This authoritative book on China's oil demand and government
policies and practices rests on two essential foundations: first
and foremost on the author's considerable knowledge of China's oil
situation and prospects, together with his access to Chinese energy
literature and data; and secondly, on that insight afforded to him
and, therefore, his readers from his fluency in Chinese.
The author analyzes the Chinese oil market and the rising
pressure on Beijing to reform policies which constrain China's
ability to meet soaring demand and to pay for crucial imports at a
time of growing political and economic uncertainties. Dr Wang
acknowledges the importance of China meeting its growing domestic
oil demand, if at all possible, through national production. The
sheer weight of China's population, and its burgeoning requirements
as industrialization spreads into most regions, dwarfs the needs of
others and places unprecedented strain on international oil
trades.
The author stresses the fact that the outcome is hard to define,
yet the time required to tackle the nation's energy needs is not
limitless. Moreover, he reminds the reader of the perennial
difficulty in meeting widely disparate economic and energy needs in
different regions of the vast country.
General
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