I don’t know what you’re opinion is of oil prices, but the Chinese think $40 a barrel oil is a bargain.
“China would press ahead with the second phase of construction of its national strategic oilreserves and also encourage companies to build up their commercial reserves.”
- China’s strategic oil reserves China plans to build its strategic oil reserves in three phases over 15years and expects to complete the construction of...
- Strategic rice reserves? We have our strategic petroleum reserves. China has its strategic pork reserves (I’m not kidding) and Japan has strategic rice...
- China’s overseas investment doubles China is steadily acquiring the strategic assets itneeds to fuel its growth plans by buying up foreign companies. In the...
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Sorry, but I don’t give specific investment advice in this blog. I do answer all these questions in the ‘Ask Tony’ section of Asia Stock Alert.