China Details Incentive Plan for Electric Cars - NY Times

    1. Posted 7 months ago • SourceComments April 10th, 2009

      By KEITH BRADSHER
      Published: April 10, 2009

      BEIJING — Senior Chinese officials on Friday outlined how they aimed to turn their country into the world’s largest producer of electric cars, including a focus on consumer choice rather than corporate subsidies…..

      China is already giving the US it’s lunch money; it looks like they will be eating our lunch as well. As the world shifts to a new economy (one NOT centered on oil) China might be leading the way.

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    Tags : economy