Friday, July 01, 2005

The new currency

The Prudent Investor - seeing too many bubbles: More News on China's Oil Reserves Plan
At the moment, vehicles consume about a third of China's fuel. Yet as demand for cars doubles to an expected 8 to 9 million a year by the end of the decade, this will rise to 65 per cent of the oil by 2015, the government says.
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