Download or read book Chinese Oil Dependence Opportunities and Challenges written by and published by . This book was released on 2005 with total page 28 pages. Available in PDF, EPUB and Kindle. Book excerpt: China's dependence on foreign energy sources to fuel its economic growth represents a new influence on her national strategy. Prior to 1993 China was self sufficient in oil production. By 2000 she was importing one million barrels of oil per day this represented one quarter of her petroleum needs. China is projected to be importing eight million barrels per day by 2020 this will represent 75% of her oil requirement. Like Japan in the 1930's a disruption in China's supply of oil; either through events unrelated to Chinese growth or contrived to slow the spread of her power in east Asia; would be viewed by China as a threat to her security and could precipitate a decisive response potentially involving armed conflict. Understanding why oil is so critical to China's national security and what China may do to secure sources of oil in the future will contribute to the western pacific security strategy of the United States. The purpose of this paper is to analyze how oil dependence is shaping China's security strategy identify recent steps China has taken to ensure her continued access to oil and recommend actions the United States should take in light of China's new dependence on foreign oil.
Download or read book Chinese Oil Dependence written by James F. Cooney and published by . This book was released on 2005 with total page 22 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Rising China written by Jane Golley and published by ANU E Press. This book was released on 2011-06-01 with total page 362 pages. Available in PDF, EPUB and Kindle. Book excerpt: Where the last three decades of the 20th century witnessed a China rising on to the global economic stage, the first three decades of the 21st century are almost certain to bring with them the completion of that rise, not only in economic, but also political and geopolitical terms. China's integration into the global economy has brought one-fifth of the global population into the world trading system, which has increased global market potential and integration to an unprecedented level. The increased scale and depth of international specialisation propelled by an enlarged world market has offered new opportunities to boost world production, trade and consumption; with the potential for increasing the welfare of all the countries involved. However, China's integration into the global economy has forced a worldwide reallocation of economic activities. This has increased various kinds of friction in China's trading and political relations with others, as well as generating several globally significant externalities. Finding ways to accommodate China's rise in a way that ensures the future stability and prosperity of the world economy and polity is probably the most important task facing the world community in the first half of the 21st century. The book delves into these issues to reflect upon the wide range of opportunities and challenges that have emerged in the context of a rising China.
Download or read book Great Challenges and Even Greater Opportunities written by Liu Yue and published by . This book was released on 2019-09 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: China's breakneck economic development and industrialization of the last three decades have turned the country into a major consumer of energy. In fact, China is currently the world's second biggest energy consumer, and is on course to become the biggest one within a relatively short period of time. This process has taken place in parallel with the rise in energy consumption in the rest of Asia and of the developing world. Just like most countries globally, China's energy supply structure is still dominated by fossil fuels such as coal, oil and natural gas. However, the use of renewable sources of energy is on the increase, as the need to achieve a sustainable mode of development becomes more keenly felt. This book focuses on the current state of China's oil and gas industries, the opportunities they present and the challenges they face. Oil and natural gas remain the two most important and most widely used sources of energy in the world, and in spite of the increasing development of renewable energy, it is unlikely that their status will be challenged any time soon. The oil and gas industries of China, the world's second largest economies, are thus clearly of great importance and interest to the entire world. Due to its high efficiency and the relatively low pollution it creates, oil has been the most popular source of energy globally since it replaced coal in the sixties. China is the second biggest oil consumer in the world behind the U.S., and its consumption is forecasted to continue rising. Although oil remains dominant worldwide, the demand for natural gas is also forecasted to grow steadily in the future, partly as an alternative to oil. There are various reasons for this. For one thing, it has now become a political imperative to reduce carbon emissions, and from this point of view natural gas is much preferable to oil, while being more convenient than renewable sources of energy. Another factor is concern about the inevitable decrease of the oil supply as peak oil is reached. Furthermore, the development of natural gas powered vehicles and of the natural gas chemical industry are also contributing to raise the demand. This trend towards a greater use of natural gas has also concerned China, which is currently the fourth largest consumer of natural gas in the world.
