Archive for the 'China' Category

Hummer doesn’t fit into China’s green strategy

Wednesday, March 3rd, 2010

Just recently it became public that Chinese officials refused to authorize Sichuan Tengzhong Heavy Industrial Machines of China to purchase Hummer from GM.
It is quite revealing to see how actively China is trying to become a leader in the green energy technology business. Tengzhong might have faced some difficulties and financial risks had the takeover [...]

China: A developed, green economy by 2050?

Tuesday, January 12th, 2010

I’m pretty sure that by mid-century, China will be a developed country with an efficient economy generating a huge share of its energy needs of renewable energy sources. That’s my prediction.
Next to China, there are two other prospective candidates: Indonesia and Brazil. These three countries are growing fast despite the aftermath of the Great Recession [...]