Thursday, February 09, 2006

Energy reshapes China's priorities

On February 9, 2006, Dr. Wenran Jiang was interviewed by Seattel Times on China's global quest for crude oil.

Jiang described the country's energy grab as "driven by desperation." Already there are blackouts in major cities. If development hits a speed bump, the Communist Party in power may lose its grip if it can't deliver jobs and economic growth.

Although China's rise is often viewed negatively in the U.S., evidenced by political interference in the Unocal deal, perceptions of China are more positive elsewhere, Jiang said.

You can read the article here.

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