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Author has a degree in Engineering and is an avid investor in the market. Experience in industrial materials and structures. In college studied atomic & nuclear physics as well as material engineering. Eastern European
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  • U.S. and China reach $45 billion in export deals 0 comments
    Jan 19, 2011 11:37 AM | about stocks: BA, CAT, HON, SPY, QQQ, TNA, SPXL, SPXS, MIDZ, VXX, VXZ
    China 2011 GDP growth seen at 9.3 pct, inflation builds
    Reuters India - 7 hours ago
    BEIJING (Reuters) - China's blistering economic growth is likely to moderate slightly this year from an estimated 10 percent in 2010

    U.S. and China reach $45 billion in export deals
    On Wednesday January 19, 2011, 10:42 am

    WASHINGTON (Reuters) - The United States and China reached agreement on export deals worth $45 billion, a senior U.S. official said on Wednesday.

    The agreements included a $19 billion deal with Boeing in which China will purchase 200 Boeing (NYSE:BA - News) aircraft.

    Also included were deals with Honeywell (NYSE:HON - News), Caterpillar (NYSE:CAT - News) and Westinghouse Electric, a unit of Toshiba Corp (Tokyo:6502.T - News).

    The U.S. official, who briefed reporters on condition of anonymity, said there was also progress on several key areas on trade, including intellectual property, indigenous innovation and government procurement.

    The deals were announced at the formal start of a four-day state visit to the United States by Chinese President Hu Jintao.

    (Writing by Caren Bohan; Editing by Frances Kerry)

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