September 20, 2004

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Mouse and elephant

You want to know what scares China? This. The one thing China hates about its position in the world is its reliance on overseas sources of energy and particularly oil. That is why it has gone to such huge lengths to win over a massive Russian oil pipeline against tough competition that suffers a simliar complex: Japan. It leads to rushed messages of reassurance from China's Government that "everything's OK" and "we trust the Russians" because really they have no other choice. It also explains why China is so reluctant to back sanctions against Sudan over Darfur.

posted by Simon on 09.20.04 at 02:43 PM in the




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The only way is up
Excerpt: Like it or not, oil is the lifeblood of economies. Countries such as China, growing rapidly but without much in the way of resources itself, know that it remains their Achilles heel. China is now taking the next natural step in protecting and diversify...
Weblog: Simon World
Tracked: September 21, 2004 10:39 AM


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