Fri 2010-04-02 19:12 EDT
Shopaholic China: China's Global Shopping Spree: Is the World's Future Resource Map Tilting East?
...anticipating the kind of voracious resource consumption that goes with anticipated future growth, and worried about the availability of adequate supplies, giant Chinese energy and manufacturing firms -- many of them state-owned -- have been on a veritable spending binge when it comes to locking down resource supplies for the twenty-first century. They have acquired oil fields, natural gas reserves, mines, pipelines, refineries, and other resource assets in a global buying spree of almost unprecedented proportions...
China's Global Shopping Spree; Shopaholic China; world's future resource map tilting east.