Wednesday, May 09, 2007
Friday, May 04, 2007
The stock price of PetroChina (PTR) jumped a stunning 14 percent in Hong Kong trading on Friday, brining additional excitement about the recent surge at several East Asian Stock market.
Why did the stock rise so much? Primarily because the China National Petroleum Corp - the parent corporation - announced the discovery of a "big whoop" oil field in the Bohai Bay area.
Tuesday, May 01, 2007
So what's next? Perhaps the Chinese diplomatic establishments in Castries will close down? There might be a lot less mainland Chinese tourists in the near future, and less business in the island's banking system from the PRC. Other than that? I'm sure St. Lucia will reap a generous reward from Taipai. A new bridge perhaps?