Saturday, June 07, 2008

Chinese Economic Disaster

Everyone should keep an eye on this story:
"The Chinese authorities have placed some extreme restrictions on the import of dangerous goods for a four-month period covering the Olympics in Beijing. According to an announcement received last week by operators in the region, as from June 1 the movement of all dangerous goods will be banned in Beijing, Tianjin, Qinhuangdao, Shanghai, Shenyang and Hong Kong; furthermore, the discharge and loading of dangerous goods will be prohibited at the ports of Beijing, Tianjin, Xingang, Qinhuangdao, Shanghai, Shenyang, Qingdao and Hong Kong. The ban imposed by the National Security Bureau will apply equally to fireworks and manufacturers have been advised to adjust their production schedules so that the movement of these goods is not necessary during the period."
If you think this does not affect you, guess again.

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