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Never ever trust the Communist. If they under estimate number to 3, then double the number up to 6. If they exaggerate the number to 8, then cut the number down to 4.
Will this have a cascading effect on the Chinese economy? Their GDP number is now skewed. Imports, exports and consumption numbers all are wrong. All numbers are suspect and everything has to recalculated on new estimations.
Oct 17, 2016 01:14 PM
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With all the war drums echoing around the world, China is wise to store as much oil
as it can get.
They do not want to be like Germany in WW2,
namely running out of oil, when things get
out of hand.
And China would be foolish to broadcast their oil storage capabilities to their
potential enemies.
Just a personal opinion...
Oct 19, 2016 06:52 AM
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