China Growth Stocks

[steeledge]

CHNG, others - wonder if this new China plan will have a lasting bullish impact on China nat gas/CNG plays like CHNG.

http://www.nytimes.com/2011/03/05/business/energy-environment/05energy.html?ref=business

An important feature of the five-year plan is its call to double the share of natural gas in Chinese energy consumption, to 8 percent in 2015 from 4 percent last year, according to Fatih Birol, the chief economist of the multilateral International Energy Agency in Paris. This will make China a natural buyer of large quantities of Russian gas, making it a competitor to Europe, which already relies heavily on gas from Russia.