world's food supply, you will be on on all things Saskatchewan interested. .</ P> <P> by the government-backed Chinese companies and financial institutions in a consortium to jointly bid for Potash, while rival BHP Billiton (BHPBilliton) 130 U.S. dollars per share (a total of 38.6 billion U.S. dollars) bring the price of Potash's .acquisition, the prospect of U.S. legislators, regulators and Wall Street bankers in Canada talk endlessly. .</ P> <P> political subtext behind this is: really want to control the Chinese people has the largest potash production company? .</ P> <P> than oil supply, food is more important. .Currently, Potash45% of the products are sold to North American farmers. .In a way, a greater concern is that China may shift demand for commodities. .</ P> <P> free-market faction believes that the deal would be subject to political constraints, but other parts of Saskatchewan and has not given a positive answer. .</ P> <P> Indeed, in the recent spread of the Chinese Rare Earth exports to Japan during the ban, political factors may be made to prevent the Chinese people grew increasingly worried about the deal. .Chinese Premier Wen Jiabao also denied this view, but he acknowledged that because of anti-Japanese sentiment, the developer may stop shipment of rare earth vessel. .</ P> <P> media reported that the Group may be obtained of China Investment Co., Ltd., won the support of the Fund. ."It seems fairly certain that if the success of the Group will receive this important commodity finance," Canadian Conference Board said that China is very interested in Potash. ."China's food safety concerns even more than industrial materials." </ P> <P> However, there is a saying that China will further offer the. .</ P> <P> "We believe that a Chinese state-owned entity of any bid would face regulatory scrutiny in Canada," wrote UBS analyst GlynLawcock investors in a report said. .</ P> <P> of Saskatchewan, the deal will be the highest price of the final closing, which expands the tax. .Of course, this will keep food prices high, which is disadvantageous for consumers around the world, including Canada and China. .</ P> <P> but may be increasingly concerned about Saskatchewan, the local tax revenue. .The Conference Board, said: "Saskatchewan should be concerned about, such as from state-owned enterprises of the bid in, especially considering that this is from one of the major importing countries (China) State-owned enterprises. State-owned enterprises such as the technology is not .such as BHP Billiton to face such constraints faced by commercial enterprises, so do not follow the laws of the market are more likely to support potash prices. Sinochem have a strong incentive to lead the world market price competition, which Saskatchewan producers and the global potash .manufacturers, will no doubt bring damage. China is a very small number of 2009 did not decline in demand and prices for potash production to reduce country. "</ P>.

No comments:

Post a Comment