Reuters: Global Markets: Shares of Brazil's Vale rise over six percent on China measures

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Shares of Brazil's Vale rise over six percent on China measures Sep 10th 2012, 13:17 SAO PAULO | Mon Sep 10, 2012 9:17am EDT SAO PAULO (Reuters) - Shares of Brazilian miner Vale (VALE5.SA) rose over 6 pct in early trading on Monday after China gave the green light on Friday to 60 infrastructure projects worth more than $150 billion and data Monday showed Chinese imports of iron ore rose 7.9 percent in August. At 10:10 a.m. (0910 EDT), Vale shares were up 5.02 percent to 35.8 reais after having risen as high as 36.2 reais.

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