Economy, industrial, investment growth has always created urban growth but an increased demand for oil to main energy the development engine, because oil is a limited resource with several distinctive energy traits, because of its energy creating property it has cause worldwide competition for oil resources, there are other energy sources but oil is the most efficient and generates the most power. In order to gain access and control of the oil resources, some countries resort to realist approaches such as, the United State launching and having military presences in the Middle East during Iraq War. East Asia countries also competed intensely for with realist approaches for Russia’s eastern oil pipelines. Major oil producing hubs in the world are going through “political turbulence and social disorder” (Oil Security Reshapes China’s Foreign Policy) which has become a breeding ground for non-state actor, who use terrorist attacks to display their messages. Because these terrorist are expanding outside of their central area and targeting oil reserves, the importance of oil cannot be over-looked especially with very dependent countries like China. The issue of worldwide energy security threat has stirred global attention.
China in the last decade has been going under one of the fastest industrial developments in history, with their claims of wanting to build several New York size cities throughout the country, China plans to connect the whole country though the rail system to unify and bring industry to the country as a whole. China biggest growth is in the transportation and textile industry, and in order for the growth to be sustained China relies heavily on the oil important. Even though China relies heavily on outside imports, ch...
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...then China would invest more, it’s a balance because African government receive investments and China can’t be blamed for faulty equipment. In summary, china could maintain its hands of approach and still import oil from Africa if it updates its terms to out to both sides.
China, has effective policies in certain area such as the Brazil but least effective terms in contracts with Africa, China also need to show its ability as a realist state, by showing that it’s willing to protecting its interest even in times of political dismay. Because there are chances that oil can be situated in areas populated with people, this creates a situation that oil policy and foreign policy are borderline with each other. China typically keeps a “hands-off” approach local affair but if the local affair jeopardies national interest then China needs to adapt a “hands-on” approach.
America is dependent on other nations for their ability to create energy. The United States is the world’s largest consumer of oil at 18.49 million barrels of oil per day. And it will continue to be that way for the foreseeable future considering the next largest customer of oil only consumes about 60% of what the U.S. does. This makes the U.S. vulnerable to any instability that may arise in the energy industry. In 2011, the world’s top three oil companies were Saudi Aramco (12%), National Iranian Oil Company (5%), and China National Petroleum Corp (4%). The risk associated with these countries being the top oil producers is twofold. One, they are located half way around the world making it an expensive to transport the product logistically to a desired destination. And two, the U.S. has weak, if not contentious,...
Aside from causing a major shift in geopolitical power, WWII also solidified the integral role oil played politically in national security. However, following the war the United States was no longer the world’s largest oil producer and was unable to maintain self-sufficiency as it had in the past. As a national security imperative oil was more important at this point than ever before. America’s war machine needed to be well oiled in case the new Cold War suddenly turned hot.
China's Ultimate Goal of Returning to the Middle Kingdom China is aiming to regain its position as ‘The Middle Kingdom’, the center of the world. They wish to become a major political player through their military and economic prowess. They aim to gain the strength to flex their political will throughout the world. I believe their goal is to become united once again as ‘One China’. When China totally regains its territories, such as Hong Kong, they plan on being a dominant world power once again.
One of the many byproducts of globalization has been the surge of free trade agreements, bilateral trade agreements, and regional trade agreements signed internationally as markets respond to increased global demand. Despite China and Nigeria signing bilateral trade agreements, it is clear that China has benefitted more from this relationship than has Nigeria, at least in the short-run. If Nigeria is to increase its economic development and decrease corruption amongst the political elite, promote good governance and effective monetary policies, it would be able to use the current influx of Chinese money from oil revenue to develop into a hub for numerous foreign investors venturing into the African market. In this paper we examine whether the association between these two countries should be considered neo-colonial exploitation by a global super power or a mutually beneficial relationship for emerging economies based on vital commodities such as crude oil.
policies or does not educate its citizens, then if rich natural resources like oil would be available
...st and stand in the world. It is predicted that China will one day be the largest economy growing country in world. They continually growing and rebalancing their world to be the best. The growth of economy will depend on the Chinese government comprehensive economic reforms that more quickly accelerate in China transition to a free market economy. The consumer demand, rather than exporting the main engine of economic growth; boost productivity and innovation; address growing income disparities; and enhance environmental. (Morrison, 2014,para2)
Generally, China has the same motivations to take part in Africa as do other real remote on-screen characters. Beijing needs African oil to enhance its vitality imports keeping in mind the end goal to protect the sound advancement of its economy, and obliges other characteristic assets to maintain producing capacities. Chinese organizations, like their European and American partners, additionally see guaranteeing open doors in coddling African markets. Anyway their separate systems commonly vary on numerous records. China's interest for common assets consolidated with its procedure to expand vitality imports and recognize new markets has brought about quickly expanding Chinese speculations in Africa. In the meantime, Chinese organizations been less hesitant than some of its Western partners as far as creating business engages in nations grieved by inside clash. This implies that China has an obvious need to secure its diversions in Africa. Intere...
