Written by Dan Blumenthal, a resident fellow in Asian studies at the American Enterprise Institute, from AEI Online: The tremendous increase in China’s appetite for energy, and the response to this by regional powers, is changing the dynamics of international politics. Over the past two decades, the growth in China’s demand for natural resources has been dramatic. Twenty years ago China was East Asia’s largest oil exporter; now it is the world’s second largest oil importer. According to various estimates, in the last two years the increase in China’s energy demand has made up anywhere from 20-40 percent of worldwide growth. China’s expanding portion of the worldwide demand for energy and other natural resources helps to explain China’s booming presence on the international stage. China’s share of worldwide aluminum, nickel,...
[read full story]
Your Web Site
