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|Other Titles:||China's Oil Strategy and Its Implications for Africa|
China;oil supplies;energy security;Sino-African relations
|Issue Date:||2016-05-04 15:53:33 (UTC+8)|
Since 1993, the People’s Republic of China (PRC) encountered a serious oil supply problem because of its rapid economic and population growth and its inefficient use of energy. After 1996, the PRC became a net importer of crude oil. It is forecasted that the gap between oil supply and demand in China will reach 3 million b/d in 2010. This oil deficit has national security implications for China. Africa can help mitigate this situation for China. Presently, Africa supplies 25% of China’s crude oil imports. Chinese investment in Sudan’s oil fields already represents 50% of the production among the overseas sources that the PRC owns. China’s oil exploration and exploitation (especially in Sudan) shows an angle of China’s diplomacy: in order to obtain the stable source of crude oil, all necessary means should be mobilized. This energy factor forms an important element of China’s diplomatic strategy. Thus, at times, the PRC plays a role of political advocate for some rogue states such as Sudan in the international community with the objective to converge the interests of both counties to make them mutually beneficial. Through these relationships, the PRC is able to take advantage of Western oil companies’ absence and gain an opportunity for further oil supplies. This approach is a result of a complex relationship of client and ally. It is a new phenomenon of Chinese foreign policy in the post-cold war era.
Issues & studies
|Appears in Collections:||[Issues & Studies] Articles|
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