• Remigiusz Rzepka
Peoples Republic of China is at the moment a net-importer of all of the popular fossil fuels such as oil, gas and coal and the prediction is that the near and far future will not change that and even intensify the imports of this essential resources to continue the economic growth that is one of the strong points of Party legitimacy. For some, this dependency on foreign fuels is not a safe one and bring the demons of the past – a Western domination. To tackle this problems CCP is trying to establish its own National Oil Companies to be their far reaching arm in gaining predominantly oil from the global markets, but it seems that it does not have the wanted effects for number of reasons and thus endangering its own position in security of energy. The importance of energy security is growing worldwide but is treated as a priority in PRC but there is many problems that it has to encounter. Throughout the paper it will be established why China energy security issue is characteristic only for this country as it tries to implement different approaches in how to deal with its growing economy.
SpecialisationChina and International Relations
LanguageEnglish
Publication date18 May 2015
Number of pages41
ID: 212283814