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Challenges to China's Energy Security

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  • Chao Yang Peng

Abstract

Energy security is of increasing concern to China. This arises from the rapid growth and non-substitutability of China's energy demand, the perceptible downturn in China's energy production, and competition for energy imports from neighbouring East Asian economies. This paper explores some of the processes and factors that affect energy demand and supply in China and considers their implications for China's trade in energy and for the energy policies of both China and its trade partners. The analysis shows that China will increasingly depend on the rest of the world as both an export market and a source of raw materials such as energy. Further economic reforms and the development of a liberal and transparent policy environment that allows fluid trade and investment in the Asia Pacific region are essential for energy security in China and in the region.

Suggested Citation

  • Chao Yang Peng, 1996. "Challenges to China's Energy Security," Chinese Economies Research Centre (CERC) Working Papers 1996-08, University of Adelaide, Chinese Economies Research Centre.
    • Handle: RePEc:adl:cercwp:1996-08
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    File URL: https://media.adelaide.edu.au/economics/papers/cerc/cercwp1996-08.pdf
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    References listed on IDEAS

    as
    1. Christopher Findlay & Andrew Watson, 1996. "Economic Growth and Trade Dependency in China," Chinese Economies Research Centre (CERC) Working Papers 1996-05, University of Adelaide, Chinese Economies Research Centre.
    2. Sicular, Terry, 1988. "Plan and Market in China's Agricultural Commerce," Journal of Political Economy, University of Chicago Press, vol. 96(2), pages 283-307, April.
    3. Chen Chunlai, 1996. "Recent Developments in Foreign Direct Investment in China," Chinese Economies Research Centre (CERC) Working Papers 1996-03, University of Adelaide, Chinese Economies Research Centre.
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    Cited by:

    1. Yue Ma & Shu Kam Lee & Hing Lin Chan, 2003. "Estimating Firm Behavior under Rationing: a Panel Data Study of the Chinese Manufacturing Industry," Journal of Chinese Economic and Business Studies, Taylor & Francis Journals, vol. 1(2), pages 221-244.
    2. Anderson, Kym & Peng, Chao Yang, 1998. "Feeding and fueling China in the 21st century," World Development, Elsevier, vol. 26(8), pages 1413-1429, August.

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