How Shale Energy is Bringing America and China Together
By Naomi Rovnick
Despite their constant squabbles, there is one area of industry where America and China are tentatively making friends.
China also has great prospects in shale, with gas reserves that may even be bigger than the US’s and Canada’s combined. But it lacks the expertise to turn its reserves into energy. So Chinese companies are chasing investments (paywall) in America’s shale industry to access technology that can help it turn its reserves into energy.
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