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To: RealMuLan who wrote (53889)	10/1/2004 7:28:05 PM
From: RealMuLan	Read Replies (2) \| Respond to of 74559

China announces huge investments in Canada -------------------------------------------------------------------------------- 30/9/2004 7:44 The Chinese firm, Minmetals, owned by the Chinese government, has taken over the biggest mining company in Canada, Noranda Mining. Minmetals paid about US$5.7 billion for Noranda Mining, reported China Radio International. Another Chinese state-owned oil company Sinopec is in talks to acquire a large lease of oil bearing land in Canada, an investment that could total several billion dollars. english.eastday.com

To: RealMuLan who wrote (53889)	10/1/2004 10:40:55 PM
From: Taikun	Read Replies (1) \| Respond to of 74559

I remember when you or someone posted on China and the oil sands I asked where they would get the technology. Although the issue was downplayed, it seems more serious: "Due to lack of technology and insufficient experience, however, China cannot exploit these energy resources alone." Message 20586521

To: RealMuLan who wrote (53889)	10/1/2004 11:39:48 PM
From: Seeker of Truth	Respond to of 74559

It seems to me that the leaders of China have a magnificent opportunity here to reduce the growth in oil use. They could ban all future new ownership of cars except for doctors, nurses, and taxis. Instead China could build railroads and subways, and China could manufacture buses by the million while building the roads for these buses and for trucks. If I am right then China is likely to do so, so at some point the global increase rate of oil consumption should decrease.