Asia Times Online – News from greater China; Hong Kong and Taiwan

China: Hungry for power (and oil)

excellent background article on China’s “struggle for power”…or rather “energy”…

» Asia Times Online – News from greater China; Hong Kong and Taiwan: “HONG KONG – China’s energy crisis caused by shortages of coal and hydroelectric power is compounded by a worsening oil shortfall. Though the world’s fifth-largest oil producer, China has fallen from being a net oil importer in 1993 to becoming the world’s fastest-growing importer. Its estimated exploitable oil reserves would last about a week.

The energy crisis has sounded a national alarm, requiring China’s leadership to confront the power famine head-on, review its energy policies and develop a long-term, sustainable energy policy. “

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