china shale reserves

Noticed in the media recently a lot of discussion about the state of China's shale gas reserves and the fact that they could be the largest in the world.

http://www.telegraph.co.uk/finance/china-business/9117072/China-claims-worlds-biggest-shale-gas-reserves.html

http://www.marketwatch.com/story/china-shale-gas-output-to-expand-quickly-2012-03-16

What is your take on this and the impact it will have on the GSA? Surely China can just source their own domestic gas at a more competitive price???