Thread: China invades Africa for Oil
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Old 06-07-2008, 10:44 PM
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Praxeas Praxeas is offline
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Re: China invades Africa for Oil
Quote:
Originally Posted by James Griffin View Post
You obviously did not read the article then. :-)

We cannot compete with China for third world oil.

We put restrictions trying to impose moral authority, China does not.

China has 1.65 TRILLION in foreign reserves over 750 Billion of that in US dollars alone.

US has TOTAL of 62 billion in foreign reserves.
China is also one reason why our gas is so high.
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