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China-Japan-Koreas |
China to handle oil inflation with price freeze & plastic bag regs |
2008-01-11 |
Posted by:Anguper Hupomosing9418 |
#2 A few months ago China un-froze its oil prices after spot shortages developed. Chinese refiners had been cutting back on refining rather than lose money on their sales. Now that the leaders have backtracked, look for the same problems to magically re-appear. The article implies that Chinese plastic bag production accounts for almost a week's worth of Chinese oil consumption per year. |
Posted by: Anguper Hupomosing9418 2008-01-11 17:01 |
#1 Summary |
Posted by: Icerigger 2008-01-11 08:20 |