While producing significant amounts of carbon dioxide, producing electricity using coal is so cheap economically that if it didn’t produce CO2 we wouldn’t be discussing using anything else. Given that India and China, with populations far greater than that of the US, are not going to stop burning coal, how does adding significant overhead to the cost of doing business by restricting coal sourced CO2 and intentionally putting US at a disadvantage make sense? Read More
Archive for the ‘ Global Sourcing ’ Category
In The Big Picture, Does Capping Coal Produced Carbon In The Us Make Sense?
Author: China Sourcing CommentatorDec 7
If Within 10-20 Years We Perfected Cars And Heating Systems That Required No Fossil Fuels, What Would Happen?
Author: China Sourcing CommentatorDec 6
Let’s remember that if such technologies were perfected, they would soon spread throughout the entire world. Even counties that seem to be behind the USA – like China and India – would soon convert to these technologies.
So, if within only a matter of years most cars and home heating systems worked with an energy source other than oil or fossil fuels, what would happen to the worlds economy?
What would happen to the Middle East?
Would the short term consequences of this be bad? Read More
Kuwait, China: Beijing Approves Five-billion-dollar Petrochemical Venture?
Author: China Sourcing CommentatorDec 6
(Monday Morning, Aug 10, 2006) The project, between China’s Sinopec and the Kuwait Petroleum Corporation, will become the biggest Sino-foreign joint venture in the petrochemical industry, according to the Shanghai Securities News.
The giant operation will be located near the city of Nansha in South China’s Guangdong Province, a part of China where long lines at the gas stations have come to symbolize the country’s insatiable thirst for oil.
“Guangdong Province is a major consumer of gas and diesel, and supply is simply not ample enough”, said Qiu Xiaofeng, a Shanghai-based oil analyst with Everbright Securities.
China, the world’s second-biggest oil consumer after the United States, used about 318 million tons of oil last year, of which 40 percent was imported, according to earlier reports.
source:http://www.zoomchina.com.cn/index.php?/content/view/11006/1/ Read More
How Can We Compete With China To Provide Human Resources To Other Countries In The World To Meet Their Demand?
Author: China Sourcing CommentatorDec 5
By 2020 it is expected there will be huge human resource demand in many parts of the globe to perform basic skill work like driving, plumbing, electrical work and construction related work. Only China and India can meet the demand through out sources. For what we should do in our skill training? Read More
Walmart And China ?
Author: China Sourcing CommentatorDec 5
Walmart pays a few louzy dollars to employee china people and then sells products made in china. I am no longer shopping at walmart. Whats your thoughts on the lead problems ? If walmart wishes to stay reputable here the states they better find a better source . Read More
Will The Us Renew Their Efforts In The “exploitation” Of Africa Or Will China Get There First?
Author: China Sourcing CommentatorDec 5
http://news.aol.com/story/_a/bush-calls-…
As China moves in , will the US move in after them in an effort to cut them off and use Africa as the new source of cheap labor?
Could this help or hurt Africa? Read More
I Wish To Buy About 10k Of Ballpoint Pen But Where Can I Source For It?
Author: China Sourcing CommentatorDec 4
I am currently looking for cheap pens from China with my company logo engrave on it . Where can I source for it? Need it urgently. Pls help. Thks Read More
China To Hike Gasoline, Diesel By 10-11 Pct On May 24?
Author: China Sourcing CommentatorDec 4
(Reuters, May 23 ,2006)BEIJING – China will raise retail gasoline and diesel prices from Wednesday to take them 15 percent higher so far this year, not enough to stop refiners from making losses and likely to slightly hit consumer demand growth.The increases mean the retail price of gasoline and diesel will rise by 500 yuan ($62.37) per tonne, up 9.6 and 11.1 percent, and ex-refinery prices for the motor fuels will go up by the same margin, an industry official told Reuters on Tuesday.
“Increases at this level could hurt demand. Industrial users will have to struggle to pass on the cost to their customers, or will be forced to switch to cheaper fuels,” said the industry official with top refiner Sinopec Corp.
Shares of China’s largest refiner Sinopec (0386.HK: Quote, Profile, Research) climbed 3.31 percent at HK$4.675 on Tuesday, while PetroChina (0857.HK: Quote, Profile, Research) rose 1.2 source:http://www.zoomchina.com.cn/index.php?/content/view/5976/81/ Read More
China’s Yuan Likely To Keep Rising, Become More Flexible?
Author: China Sourcing CommentatorDec 4
(Xinhua, Aug 17, 2006) — China’s currency, the yuan, is likely to stay on the slow-appreciating track despite its recent sharp fall, a well-known Chinese economist said Wednesday.
The yuan hit a new high last Thursday, but on Monday followed with its sharpest fall — 203 basis points — since a revaluation reform was launched in July last year. The official exchange rate on Wednesday was 7.9827 per U.S. dollar.
Zhang Liqun, a research fellow at the Development and Research Center of the State Council, said, “Even if the yuan slips back temporarily, expectations about its overall rise will not be altered.”
Appreciation pressures on the yuan stem from China’s huge trade surplus — which hit a record 14.6 billion U.S dollars in July, a rise of 40.6 percent on the same month last year — and skyrocketing source:http://www.zoomchina.com.cn/index.php?/content/view/11302/1/ Read More
International Adoption? China?
Author: China Sourcing CommentatorDec 4
If you are adopting or have adopted from China, have you heard the song “Merry Christmas” by Third Day?
If not you really should see it on Youtube or some other source. If you have heard it, did your heart break? Read More