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Home World Australia

China Builds Reserves of Oil, Metals, and Food Amid Trade Concerns

26 October 2025
in Australia
0
China Builds Reserves of Oil, Metals, and Food Amid Trade Concerns
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China’s Dongjiakou oil storage has rapidly filled to 24 million barrels as officials stockpile resources amid fears of potential sanctions and tariffs, especially with the possibility of Donald Trump’s return to the White House. While this strategy aims to bolster China’s trade position, it also risks financial waste and increased dependency on foreign commodities, despite ongoing efforts to enhance domestic production and diversify imports.

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Tags: buildsBusinessChinaConcernsFoodMetalsoilreservesThe Economisttrade
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