Archive - Jan 25, 2005

China's Ever-Growing Oil Needs May Result in a Global Shortage

Tuesday January 25, 7:00 pm ET
Doug Tsuruoka, Investor's Business Daily

It's nice to have a red-hot economy like China's that's hitting on all cylinders. But where will it keep getting the gas to fill its tank? And will there be enough to go around?
On Tuesday, China said its GDP rose a faster-than-expected 9.5% in 2004 to a record $1.65 trillion.