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Pastimes : Clown-Free Zone... sorry, no clowns allowed -- Ignore unavailable to you. Want to Upgrade?

To: Box-By-The-Riviera™ who wrote (298581)	11/29/2004 12:19:08 PM
From: Michael Watkins	Respond to of 436258

De nada. It will get worse. Energy-hungry China frantic for new supplies BEIJING -- At first glance, the events are unconnected. A possible Chinese takeover of a leading Canadian oil company. A secret submarine in Japanese waters. A border deal in Siberia. Trade pacts with obscure African nations. Diplomatic efforts to protect rogue states in the Middle East. These seemingly random incidents around the world, however, are united by one crucial phenomenon: China's growing obsession with its energy security. Fearful of its mounting vulnerability to any threat to its oil and gas imports, Beijing has become frantically active in its quest for new energy supplies. The latest example -- its effort to acquire Husky Energy Inc. of Calgary -- is just the most recent of a long series of initiatives to gain fresh energy sources for its booming economy. theglobeandmail.com