More bad news for energy consumers today,
as oil companies closed four more major
refineries in protest of price controls.

The South China Sea area is expected to
suffer fuel shortages for most of this
year, and sharp declines in both
manufacturing and travel are predicted.

This portion of the China Sea Report is made
possible by the Spratly Mandarin Hotel, a
world-class resort located on nearby South
Spratly Island. 'Everyone's an Emperor
at the Mandarin.'


NEWS ANCHOR 1
(RYDER)


NEWS ANCHOR 2
(KELSEY)



RYDER