June 12, 2008 page C1,C2 NYT. Commodity prices continue surge, showing no letup. The higher commodity prices are likely to add to a world-wide inflationary picture tht seems to worsen by the day. Price of many grocery items in the USA have been rising briskly with eggs and milk up to 30% in the past year.
WSJ, June 12, 2008
Page C4: China's State Administration of Foreign Exchange has agreed to invest $2.5 billion with TPG Fund, a private equity company. Mews of the investment was reported in the Financial Times.
Francis Shieh a.k.a. Xie Shihao. Be cagey about such fund. June 12,2008
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