China's energy security moves it closer to the Middle East
Date: Sunday, May 11 @ 22:40:55 PDT
Topic: Public Policy; Political and Legal News
Energy consumption in China is growing as fast as the rapidly growing Chinese economy. China has changed from a net oil exporter to a net oil importer. In recent years, 40 to 50 percent of the oil that China consumes is imported. Of that, 60 percent comes from the Middle East. Saudi Arabia, Iran, Qatar and Sudan are the main suppliers.
Therefore China has a significant interest in the Middle East, and any changes in the situation there will affect China's energy security. It is only natural for energy factors to play a role in China's policy toward the Middle East.
DailyStar
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