(EnergyAsia, April 28, Tuesday) — China needs to expand its storage capacities to stockpile key natural resources including oil, the country’s top planning agency has urged. The stockpiles would help China hedge against volatility in commodity prices and also enable it to use up its large US dollar holdings, said the National Development and Reform…
CHINA: Planners target increased storage capacities for natural resources
Posted on April 27, 2009 by EnergyAsia