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| China-Japan-Koreas |
| China soaks up Iran crude as Japan, Korea cut |
| 2006-06-06 |
| SINGAPORE: China has boosted imports of Iranian crude by a quarter so far this year, making up for oil shipments cut by refiners in Japan and South Korea due in part to fears over TehranÂ’s stand-off with the West, national data shows. The official figures suggest Iran, which has started to hint it might use its oil as a tool in the row with the US and other countries over its nuclear programme, has a ready buyer in China, which has been hesitant to confront Tehran. ChinaÂ’s crude imports from Iran are up 74,000bpd in the first four months of the year, according to official data released last week. |
| Posted by:DanNY |
| #3 China under Stalinism, Commmunism, and Maoism only has two LT choices short of war - to risk a long-term NORTH KOREA SYNDROME, i.e. STARVING BUT NUCLEARIZED, or a CUBA where the masses-Army starve whilst Fidel has to have his routinely imported expensive Black/Spanish hams [HAM-GATE]; or implode like the USSR due to the natural pressures of newfound wealth + modernization. |
| Posted by: JosephMendiola 2006-06-06 22:32 |
| #2 Not to mention that, should the situation with Iran turn hot, China will be mightily distracted dealing with a sudden cessesion of oil shipments. Win/win! |
| Posted by: trailing wife 2006-06-06 22:18 |
| #1 Isn't this good news for the rest of the world? This pulls the teeth from the only threat they have. |
| Posted by: bigjim-ky 2006-06-06 12:41 |