Weekly Roundup: China Growth Dilemma, Spoiled Milk, Recyclables Are Piling Up, Filler Up

Friday, December 12, 2008 9:53
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With so much going on in China, and only a limited amount of bandwidth, I have created this weekly post to highlight articles that I feel are (1) important, (2) relevant, and (3) interesting.

This week there are 4 articles that I have chosen to highlight as each are quite interesting, they are all relevant, and there are issues within each that I think you the reader should be aware of.

If you have an article that you feel needs to be mentioned, please do so in the comments section.

China’s Growth Dilemma: Growing Old before Becoming Rich?

China court refuses to accept tainted milk lawsuit

With the headlines still fresh in many minds, it appears that the first round of lawsuits has been rejected by the courts. Having just spent the early part of this week at a john Hopkins workshop with foreign lawyers who specialize in setting up the legal structures for civil society, it made for a very interesting discussion, and what my take away was (and what I will tell you) is that there is progress being made overall and everyone was optimistic.

Back at junk value, recyclables are piling up
an excellent article at CNet on the current conditions found in the recycling market. Going further than earlier articles, I was shocked to hear that it has already gone to the point where cities are curbing their programs. If I had a couple acres out back, I would stockpile some containers cause once the machine kicks back on prices will go back up.

China starts filling Shandong strategic crude oil reserve

When the price of oil and energy started to fall off the cliff, I made the suggestion that now was a good time to bulk up, and if this report is correct it look as as if China has been taking full advantage of the current cost of oil:

Around 7.3 mln barrels of crude oil have been delivered to Huangdao facility, with more than half of the shipments from Saudi Arabia, the report said.

China, the world’s second largest consumer and importer of oil aims to build up a reserve of 12 mln tons by 2010,

But honestly, why stop there?  Just perhaps, given the cost savings of 100= USD a barrel now, the investment figures will suggest plans to hold 20-30 million barrels make sense. PErhaps it could be put into the infrastructure bucket for double bonus points.

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