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China's oil diplomacy: is it a global security threat?

Lai, Hongyi

Authors

Hongyi Lai



Abstract

China is now the world's second largest oil consuming nation. China's external quest for oil has thus generated much attention and is believed by many to destabilise the world order. This article attempts to provide an overview of China's external initiatives for satisfying domestic oil demands and to examine the implications of China's oil diplomacy on regional and global political stability. The article suggests that China has taken three steps to satisfy its growing domestic demand for oil—expanding overseas oil supplies from the Middle East, diversifying its importing sources by reaching out to Africa, Russia, Central Asia and the Americas, and securing oil transport routes. This article argues that China's oil diplomacy strengthens its ties with oil-producing nations and complicates those with oil-importing nations. Nevertheless, contrary to pessimistic predictions, China's oil diplomacy has neither upset the USA's fundamental policies towards Iraq and Iran, nor has it generated armed clashes in the South China Sea. China has largely accommodated the USA in these areas and has forged joint efforts in energy exploration with its Asian neighbours, except for Japan. China's benign oil diplomacy can be explained by the minor role of oil imports in its energy consumption and, more importantly, by China's peaceful-rise strategy.

Journal Article Type Article
Publication Date Apr 1, 2007
Journal Third World Quarterly
Print ISSN 0143-6597
Electronic ISSN 1360-2241
Publisher Taylor & Francis (Routledge)
Peer Reviewed Peer Reviewed
Volume 28
Issue 3
APA6 Citation Lai, H. (2007). China's oil diplomacy: is it a global security threat?. Third World Quarterly, 28(3), doi:10.1080/01436590701192645
DOI https://doi.org/10.1080/01436590701192645
Publisher URL http://www.tandfonline.com/doi/abs/10.1080/01436590701192645
Copyright Statement Copyright information regarding this work can be found at the following address: http://eprints.nottingh.../end_user_agreement.pdf
Additional Information This is an Accepted Manuscript of an article published by Taylor & Francis in Third World Quarterly on 13/04/2007, available online: http://www.tandfonline.....1080/01436590701192645

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Copyright Statement
Copyright information regarding this work can be found at the following address: http://eprints.nottingham.ac.uk/end_user_agreement.pdf





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