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Scandle34

09/07/12 12:10 PM

#5522 RE: Honolulu Trader #5519

yes, beijing has a lottery. Still, that is an issue to growth for Sinopec. Longwei sells to commercial users. The infrastructure stimulus is their bread and butter -- construction vehicles and heavy transport.
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viking86

09/07/12 12:46 PM

#5524 RE: Honolulu Trader #5519

Yes, that's a subtle way the Chinese gvmt is forcing their people to switch to electric cars. If you buy a EV, there's no lottery for the license plate # plus a bunch of other perks.