My grandfather would have called it a bottomless pit, a term he used on me frequently at dinnertime. Today he'd likely be referring to the near-daily evidence of Asia's rapidly growing demand for resources to fuel the region's burgeoning manufacturing infrastructure.
Take Singapore's petrochemicals sector, for instance. Royal Dutch Shell
Exxon's intensifying activity in the area is just part of a steady march into Asia by big, integrated Western companies. Just last month, for instance, it was announced that Chevron
What does all this mean for Foolish investors? To my way of thinking, it's yet another signal of the wisdom of investing in big companies that can roam the world in search of compelling investment opportunities and contest with obstructive governments, where necessary.
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