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China's energy security: Perception and reality

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  • Leung, Guy C.K.

Abstract

China, now the world's second-largest economy, is worried about energy security, which underpins the core objectives of Beijing and the political legitimacy of the Communist Party of China. The purpose of this study is to explore certain popular myths about China's energy security. The study consists of six parts. After the introduction, it formulates the obscure concept of "energy security" and attempts to contextualize it with "Chinese characteristics." Then it explicitly points out that the largest driver of oil demand by China as the "World's Factory" is transport instead of industry. Next, it explores the effectiveness of transnational pipelines as a measure of energy security and explains why they are less effective than many observers have previously assumed. Furthermore, it investigates the global expansion of Chinese national oil companies and questions their actual contribution to energy security. A few concluding remarks then follow.

Suggested Citation

  • Leung, Guy C.K., 2011. "China's energy security: Perception and reality," Energy Policy, Elsevier, vol. 39(3), pages 1330-1337, March.
    • Handle: RePEc:eee:enepol:v:39:y:2011:i:3:p:1330-1337
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    References listed on IDEAS

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    1. Tao, Zaipu & Li, Mingyu, 2007. "System dynamics model of Hubbert Peak for China's oil," Energy Policy, Elsevier, vol. 35(4), pages 2281-2286, April.
    2. Leung, Guy C.K., 2010. "China's oil use, 1990-2008," Energy Policy, Elsevier, vol. 38(2), pages 932-944, February.
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