AUTO ZONE looks at China’s evolving relationship with automobiles, the race to develop cheaper & better electric vehicles, and new initiatives to get cars off China’s streets.
In a rare admission of China’s strategic petroleum reserve capacity, a senior industry executive acknowledged that all four state-owned emergency oil reserve tanks – holding a total 100 million barrels – are filled to the brim.
Figures released by the General Administration of Customs in China last month revealed a rise in LNG imports to 3.3 tons in 2008, up from 2.9m tons the year prior. Despite 15 % growth over the course of the year, December figures were down 23% from November.
Elizabeth Balkan advises private and public stakeholders on energy and climate policy, and cleantech investment strategies in China. Based in New York City, she has over ten years of China experience.
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