The cap and trade limitations are particularly interesting given the rapid increase of labor costs and associated inflationary pressures. This is not a sign of strength. It should be obvious to even the most obtuse pundits that China lacks the power to bite the hand that feeds.
A self-taught legal activist, Chen asked his supporters and
others in the activist community for their understanding of his desire to leave
the front lines of the rights struggle in China.
"I am requesting a leave of absence, and I hope that they
will understand," he said.
The Chens' departure to the United States marks the
conclusion of nearly a month of uncertainty and years of mistreatment by local
authorities for the activist.
After seven years of prison and house arrest, Chen made a
daring escape from his rural village in late April and was given sanctuary
inside the U.S. Embassy,
triggering a diplomatic standoff over his fate. With Secretary of State Hillary
Rodham Clinton in Beijing for annual high-level discussions, officials struck a
deal that let Chen walk free, only to see him have second thoughts, forcing new
negotiations that led to an agreement to send him to the U.S. to study law — a
goal of his. New
York University and another school have offered to host him
And also this concerning Carbon emissions trading...
The government's goal is to introduce a national trading scheme by 2015, just two years after the seven pilot programs are scheduled to be in place
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