China already has laid out its plan for a third phase of its strategic-reserves program. That eventually would expand capacity to more than 500 million barrels by 2020, according to China Oil, Gas & Petrochemicals, a newsletter published by state-controlled Xinhua news agency.
China is short of commodity, whenever the commodity price come down, China will buy in, do you realise this?
China should buy more commodity to strengthen it "power"... ...
