Despite a slowdown affecting mostly China’s manufacturing and other value-added, energy intensive industries, China has yet to back down from oil acquisitions. Its newest investment through its state owned investment conglomerate brought thousands of acres of oil sands under its ownership. Partnership in Sands The new partnership was reached as part of a deal between … Read moreChina Still Thristy for Oil
Commodities and equities are very different investment vehicles. One represents ownership in a company or business, while another represents ownership in one of the most basic units of production. While they aren’t interchangeable, commodities typically lead any stock market rebound. The Basis for Correcting Recessions The Federal Reserve and Congress both spend significant amounts of … Read moreCommodities: The Key to Predicting the Next Market Movement
Amid China’s acquisition exposure in places like Australia and Europe, the nation hasn’t stopped soaking up commodities in a world exhibition of industrial assets. In a recent move, China National Petroleum Corp. is looking to expand its holdings of oil fields to Syria and Libya through a deal between two Canadian firms. Suncor & Petro-Canada … Read moreChina Feeds its Oil Addition by Tapping Libya
Since the markets have fallen off their peaks, the Chinese have been investing not only in China, but across the world. With their impressive foreign reserves, they are looking for a way to churn profits for the government and trust funds. The Chinese are now the leading buyers of foreign debt, and the Chinese citizenry … Read moreTop 4 Hottest China Investment Sectors for 2009
Photo Credit: EZ Images It seems as though coal and oil are beginning to coincide. When oil prices are high, coal prices jump because of a very small connection between the two. Certainly, the price is helped by the “clean coal” initiatives around the world that hope to reduce pollution and the emission of dangerous … Read moreIs coal the next oil?
Photo Source: Cartoon Stock The stock market’s soap opera star this summer has certainly been crude oil. Even the presidential candidates are making crude oil a topic for their campaign trail. Obama wants to remove oil speculators out of the market to let crude prices settle, while John McCain has countered by saying that the … Read moreIs the price of oil unwinding…or skyrocketing?
A Chinese sovereign wealth fund is at it again, now buying a stake in BP, the UK’s largest corporation. However, this was neither good nor bad news for BP, which welcomed shareholders of any kind. The lure of other oil companies The Chinese government has also taken a stake in Total SA, which is the … Read moreChina building up a position in BP