FLC 0.00% 9.5¢ fluence corporation limited

Media update, page-1194

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    hi ywtoh,
    interesting P R screed from Fluence, maybe a heads up for shareholders regarding the complexities and delays in dealing with the changing requirements for negotiating with those wily Chinamen.

    " FYP puts an emphasis on increased reliance on homegrown products and services"

    "Newer arrangements with foreign companies for water treatment projects are rapidly changing structurally, but even with a renewed push for state ownership and construction"

    "Since China has expressed a preference for greatly expanded state ownership of facilities and the use of domestic services and products, at first glance it would seem to be a daunting environment for foreign companies. But while Chinese entities are laying claim to a larger percentage of the pie, the size of the pie has grown to proportions unprecedented in the industry, leaving room for robust growth for foreign companies with outstanding technology."

    regards, EB
 
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