China Environmental Law

I love it when China refuses to play along with its most sycophantic flatterers.  You may recall that we discussed HSBC’s bizarre contention that 37.8% (or US$221.3 billion) of China’s stimulus package is devoted to funding “green” projects.  These numbers lead to mind boggling claims that “China’s leaders are investing $12.6 million every hour to [...]

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A handy graphic of China’s stimulus plan allocation:

Courtesy Caijing Magazine.
 
UPDATE: The above chart represents the allocation of funds after this week’s “rebalancing” of the stimulus package.  The chart below, for comparison purposes, shows the original allocation amounts and percentages:

Notice that the category “Sustainable Development” has taken a hit, but “Technolgy Advances” (which presumably will include [...]

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China announced on Tuesday a second batch of investment as part of the 4 trillion yuan economic stimulus package announced in November of last year. 
The fund is the second batch of investment [totaling 130 billion yuan] from the central budget following a 100 billion yuan allocated in the fourth quarter of 2008. Both were included in [...]

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The Ministry of Environmental Protection (MEP) announced on Friday it had approved 153 projects around the country involving investments of around 470 billion yuan.  31 of the approved projects involved infrastructure development, “such as transportation and water conservation.”  Most of the projects were reported to be “part of the 4-trillion-yuan economic stimulus package announced by the [...]

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