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Yan Ma has been negotiating with officials for some time and a program has been set in place to see Buzz Inc licensed and operating in the Foreign Exchange, Gold, Silver and Oil markets within 6 months. Within 12 months Buzz Inc will be licensed to trade on China Exchanges and in 18 months International Exchanges. The first offices are planned in Dalian and Shanghai followed by Hong Kong. Economists upgraded China's 2009 growth forecast to 7.5 percent from the 7.1 percent in February, and the latest data seems to support the improved expectations. China's manufacturing index shows expansion in both output and new orders. Higher domestic demand is helping to offset weak exports from the country. That demand from China has been driving up commodity prices worldwide. Oil has nearly doubled off its lows, and was fast approaching $70 a barrel before a big decline yesterday. Industrial metals such as copper and zinc have both rallied too. The market is anticipating growth, but so far the growth has been limited to mostly in China and some other key emerging markets. Buzz offices in China will not only offer trading and investment services, they will also assist Chinese companies wanting to acquire secure supply of raw materials especially commodities. CONTACT: Sutida Suwunnavid, Buzz Technologies, Inc Tel: 66 80 700 7900 123 Tel: 66 80 700 7900 129 WWW: http://www.buzz-inc.com WWW: http://www.livetradingnews.com ((M2 Communications disclaims all liability for information provided within M2 PressWIRE. Data supplied by named party/parties. Further information on M2 PressWIRE can be obtained at http://www.presswire.net on the world wide web. Inquiries to info@m2.com. For full details for BZTG click here.
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