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Strategies & Market Trends : True face of China -- A Modern Kaleidoscope -- Ignore unavailable to you. Want to Upgrade?


To: RealMuLan who wrote (258)9/21/2006 3:23:32 PM
From: RealMuLan  Read Replies (1) | Respond to of 12464
 
[I have not read this article, I think they must have a lot of fanfire and wrong assumption. Nonetheless from ordinary Chinese POV, Hu's cleansing of Shanghai leadership is very very popular!]--"China: Leveraging the Shanghai Pension Scandal"
September 20, 2006 22 26 GMT

Summary

Chinese President Hu Jintao might be able to use the Shanghai pension scandal to begin a wave of change in China's largest city. Shanghai is a bastion of Jiangist power, and its network of officials represents one of the largest obstacles to Hu's policies. If he replaces the Shanghai officials with his own followers, it will send shivers throughout the Shanghai economy and signal to other provinces the price of noncomplianc

stratfor.com



To: RealMuLan who wrote (258)9/21/2006 8:35:08 PM
From: RealMuLan  Read Replies (1) | Respond to of 12464
 
India faces China, SKorea in race for Myanmar gas

Press Trust of India

New Delhi, September 21, 2006
hindustantimes.com


India is pitted against China, South Korea and Thailand in the race to secure the huge gas found in offshore Myanmar.

While India, China and Thailand have proposed to lay pipelines to their respective countries for transporting gas from the Shwe gasfield in Bay of Bengal, South Korea has proposed to liquefy it and transport it in the form of liquefied natural gas (LNG), industry sources said.

New Delhi has proposed to lay a 1,400-km India-Myanmar pipeline, originating from Sittwe (Akyab) in Myanmar and entering into India through Mizoram and would pass through Aizawl, Dispur and Guwahati in Assam, Siliguri in West Bengal to join the Jagdishpur-Haldia pipeline at Gaya in Bihar.

China on the other hand proposes to lay a 2,380-km long pipeline originating from Kyaukphyu in Myanmar and terminating at Ruili in China's Yunan province after passing through Pagun Tuywintanuag and Mandalay.

Thailand has proposed to a 1,100-km pipeline.

Myanmar is looking at a buyer who would pay the maximum price for the gas found in block A-1 and in adjacent A-3 block. In both the blocks, India's ONGC Videsh Ltd and GAIL hold 30 per cent stake.

Sources said the Indian offer was better than the Chinese price offer, as the length of pipeline was shorter. For transporting gas to Indian border, a pipeline of just 250-km length is to be laid in Myanmar while to do the same, China would require a 1,000-km line and Thailand would require 1,100-km pipeline.

The total project, which also includes 37 km of offshore component for transporting the fuel from the gasfields in the Bay of Bengal, would require an investment of about $3 billion.

The pipeline would pass from Sitwe along Kaladan river in Myanmar to Mizoram capital Aizawl. It would then enter Assam from Silchar and cross Guwahati and Tinsukhia before meeting the Haldia pipeline at Gaya.

Commercial production from A-1 block, home to Shwe field, which alone has been assessed by Houston-based consulting firm Ryder Scott Co to contain 2.88 trillion cubic feet to 3.56 trillion cubic feet of gas, was expected to commence by 2009.