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Strategies & Market Trends : China Warehouse- More Than Crockery

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To: RealMuLan who wrote (2928)3/21/2004 12:00:27 PM
From: Art Bechhoefer  Read Replies (1) of 6370
 
The agreement should help China reduce its dependence on coal, substituting a clean fuel for a very dirty one. That of course was not the purpose of the article you cited in the Washington Times, a very conservative newspaper. The purpose probably was to give U.S. officials more ammunition to use against China, helping the administration retain its control in the coming election.

I certainly hope the deal materializes, though it seems to me that a gas pipeline would be better than transporting liquified natural gas. Couldn't a gas pipeline follow the old silk road into China, or are there too many unfriendly neighbors along the way?

Art
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