Replies to post #50444 on China Growth Stocks

[viking86]

NEP: the floods in Jilin seem to be most severe in July/Aug. If that's the case, then Q3 revenue from drilling and oil production will also be affected.

Jilin is one of the worst-hit regions in China due to rain and landslides since July 20, where flooding first started in June, with over 1,000,000 people evacuated in the province since July,[70] a record for the province[71], and more than four million affected. 62,000 houses have been destroyed and 193,000 damaged, while direct economic losses reached 45 billion yuan in the province.[1][72]

http://en.wikipedia.org/wiki/2010_China_floods#Jilin_Province