Chinese oil strategy in the Arab world: Study on the Chinese and American play in the Arab world
The emergence of China is one of the major events of the end of 20th century. After the failure of the Maoist reign, the Popular Republic chose to operate with capitalism without changing mode. The last large country of communists knew that since the beginning of the year 1980, a strong economic growth was to be seen. By supposing that half of the Chinese population (approximately 700 million people) arrived at a level of development equivalent to that of the Occident, the Chinese interior market will be comparable with the meeting of the markets of the ALENA and the EU.
Growth rates have bordered on 10% per annum for 25 years. All this seem to favor China which became new the Eldorado of multinational firms. However, this promising giant has an ?Achilles heel' as well. China does not have sufficient oil resources to function its formidable economy. In 1993, China became an importing country of oil. It thus became very largely dependent on the zones of provisioning, in particular the Middle East. What are the geopolitical consequences of the bringing together of China with the exporting Arab oil countries? Is it likely to be opposed to the American strategies in the area?
If oil occupies an important place in the bringing together of Sino-Arabic relations, the construction of this new proximity involves geopolitical consequences which results in American reactions. Asia and China in particular, do not hold enough oil to meet their fantastic growth. According to Zheng Jingping, the Bureau of Statistics, China produced 170 million tons of oil and imports about 100 million tonnes. It produced 4.4% of world oil production. In Daqing, in Heilongjiang Province, which borders the Russian Far East, is the first historic area of extraction. But the main oil reserves of China are in the desert of Taklamakan, west of the country.
This was the most promising area. In spring 2004, the authorities were pleased to discover Shengli (Northeast, 2 billion barrels) and Gansu (3.2 billion) of new deposits. But these were only small pockets of difficult access. Off-shore deposits were also very promising, especially in the China Sea to the east. A few months ago, a new oil field was discovered in Bohai Bay (+ 28,000 b / d). All these fields were operated by major Chinese oil companies (China National Petroleum Corporation, China Petrochemical Corporation and China National Offshore Oil Corporation).
However, some oil wealth present in the area was subject to fierce diplomatic battle, especially between Japan and China. Indeed, on the diplomatic front, Beijing now has the means to play in Tokyo the role of regional leader. The land of discord has increased. The Siberian deposits are a subject of disagreement between the two countries. Those that exist in the China Sea to the east are more. In this area, whose sovereignty is claimed by both Beijing and Tokyo, there have been several military skirmishes. In November 2004, Coast Guard Japanese territorial waters chased a Chinese nuclear submarine near the Senkaku Islands.
Tags: Maoist reign, Popular Republic, American strategies, Bureau of Statistics, Bohai Bay, Chinese oil companies