China to Invest US$15 Billion in Coal-to-Liquids Plants

China to Invest US$15 Billion in Coal-to-Liquids Plants

The Chinese government plans to make a major investment of about US$15 billion in coal-to-liquids (CTL) plants (both direct and indirect) over the next 5 to 10 years as part of an effort to reduce dependency on oil imports.

http://www.greencarcongress.com/2006/02/china_to_invest.html#more