|Updated: 5/16/2006; 12:40:35 PM.
|Ken Novak's Weblog
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Tuesday, November 01, 2005
China's Little Green Book: "Green China will be much more challenging than Red China.. The China Daily reported that China's 11th five-year plan, which starts soon, includes a program to sharply reduce China's energy usage per unit of G.D.P. by 2010. "To hit the target, a huge business potential will be open to investors," [said] Zhou Dadi, director of China's top energy research institute.. "China is growing three times as fast as we are," Mr. Watson said, "[so] a lot of innovation is going to happen here, and once it is introduced [on the low-cost China platform] it is going to spread a lot faster. ... The Japanese and Europeans are here in a big way, and they are giving their stuff away. ... We deserve to lose. We are clutching our past with these tremulous hands, and everyone else is vigorously grasping the future." 11:45:08 PM
Copyright 2006 © Ken Novak.
Last update: 5/16/2006; 12:40:35 PM.