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Microcap & Penny Stocks : Green Oasis Environmental, Inc. (GRNO)
GRNO 0.00Oct 31 5:00 PM EST

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To: Hawkmoon who wrote (9923)10/12/1998 1:09:00 AM
From: Norman H. Hostetler  Read Replies (1) of 13091
 
Ron, with regard to China playing "catch-up" technologically, I read an article last week about the Chinese government announcing more subsidies to promote high tech development, including more support for joint ventures with foreign high tech firms. The article referred to special development zones in a number of areas set aside for such ventures and other similar undertakings. I gathered that there are special benefits (not detailed) for foreign companies participating in these zones. Quing-dao (I've seen it spelled four different ways in different documents) was one of the places referred to as having such a zone. This province is a center for coal and steel processing and shipping, and they want to diversify away from their heavy reliance on basic industries. Heavy industry and transportation, including railroads, trucks, and shipping, likely means a lot of waste oil in this area.

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