As we just talked about oil and natural gas today, I want to
share this WSJ article that provides a few current statistics on China’s crude
imports in 2011. Notably, the amount imported from Iran went up by 30% while
the total increased by 6.1% last year. Such a fact on its own provides
questions for debate in terms of international relations and security issues
given the complicated overall global politics. On the other hand, from the
demand perspective, it is also worth questioning what might happen with China’s
energy imports when a “soft landing” of the economy is of concern.
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