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This page contains all of the posts and discussion on MemeStreams referencing the following web page: China Misconceptions. You can find discussions on MemeStreams as you surf the web, even if you aren't a MemeStreams member, using the Threads Bookmarklet.

China Misconceptions
by dmv at 7:03 pm EST, Nov 9, 2004

] Misconception #1: The Spike in Oil Price is Due to
] China's Insatiable Demand
] The past year's sudden increase in oil prices to all-time
] highs (and generational highs in real terms) has led many
] analysts to conclude that the rise in oil prices is due
] to the fact that China has moved from consuming 2
] millions barrels per day a decade ago to 5 (or more
] today).
] But while this makes intuitive sense, it does not really
] correspond to reality

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