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China’s oil reserve

Published January 30, 2007
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BEIJING, Jan 29: China started filling its first strategic oil reserve on Monday, state media said, citing the National Development and Reform Commission, the top economic planning agency. “Compared with the United States and Japan, China is late in building its first strategic oil reserve, and the size of the reserve is small,” said Zhu Hongren, an official with the commission, according to Xinhua news agency. —AFP

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