Surprise Winners of the China/India Outsourcing War

Your FREE Guide to Profiting
From Asia’s Explosive Growth

Chinese Stock #3 –
China National Offshore Oil Corporation (CEO)

A number of select oil companies will reap unprecedented profits as the battle heats up between India and China. Companies in both countries that can reduce their energy costs will have significant profit advantages over those that can’t, which is why both countries have been racing to secure new energy sources over the past five years. Oil services company China National Offshore Oil Corporation (CEO), also known as CNOOC, could be the biggest profit-taker of all — thanks to the Chinese government’s investment in oil and gas development.

Most investors don’t know this, but a huge portion of China’s $586 billion stimulus package went to fund a major west-to-east gas pipeline project. As a result, the demand for top-notch drillers and transportation equipment is shooting through the roof. In addition, CNOOC is the only company permitted to conduct exploration and production activities off the coast of Mainland China in conjunction with foreign governments and companies thanks to a government mandate. With a competitive advantage like that, and the Chinese government’s ability to outsource its vast capital reserves, CNOOC could be a very big winner in the outsourcing wars.

Next — Chinese Stock #4

Your Guide to Profiting From Asia’s Explosive Growth
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