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Politics : Politics for Pros- moderated

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From: DMaA	12/27/2006 11:29:51 AM
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Now lets sit back and listen to the universal condemnation of the Chicoms from the greeneys for not investing in conservation and wind mills. China mulls energy reserves spend China has the money to secure future energy reserves China has signalled that it could use its vast foreign exchange reserves to bolster its strategic energy resources. Vice-Premier Zeng Peiyan said China needed to speed up the hunt for fresh oil and natural gas supplies. China's foreign exchange reserves are the world's largest at more than $1 trillion (£511bn), supported by the country's strong global exports. China is keen to secure future reserves of oil, coal and other raw materials needed to fuel its booming economy. news.bbc.co.uk

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