Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/121209 
Year of Publication: 
2010
Series/Report no.: 
FIW-Research Reports No. 2009/10-03
Publisher: 
FIW - Research Centre International Economics, Vienna
Abstract: 
China is a rising global power with a growing role and impact on the world's energy markets as well as on the Earth's climate system. China pursues its development in an essentially non-confrontational manner, a vision encapsulated by the notion of peaceful rise which is viewed positively in the world's major capitals. Nevertheless, China's rapid growth represents a genuine global challenge and raises many questions. How is China dealing with its growing need for imported crude oil? What is the impact of China's rise on the global oil market, notably in terms of oil price developments? Are Chinese actions on oil markets different from those of other major importers? What opportunities and risks arise as a result of china's growing role on the global oil market from the viewpoint of other global players? In this report we seek to offer some answers to those questions with a review of China's developing energy policy, of the actions and revealed preferences of its national oil companies, and of broader economic and geopolitical analyses of the impact of China's growing oil consumption on other global players.
Subjects: 
Crude oil
energy security
oil security
China
foreign oil policy
JEL: 
Q34
Q41
Q47
Q48
Document Type: 
Research Report

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