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Localization of quasi-excellent rings are quasi-excellent?

If $R$ is a quasi-excellent ring, then is $R_{\mathfrak p}$ also quasi-excellent for every prime ideal $\mathfrak p$ of $R$ ? I think Matsumura's commutative ring theory book says that localization of ...
Alex's user avatar
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Does $\sum_ia\cap b_i=a\cap(\sum_ib_i)$ and $a(\bigcap_i b_i)=\bigcap_iab_i$ for infinite sums and intersections in arithmetic rings (Prufer domains)?

Note: Please let me know if this question is too basic for MathOverflow. It is about a subject commonly taught in graduate school (commutative algebra), and is based in large part on a (very ...
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