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China's Quest for Energy Security

2000-12-05
China's Quest for Energy Security

Author: Erica Strecker Downs

Publisher: Rand Corporation

ISBN: 9780833048325

Category: Political Science

Page: 82

View: 465

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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.

China’s Search for Energy Security

2014-06-11
China’s Search for Energy Security

Author: Suisheng Zhao

Publisher: Routledge

ISBN: 9781317981190

Category: Social Science

Page: 257

View: 866

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China’s rapid economic growth in the recent decades has produced an unprecedented energy vulnerability that could threaten the sustainability of its economic development, a linchpin to social stability and ultimately the regime legitimacy of the Chinese Communist Party (CCP) as well as the foundation for China's rising power aspirations. What is the Chinese perception of the energy security and challenges, how has the Chinese government responded to the challenges? What are the international implications of China’s search for energy security? This collection of contributions by leading scholars seeks answers to these extremely important questions. The book is divided into three parts. Part I presents an overview of China’s sense of energy security and its strategic responses. Part II examines China’s energy policy-making processes, the efforts to reform and reorganize the energy sector and reset policy priorities Part III focuses on the international implications of China’s search for energy security. This book consists of articles published in the Journal of Contemporary China.

China’s Search for Energy Security

2014-06-11
China’s Search for Energy Security

Author: Suisheng Zhao

Publisher: Routledge

ISBN: 9781317981206

Category: Social Science

Page: 224

View: 998

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China’s rapid economic growth in the recent decades has produced an unprecedented energy vulnerability that could threaten the sustainability of its economic development, a linchpin to social stability and ultimately the regime legitimacy of the Chinese Communist Party (CCP) as well as the foundation for China's rising power aspirations. What is the Chinese perception of the energy security and challenges, how has the Chinese government responded to the challenges? What are the international implications of China’s search for energy security? This collection of contributions by leading scholars seeks answers to these extremely important questions. The book is divided into three parts. Part I presents an overview of China’s sense of energy security and its strategic responses. Part II examines China’s energy policy-making processes, the efforts to reform and reorganize the energy sector and reset policy priorities Part III focuses on the international implications of China’s search for energy security. This book consists of articles published in the Journal of Contemporary China.

China's International Quest for Oil Security

2006
China's International Quest for Oil Security

Author: Jeremy Martin Kimball

Publisher:

ISBN: OCLC:913126440

Category:

Page: 156

View: 509

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China's flourishing economy depends upon access to and greater use of energy resources, especially oil. Consequently, energy security has become of paramount importance to the Chinese government. China, however, perceives a reliance on international oil markets as dangerous and also considers itself vulnerable to the United States, which could conceivably restrict oil imports to China in a time of conflict. In order to enhance China's energy security, Chinese oil companies have sought to obtain oil resources throughout the world, and Beijing has cultivated closer relations with various oil-producing nations. China's heightened demand for oil and its efforts to secure access to oil resources are worrisome to the United States. Fears largely stem from the idea that increased consumption by both the United States and China will inevitably lead to fiercer competition between the two nations and result in a zero-sum game in which a gain for one country comes at the expense of the other country. Anxiety in the United States also is based upon the notion that, as China exerts greater influence around the world through its economic expansion and as it establishes closer bonds with oil-producing nations, China will undermine American interests and foreign policy objectives. Not all concerns regarding China are inflated, but many of them are. Indeed, China's rise will pose certain challenges to American influence and supremacy in some regions, and China's relationships with states that the United States would like to isolate are troublesome. It is important, however, for the United States to be selective in its criticisms of China. Unsubstantiated apprehension will lead to counter-productive policies with respect to China, which, in turn, will alienate China and render other attempts to support American interests fruitless. China's acquisitions of oil resources do not inherently contravene American energy security interests. Thus, the United States should not fret about China's pursuit of oil. The United States should continually reaffirm its professed faith in free markets, including their ability to provide energy security, and in that way allay Chinese concerns about its own vulnerability. If the United States can set aside its uneasiness about China's quest for oil, it can more effectively address Chinese actions that directly and negatively affect American interests and also recognize that opportunities for mutual gain and cooperation abound.

China and India

2017-07-05
China and India

Author: Hong Zhao

Publisher: Routledge

ISBN: 9781351572019

Category: Business & Economics

Page: 257

View: 210

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The book sheds understanding on the relations between development and global energy security by looking at China and India. It addresses the following issues: what is the new definition of energy security? How does it affect global politics and international relations? What are the energy security concerns of China and India, and what policies and approaches have they taken to deal with energy security issues? Since China and India are searching for oil and gas in the Middle East, Africa, and Southeast Asia, would their acquisition efforts conflict with the interests of other energy giants such as the U.S., Japan, and would their growing overseas activities challenge U.S. policy in those energy-rich regions?The book provides insight into what the new global energy order may be and how the growth models and energy structures may shape the economic growth and energy. It analyzes both the state-centered approach and market-oriented approach in the global quest for energy resources. It also examines how China and India can adopt a cooperative approach for beneficial relations. The book will be of interest to anyone who is keen to learn how the World especially U.S.A. can accomodate and adapt to the new global energy dynamics and on China and India as new players in global energy markets.

