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OverviewA surge in demand for oil due to rapid economic growth and stagnation in domestic oil output has turned China into a net oil exporter since 1993. Faced with increasing reliance on imports to meet its domestic needs, China places a high priority on securing long-term stability of its oil supply in the next century. Hence a new oil development strategy focuses on boosting the domestic oil industry and exploiting overseas resources. In this regard, China has pursued an active ""oil diplomacy"" by signing international oil deals with a diverse range of nations from Central Asia, the Middle East, Africa and Latin America, in particular a series of deals worth US$6 billion with Kazakhstan, Iraq and Venezuela in June 1997. While the overseas ventures will no doubt facilitate China's integration with the world economy, such internationalization of China's oil industry will also carry significant geoeconomic and geopolitical implications for oil-consuming countries. This book looks at China's oil development strategy. Full Product DetailsAuthor: John Wong (Eai, Nus, S'pore) , Chee Kong Wong (Eai, Nus, S'pore) , Chee Kong Wong (Eai, Nus, S'pore)Publisher: World Scientific Publishing Co Pte Ltd Imprint: World Scientific Publishing Co Pte Ltd Volume: 7 ISBN: 9789810236403ISBN 10: 9810236409 Pages: 52 Publication Date: 19 August 1998 Audience: College/higher education , Professional and scholarly , Undergraduate , Postgraduate, Research & Scholarly Format: Paperback Publisher's Status: Active Availability: Out of stock The supplier is temporarily out of stock of this item. It will be ordered for you on backorder and shipped when it becomes available. Table of ContentsReviewsAuthor InformationTab Content 6Author Website:Countries AvailableAll regions |