Additionally, China has been one of the crucial parts of Chevron Corporation for 100 years since they started trading Kerosene with Shanghai’s. Chevron Corporation mainly depends on China’s Chuandongbei project which provides them with territories and an area to obtain natural gases, allowing for manufacturing and production to occur; hence, it is the initiative step in the process of supply chain. According to Crouching TIGER What CHINA’S MILITARISM Means for the WORLD by Peter Navarro claims that China’s quick development massively relies on subsidized exports to fuel its growth which in turn allows Chevron to utilize the resources to its advantage for its supply chain and illustrates that Chevron depends on the global supply and delivery chain for its abundant supplies (Navarro 29). Trade between the two countries tends to strengthen the special partnership between China and the Chevron Corporation. Furthermore, they have signed a production sharing contract (PSC) with China Natural Petroleum Corporation (CNPC) for the joint development of the Chuandongbei natural gas area in the Sichuan Basin in southwest China.
From the 1970s, there has been a wave of liberalization in China, which was introduced by Deng Xiaoping. This is one of the key reasons to the rise of China to be one of the economic giants in the world. In the last 25 years of the century, the Chinese economy has had massive economic growth, which has been 9.5 percent on a yearly basis. This has been of great significance of the country since it quadrupled the gross domestic product (GDP) of the country thus leading to saving of 400 million of their citizens from the threats of poverty. In the late 1970s, China was ranked twentieth in terms of trade volumes in the whole world as well as being predicted to be the world’s top nation concerning trading activities (Kaplan, 53). This further predicted the country to record the highest GDP growth in the whole world.
From the beginning of their establishment, the bilateral relations between the United States of America and China have changed throughout the time. The bilateral relations of the two countries emerged from 1970’s with the ‘Ping-Pong’ diplomacy and there have been many pauses in their mutual relations. The US and China enjoyed cooperation in economic and military spheres and the mutual relations grew massively during until the end of 1990’s. The heads of the two states began visiting each other’s countries and the economic ties were tightening year by year. However, the issues of human rights and free speech declined mutual Sino-American relations. The American principle of democracy promotion and human rights protection minimized the Sino- American relations after the Tiananmen Square events in 1989, the US Presidents-George Bush and Bill Clinton- playing a key role in determining the further American foreign policy towards China.
...ts out “… post-Tiananmen Square China remembered that Africa was a very useful support constituency if and when Beijing was in dispute with other global actors…” In the 1990s and the beginning of the new millennium, as China’s incorporation into the global economic intensified, along with its remarkable economic performance vis-à-vis the major economic powers, Africa became an appealing arena for resources and markets for this new economic power. China’s government seems to have made the strategic calculation of expanding its foreign direct investment into Africa to rely on its vast resource wealth. From a geo-economic perspective, the African continent presented opportunities for China’s extractive industries to meet the country’s resource needs. China has limited resources of oil and gas, accounting for only 2.3 and 0.9 per cent respectively (Nolan, 2004, p.246).
...for the countries. In fact it has invested a lot of money in those countries, most of it goes back to the investors due to unequal trade agreements and the overflowing of the African markets with Chinese goods. While case studies of Zimbabwe and South Africa should not be used to get a general idea for the whole African country, I believe this shows the impacts of such partnership can have. Currently, South Africa is a richer and more politically stable country than Zimbabwe, I would have thought the pattern and the effects of the Chinese investments in that country would be different. However, I have found similar problems. Both of the countries suffered from high levels of inflation and unemployment. However, China has been constantly involved in the states’ affairs, conducting questionable activities that goes against human rights and the “state’s sovereignty”.
The rise in China from a poor, stagnant country to a major economic power within a time span of twenty-eight years is often described by analysts as one of the greatest success stories in these present times. With China receiving an increase in the amount of trade business from many countries around the world, they may soon be a major competitor to surpass the U.S. China became the second largest economy, last year, overtaking Japan which had held that position since 1968 (Gallup). China could become the world’s largest economy in decades.
China's development is praised by the whole world. Its developments are not only in the economic aspect, but as well in its foreign affairs. Compared with other developed countries, China is a relatively young country. It began constructing itself in 1949. After 30 years of growth, company ownership had experienced unprecedented changes. Entirely, non-state-owned companies can now be more involved in sectors that used to be monopolized by state-owned companies.
With the end of the Cold War emerged two superpowers: The United States and the Soviet Union. The international system then was considered bipolar, a system where power is distributed in which two states have the majority of military, economic, and cultural influence both internationally and regionally. In this case, spheres of influence developed, meaning Western and democratic states fell under the influence of U.S. while most communist states were under the influence of the Soviet Union. Today, the international system is no longer bipolar, since only one superpower can exist, and indisputably that nation is the United States. However China is encroaching on this title with their rapid growth educationally, economically, and militaristically.