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Strategies & Market Trends : HONG KONG
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To: Stitch who wrote (1464)3/21/1998 11:26:00 AM
From: semi_infinite   Read Replies (1) of 2951
 
That posting about future Chinese oil import requirements are correct. You can easily extrapolate these from per capita oil consumption figures for Taiwan and Hong Kong and projecting those to future Chinese economic growth . That is a reason why China is pushing alternative energy sources such as hydro and nuclear. Future oil prices will rise despite this recent drop off and the oil service sector is very interesting right now. Companies such as BHI, SLB, TBI, DO, GLM, PDE, VRC etc...
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