Malaysia Sun
MalaysiaSun.com Friday 3rd September 2010 Issue 8/0246
  • More Breaking Business News

  • Burger King may be selling out
  • Jewish survivors say French Railway should lose US bid
  • Cold winter was good for Gazprom
  • Galaxy becomes competitor to iPad
  • iPod nano has multi-touch interface
  • American and British Airways to coordinate frequent flyer
  • Wall Street in cautious advance
  • World sees large rises in food prices
  • UK utilities firms in sales probe
  • US government could have protected Lehman says old boss
  • Apple TV the coming thing
  • Henan province tells Chinese airline not to use its name
    Get Breaking Business News headlines emailed to you daily.

    China wants more Iran oil
    Malaysia Sun
    Thursday 29th November, 2007  


    Chinese oil firms will again buy crude oil from Iran and are seeking to increase their imports from the country.

    A senior Iranian official has confirmed that Chinese state firms are carrying on business with the world's fourth-largest oil producer, despite U.S calls for international businesses to reduce business ties with Iran.

    China has said sanctions are not the way to resolve the row over the Iranian nuclear program and it will continue to negotiate with Iran in order to increase crude oil purchases.

    China is currently purchasing about 400,000 barrels per day from Iran.

      Email this story to a friend

    Comments on this story

    By Heraclitus, 11-29-07, 11:43 AM

    China wants more Iran oil

    Good for China. She, (and India,as well), would be foolish not to use this opportunity to guarantee for their people a steady supply of oil from a neighbor with huge reserves. While Americans and Israelis play at being Ubermensch, (the Germans did it with more panache), there is no reason that the rest of the world needs bide its time waiting for maturity to strike these would-be movers and shakers. The opportunities open to China and even more so, to Russia are mind-boggling. India’s route will be a little harder, but she, too, is destined to make her mark this century. The EU? It is tied to the latest re-incarnation of its Imperialist past, and failing to focus on what could be its truly glorious future. The US will bankrupt itself, then, if global war can be avoided, the Americans will take a deep breath and start over, on what hopefully will be a wiser path, but not as long as they can exploit Africa and South America, which, in the latter’s case, will not be too long. What a fascinating time to be alive! Keep up the good reporting!
    By JoeMorgan, 11-29-07, 02:40 PM

    America's Third World demographic time bomb

    Heraclitus wrote: “US will bankrupt itself ... the Americans will take a deep breath and start over..." America is destined to become something akin to Brazil economically, a Third World society without funds to support a military that can project itself beyond its borders, (accept its nuclear arsonal), nor economic might to bully Europe, the Mid East and the rest of the world. The US is being remade demographically, with whites whose average IQ is 103 being displaced largely by people from the Third World, average IQs under 90.
    By VP Cosmicum, 11-30-07, 01:47 AM

    This site's retarded racist timebomb

    ^ Is JoeMorgan for real? If so, I suspect his IQ is somewhere in the single digits. Way to make a valid point and cogent argument, JoeMorgan!
    By JoeMorgan, 11-30-07, 02:17 PM

    Real world vs. the cult of political correctness

    VP Cosmicum, all black and Chicano schools in America drawn from the general population are low performing. There are no exceptions. Black and Chicanos have reproductive rates above replacement level. Blacks and Chicanos are our largest “minority” populations, soon to be the majority. As America’s schools become increasingly low performing, we will lose our ability to create First World wealth. Without First World wealth, America will no longer be able to project itself into the Third World to manipulate governments, to overthrow governments, to prop up puppet governments, and to launch massive conventional wars against dissident countries.

    Have your say on this story

    Your nickname (optional)
    Message title
    Message