China’s Energy Challenge: Regional and Global Implications
China is the world’s largest energy consuming country. Accompanying this is a fast growing economy, the second largest in the world. Over the coming decades, the rapid expansion of the Chinese economy is expected to continue, leading to bigger energy requirements for the country. Since 2009, China has become a net importer of all three types of fossil energy: oil, gas, and coal. The imports are growing fast. As such, the issue of energy security also looms large.
