Thursday, January 20, 2011

POSCO

POSCO USD 12bn plant in India being blocked by India's environmental ministry.
It will be the biggest FDI in India if it is successful.
India despite having a poor record on environment, block a potentially good FDI bcos of politics.
At the same time hurting the development of the country.

1 comment:

QUALITY STOCKS UNDER FIVE DOLLARS said...

Some of the chinese steel stocks look very attractive at current levels.