Industry insider: China’s petrochemical stimulus plan to focus on refining and chemicals

Industry insider: China’s petrochemical stimulus plan to focus on refining and chemicals: “China’s upcoming stimulus package for the petrochemical sector will likely focus on oil refining and chemical industries, while oil and gas exploration will not be touched upon, petrochemical experts said Tuesday.

The package will more likely dedicate to the overall development of the sector in the next three years with emphasis on industrial restructuring and optimization of product mix, said sources with China Petroleum and Chemical Industry Association (CPCIA), who declined to be…”

(Via People’s Daily China.)

Prison terms for allowing foreigners to use drugs

Prison terms for allowing foreigners to use drugs: “SEVEN people in Beijing have been found guilty and imprisoned for allowing foreigners to use drugs at the bars they ran.

The Beijing No. 2 Intermediate People’s Court sentenced Liu Hailiang, manager of a café…”

Financial Crisis for Developing Countries

The World Bank assesses what the implication of the global financial crisis will be for the developing countries.
G-20 Finance Ministers’ Meeting at São Paulo, Brazil.

Download now or preview on posterous

WBG20FinBackgroundpaper.pdf (198 KB)

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