Security and Profit in China’s Energy Policy

2013-11-19
Security and Profit in China’s Energy Policy

Author: Øystein Tunsjø

Publisher: Columbia University Press

ISBN: 9780231535434

Category: Political Science

Page: 336

View: 440

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China has developed sophisticated hedging strategies to insure against risks in the international petroleum market. It has managed a growing net oil import gap and supply disruptions by maintaining a favorable energy mix, pursuing overseas equity oil production, building a state-owned tanker fleet and strategic petroleum reserve, establishing cross-border pipelines, and diversifying its energy resources and routes. Though it cannot be "secured," China's energy security can be "insured" by marrying government concern with commercial initiatives. This book comprehensively analyzes China's domestic, global, maritime, and continental petroleum strategies and policies, establishing a new theoretical framework that captures the interrelationship between security and profit. Arguing that hedging is central to China's energy-security policy, this volume links government concerns about security of supply to energy companies' search for profits, and by drawing important distinctions between threats and risks, peacetime and wartime contingencies, and pipeline and seaborne energy-supply routes, the study shifts scholarly focus away from securing and toward insuring an adequate oil supply and from controlling toward managing any disruptions to the sea lines of communication. The book is the most detailed and accurate look to date at how China has hedged its energy bets and how its behavior fits a hedging pattern.

China's Energy Security in the Twenty-First Century

2023-03-13
China's Energy Security in the Twenty-First Century

Author: Kaho Yu

Publisher: Hong Kong University Press

ISBN: 9789888805631

Category: Political Science

Page: 145

View: 579

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Kaho Yu’s China’s Energy Security in the Twenty-First Century: The Role of Global Governance and Climate Change explores the evolution of China’s energy security from its bilateral going-out strategy to its more multilateral Belt and Road Initiative. By analysing the topic from a multidisciplinary perspective, this book examines China’s evolving role in global energy governance through four empirical case studies: China’s energy cooperation with Russia and Central Asia, Africa, the European Union, and the Asia Infrastructure Investment Bank. “Kaho Yu has written a splendid overview of China’s efforts to engage in bilateral cooperation to ensure greater energy cooperation between countries in central Asia, Africa, and Europe and improve global supply chains. This book could not come at a more opportune moment, as the world seems to be undecided on the efficacy of cooperative multilateralism to enhance climate and energy goals.” —Henry Lee, Director of the Environment and Natural Resources Program, Belfer Center for Science and International Affairs, Harvard Kennedy School “Despite profound changes in technology and the economy since the Industrial Revolution, energy remains central to both economic prosperity and international security. Economic development is plain energy-intensive. The world’s largest, richest country is still developing. The planet is embroiled in geopolitical rivalry. The geographical distribution of critical minerals is skewed. All these mean energy security will be a profoundly important challenge in the century ahead. Yu’s book provides exactly the substantive, thoughtful research that we will need to begin to unpack these issues.” —Danny Quah, Li Ka Shing Professor in Economics, Lee Kuan Yew School of Public Policy, National University of Singapore

China’s Energy Security and Relations With Petrostates

2021-07-26
China’s Energy Security and Relations With Petrostates

Author: Anna Kuteleva

Publisher: Routledge

ISBN: 9781000406320

Category: Political Science

Page: 164

View: 625

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This book examines the development of bilateral energy relations between China and the two oil-rich countries, Kazakhstan and Russia. Challenging conventional assumptions about energy politics and China’s global quest for oil, this book examines the interplay of politics and sociocultural contexts. It shows how energy resources become ideas and how these ideas are mobilized in the realm of international relations. China’s relations with Kazakhstan and Russia are simultaneously enabled and constrained by the discursive politics of oil. It is argued that to build collaborative and constructive energy relations with China, its partners in Kazakhstan, Russia, and elsewhere must consider not only the material realities of China’s energy industry and the institutional settings of China’s energy policy but also the multiple symbolic meanings that energy resources and, particularly, oil acquire in China. China’s Energy Security and Relations with Petrostates offers a nuanced understanding of China’s bilateral energy relations with Kazakhstan and Russia, raising essential questions about the social logic of international energy politics. It will appeal to students and scholars of international relations, energy security, Chinese and post-Soviet studies, along with researchers working in the fields of energy policy and environmental sustainability.