Shell contractors are required to take a systematic view of risk in drilling operations and to put management systems and mitigations plans in place before work begins.

FORBES: Deepwater Ban Lifted; Big Oil Lesson Learned

And while most China investors are far from overly bullish on China, nor subscribe to any saintly view of its economic management, the prevailing consensus among portfolio managers who continue to put money to work in China is this: China may be down, but it is not out.

FORBES: China May Be Down, But Nowhere Near Out