Witzy

China's Shrewd Long-Term Oil Plan: What America Can Learn

"China are major investors in the Canadian oil sands..."?

I'm here in Canada, and I just do not see it. One medium sized play they were making was rebuffed and they pulled WAY back. The top 5 syndicates/companies represent 80% of current or immanent production, and China is a secondary partner in just one of these. UTS owns huge reserves, like Fort Hills with Petro-Canada, yet their stock price today reflected their cash reserves ONLY. So, if China is trying to buy in, where are they?