Download or read book China s Energy Security Analysis Assessment And Improvement written by Jingzheng Ren and published by World Scientific. This book was released on 2020-12-18 with total page 246 pages. Available in PDF, EPUB and Kindle. Book excerpt: China is the second-largest economy in the world yet it faces serious energy security challenges due to the country's reliance on coal, a fuel with multiple environmental and social problems. Moreover, since 2017 China has become the world's largest crude oil importer, greatly increasing its reliance on imported energy.The International Energy Agency has defined energy security as 'the uninterrupted availability of energy sources at an affordable price,' employing metrics in various dimensions such as availability, affordability, accessibility and acceptability to measure the energy security of different nations. Accordingly, the assessment, analysis and improvement of energy security is a complex problem. China's Energy Security aims to resolve this problem by answering three important questions:
Download or read book China s Quest for Energy Security written by Erica Strecker Downs and published by Rand Corporation. This book was released on 2000-12-05 with total page 83 pages. Available in PDF, EPUB and Kindle. Book excerpt: China's two decades of rapid economic growth have fueled a demand for energy that has outstripped domestic sources of supply. China became a net oil importer in 1993, and the country's dependence on energy imports is expected to continue to grow over the next 20 years, when it is likely to import some 60 percent of its oil and at least 30 percent of its natural gas. China thus is having to abandon its traditional goal of energyself-sufficiency--brought about by a fear of strategic vulnerability--and look abroad for resources. This study looks at the measures that China is taking to achieve energy security and the motivations behind those measures. It considers China's investment in overseas oil exploration and development projects, interest in transnational oil pipelines, plans for a strategic petroleum reserve, expansion of refineries to process crude supplies from the Middle East, development of the natural gas industry, and gradual opening of onshore drilling areas to foreign oil companies. The author concludes that these activities are designed, in part, to reduce the vulnerability of China's energy supply to U.S. power. China's international oil and gas investments, however, are unlikely to bring China theenergy security it desires. China is likely to remain reliant on U.S. protection of the sea-lanes that bring the country most of its energy imports.
Download or read book China s Economic Rise written by Congressional Research Service and published by Createspace Independent Publishing Platform. This book was released on 2017-09-17 with total page 52 pages. Available in PDF, EPUB and Kindle. Book excerpt: Prior to the initiation of economic reforms and trade liberalization 36 years ago, China maintained policies that kept the economy very poor, stagnant, centrally-controlled, vastly inefficient, and relatively isolated from the global economy. Since opening up to foreign trade and investment and implementing free market reforms in 1979, China has been among the world's fastest-growing economies, with real annual gross domestic product (GDP) growth averaging nearly 10% through 2016. In recent years, China has emerged as a major global economic power. It is now the world's largest economy (on a purchasing power parity basis), manufacturer, merchandise trader, and holder of foreign exchange reserves.The global economic crisis that began in 2008 greatly affected China's economy. China's exports, imports, and foreign direct investment (FDI) inflows declined, GDP growth slowed, and millions of Chinese workers reportedly lost their jobs. The Chinese government responded by implementing a $586 billion economic stimulus package and loosening monetary policies to increase bank lending. Such policies enabled China to effectively weather the effects of the sharp global fall in demand for Chinese products, but may have contributed to overcapacity in several industries and increased debt by Chinese firms and local government. China's economy has slowed in recent years. Real GDP growth has slowed in each of the past six years, dropping from 10.6% in 2010 to 6.7% in 2016, and is projected to slow to 5.7% by 2022.The Chinese government has attempted to steer the economy to a "new normal" of slower, but more stable and sustainable, economic growth. Yet, concerns have deepened in recent years over the health of the Chinese economy. On August 11, 2015, the Chinese government announced that the daily reference rate of the renminbi (RMB) would become more "market-oriented." Over the next three days, the RMB depreciated against the dollar and led to charges that China's goal was to boost exports to help stimulate the economy (which some suspect is in worse shape than indicated by official Chinese economic statistics). Concerns over the state of the Chinese economy appear to have often contributed to volatility in global stock indexes in recent years.The ability of China to maintain a rapidly growing economy in the long run will likely depend largely on the ability of the Chinese government to implement comprehensive economic reforms that more quickly hasten China's transition to a free market economy; rebalance the Chinese economy by making consumer demand, rather than exporting and fixed investment, the main engine of economic growth; boost productivity and innovation; address growing income disparities; and enhance environmental protection. The Chinese government has acknowledged that its current economic growth model needs to be altered and has announced several initiatives to address various economic challenges. In November 2013, the Communist Party of China held the Third Plenum of its 18th Party Congress, which outlined a number of broad policy reforms to boost competition and economic efficiency. For example, the communique stated that the market would now play a "decisive" role in allocating resources in the economy. At the same time, however, the communique emphasized the continued important role of the state sector in China's economy. In addition, many foreign firms have complained that the business climate in China has worsened in recent years. Thus, it remains unclear how committed the Chinese government is to implementing new comprehensive economic reforms.China's economic rise has significant implications for the United States and hence is of major interest to Congress. This report provides background on China's economic rise; describes its current economic structure; identifies the challenges China faces to maintain economic growth; and discusses the challenges, opportunities, and implications of China's economic rise.
