Here the Chinese deal may still be the best one, since almost every AED shareholders is happy with the deal. They are saved by SINOPEC, include myself.
Things changes a lot in China. The communisms in China is no more communisms, actually they are more capitalisms than most western countries. It is China and India that now saving western from credit crunch. Without the fast development in China, the shares of BHP or RIO may still be less than half of their current price. It is China that push the booming of Australian economy.
They needs iron ores and oil. China is now the second largest car manufacture and market in the world,7 millions in 2007, just after US 10 millions, and will be the No. 1 in the next few years. Almost all the car companies in the world have their car manufactured in China.
And the car drinks petrol.
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