China quenches thirst with £4.4bn Addax deal

China’s rush to secure MiddleEastern and African energy supplies intensified as Sinopec, its state-controlled oil refiner, sealed a £4.4 billion takeover of the British-listed Addax Petroleum.

Webmaster's Commentary: 

China is making deals to get the resources it needs.

The US has been dropping bombs in an attempt to get the resources it needs.

What's wrong with this picture, from a standpoint of the US approach??

Everything.

Tags:

Comments

SHARE THIS ARTICLE WITH YOUR SOCIAL MEDIA