Download or read book Hong Kong in the Shadow of China written by Richard C. Bush and published by Brookings Institution Press. This book was released on 2016-10-11 with total page 395 pages. Available in PDF, EPUB and Kindle. Book excerpt: A close-up look at the struggle for democracy in Hong Kong. Hong Kong in the Shadow of China is a reflection on the recent political turmoil in Hong Kong during which the Chinese government insisted on gradual movement toward electoral democracy and hundreds of thousands of protesters occupied major thoroughfares to push for full democracy now. Fueling this struggle is deep public resentment over growing inequality and how the political system—established by China and dominated by the local business community—reinforces the divide been those who have profited immensely and those who struggle for basics such as housing. Richard Bush, director of the Brookings Institution’s Center on East Asia Policy Studies, takes us inside the demonstrations and the demands of the demonstrators and then pulls back to critically explore what Hong Kong and China must do to ensure both economic competitiveness and good governance and the implications of Hong Kong developments for United States policy.
Download or read book Challenges of Growth and Globalization in the Middle East and North Africa written by Mr.Hamid R Davoodi and published by International Monetary Fund. This book was released on 2003-09-05 with total page 44 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Middle East and North Africa (MENA) is an economically diverse region. Despite undertaking economic reforms in many countries, and having considerable success in avoiding crises and achieving macroeconomic stability, the region’s economic performance in the past 30 years has been below potential. This paper takes stock of the region’s relatively weak performance, explores the reasons for this out come, and proposes an agenda for urgent reforms.
Download or read book China s Rise Challenges and Opportunities written by and published by Peterson Institute. This book was released on with total page 291 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Chinese Energy Futures and Their Implications for the United States written by George Eberling and published by Lexington Books. This book was released on 2011 with total page 199 pages. Available in PDF, EPUB and Kindle. Book excerpt: China's rise in the global arena is undeniably altering the global status quo. Its rise is closely linked to and reflected in its rising dependence on imported oil, adroit soft power, economic prowess and corresponding impressive economic growth, its military modernization, and its strategic engagement of the world as an alternative model of political and economic development. As the status quo changes, the United States theoretically becomes less influential politically, economically, and militarily, because China is skillfully harnessing and strategically exercising the elements of national power to acquire scarce oil energy resources in the Near East, Western Hemisphere, and Sub-Saharan Africa. Chinese Energy Futures and Their Implications for the United States, by George Eberling, examines how Chinese oil energy specifically will shape future Sino-American relations under conditions of dependency and non-dependency, and whether competition or cooperation for scarce energy resources will result. Eberling uses both scenario analysis and the PRINCE method to examine three possible Chinese oil energy futures: Competitive Dependency, Competitive Surplus, and Cooperative Surplus. Chinese Energy Futures also discusses and evaluates the strategic implications of these scenarios with respect to the United States.
Download or read book Challenge Or Opportunity written by United States. Congress. Senate. Committee on Foreign Relations. Subcommittee on Western Hemisphere, Peace Corps, and Narcotics Affairs and published by . This book was released on 2006 with total page 64 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Power of Renewables written by Chinese Academy of Engineering and published by National Academies Press. This book was released on 2011-01-29 with total page 256 pages. Available in PDF, EPUB and Kindle. Book excerpt: The United States and China are the world's top two energy consumers and, as of 2010, the two largest economies. Consequently, they have a decisive role to play in the world's clean energy future. Both countries are also motivated by related goals, namely diversified energy portfolios, job creation, energy security, and pollution reduction, making renewable energy development an important strategy with wide-ranging implications. Given the size of their energy markets, any substantial progress the two countries make in advancing use of renewable energy will provide global benefits, in terms of enhanced technological understanding, reduced costs through expanded deployment, and reduced greenhouse gas (GHG) emissions relative to conventional generation from fossil fuels. Within this context, the U.S. National Academies, in collaboration with the Chinese Academy of Sciences (CAS) and Chinese Academy of Engineering (CAE), reviewed renewable energy development and deployment in the two countries, to highlight prospects for collaboration across the research to deployment chain and to suggest strategies which would promote more rapid and economical attainment of renewable energy goals. Main findings and concerning renewable resource assessments, technology development, environmental impacts, market infrastructure, among others, are presented. Specific recommendations have been limited to those judged to be most likely to accelerate the pace of deployment, increase cost-competitiveness, or shape the future market for renewable energy. The recommendations presented here are also pragmatic and achievable.
