Ingredients:

  Amount  Measure       Ingredient -- Preparation Method
--------  ------------  --------------------------------
   1      tablespoon    peanut oil
   2      cloves        garlic -- minced
   1      teaspoon      chili paste
   1      tablespoon    tomato paste
     1/2  cup           chicken broth or water
     1/2  teaspoon      sugar
   2      tablespoons   peanut butter
     1/4  cup           hoisin sauce
     1/4  cup           unsalted pan- or dry roasted -- ground peanuts
   1                    fresh Thai or serrano chile pepper -- seeded, thinly
                        -- sliced

Preparation:

1. Heat the oil in a small saucepan. When the oil is hot, add the garlic, chili paste, and tomato paste. Fry until garlic is golden brown, about 30 seconds. 2. Add the broth, sugar, peanut butter, and hoisin sauce and whisk to dissolve the peanut butter. Bring to a boil. Reduce the heat and simmer for 3 minutes. 3. Serve warm or at room temperature, garnished with ground peanuts and chile pepper slices. Also serve as a dipping sauce for satay.