China Moves to Claim Oil Sands

If Americans think the oil sands bonanza in their northern backyard will solely benefit the United States, they may be surprised. Chinese officials are making fast inroads into Alberta, snapping up petroleum deals with the skill of Texas oilmen.

While the deals involved are still relatively small, analysts say China’s booming, oil-starved economy could eventually become a significant player in the oil sands.
San Francisco Chronicle