Download or read book Taking Control of Oil written by Asian Development Bank and published by Asian Development Bank. This book was released on 2009-12-01 with total page 134 pages. Available in PDF, EPUB and Kindle. Book excerpt: This publication provides a comprehensive assessment of recent global oil price trends, the exposure of Pacific developing member countries to oil price increases and its implications for social and economic development in the region. It also offers a number of policy options for managing risks associated with heavy dependence on oil imports and proposes a path for diversifying the energy mix in Pacific developing member countries.
Download or read book The Fight for Influence written by Alexey Malashenko and published by Brookings Institution Press. This book was released on 2013-12-10 with total page 310 pages. Available in PDF, EPUB and Kindle. Book excerpt: Russian influence in Central Asia is waning. Since attaining independence, Kazakhstan, Kyrgyzstan, Tajikistan, Turkmenistan, and Uzbekistan have forged their own paths—building relationships with outside powers and throwing off the last vestiges of Soviet domination. But in many ways, Moscow still sees Central Asia through the lens of the Soviet Union, and it struggles to redefine Russian relations with the region. In The Fight for Influence, Alexey Malashenko offers a comprehensive analysis of Russian policies and prospects in Central Asia. It is clear that Russian policy in the formerly Soviet-controlled region is entering uncharted territory. But does Moscow understand the fundamental shifts under way? Malashenko argues that it is time for Russia to rethink its approach to Central Asia. Contents 1. Wasted Opportunities 2. Regional Instruments of Influence 3. Russia and Islam in Central Asia: Problems of Migration 4. Kazakhstan and Its Neighborhood 5. Kyrgyzstan—The Exception 6. Tajikistan: Authoritarian, Fragile, and Facing Difficult Challenges 7. Turkmenistan: No Longer Exotic, But Still Authoritarian 8. Uzbekistan: Is There a Potential for Change? Conclusion Who Challenges Russia in Central Asia?
Download or read book China s Energy Revolution in the Context of the Global Energy Transition written by Shell International B.V. and published by Springer Nature. This book was released on 2020-05-29 with total page 734 pages. Available in PDF, EPUB and Kindle. Book excerpt: This open access book is an encyclopaedic analysis of the current and future energy system of the world’s most populous country and second biggest economy. What happens in China impacts the planet. In the past 40 years China has achieved one of the most remarkable economic growth rates in history. Its GDP has risen by a factor of 65, enabling 850,000 people to rise out of poverty. Growth on this scale comes with consequences. China is the world’s biggest consumer of primary energy and the world’s biggest emitter of CO2 emissions. Creating a prosperous and harmonious society that delivers economic growth and a high quality of life for all will require radical change in the energy sector, and a rewiring of the economy more widely. In China’s Energy Revolution in the Context of the Global Energy Transition, a team of researchers from the Development Research Center of the State Council of China and Shell International examine how China can revolutionise its supply and use of energy. They examine the entire energy system: coal, oil, gas, nuclear, renewables and new energies in production, conversion, distribution and consumption. They compare China with case studies and lessons learned in other countries. They ask which technology, policy and market mechanisms are required to support the change and they explore how international cooperation can smooth the way to an energy revolution in China and across the world. And, they create and compare scenarios on possible pathways to a future energy system that is low-carbon, affordable, secure and reliable.
Download or read book National Security Consequences of U S Oil Dependency Report of an Independent Task Force written by John M. Deutch and published by Council on Foreign Relations Press. This book was released on 2006 with total page 92 pages. Available in PDF, EPUB and Kindle. Book excerpt: Findings: the U.S. energy system and the role of imported oil and gas -- Findings: how dependence on imported energy affects U.S. foreign policy -- Findings and recommendations: U.S. domestic energy policy -- Findings and recommendations: The conduct of U.S. foreign policy -- Additional view.
