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China's Red Storm. Why is the Chinese President visiting major oil producing countries?
The Chinese are now the 2nd largest consumer of oil in the world. That consumption is increasing rapidly as the Chinese economy explodes and more people are buying cars.
The Chinese President was in Saudi today (very warmly received) and tomorrow Nigeria, another major oil producer.
Why is this guy doing a world tour of the major oil producing countries?
Well, he's stealing your lunch. Signing up deals for future oil share.
One more report that I read on Sunday's Toronto Star. China carries the major portion of the US National debt.
Sounds like there is a change coming through.
Can't wait to hear from you guys.
4 Answers
- acredhead113Lv 42 decades agoFavorite Answer
Yes Bush was disappointed that he could not bully or force the Chinese President into our way of thinking. Our currency could be for a rough ride!
- Anonymous2 decades ago
Oil is a valuable recource and he wants oil
- Anonymous2 decades ago
Because oil is a finite resource, I think you answered your own question there.
- Anonymous2 decades ago
Because China want to Fxxk US up. Let them do it.