The Domestic Dynamics of China's Energy Diplomacy

The Domestic Dynamics of China's Energy Diplomacy

eBook - 2016
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World Scientific Pub Co Inc
Since the beginning of the 21st century, China's energy diplomacy has been expanding rapidly and the country is searching for energy resources worldwide. This movement has not only improved China's energy security and international relations, but also enabled the Chinese national oil companies (NOCs) to access new investment markets and implement development strategies. The Chinese government and the NOCs need each other's support to realise their respective interests. The interaction between the government and the NOCs will have a critical influence on China's energy diplomacy. The Domestic Dynamics of China's Energy Diplomacy explores the long-neglected domestic dynamics of China's energy diplomacy, in particular the interaction of national and corporate interests. It argues that the convergence of national and corporate interests is the key momentum of China's energy diplomacy. It observes that the government–NOC relationship has been evolving with China's economic and enterprise reform. Finally, it tests the empirical evidence of the domestic dynamics of China's energy diplomacy against the three mainstream international political economy theories, showing their merits and shortcomings in explaining the phenomenon, before providing an alternative conceptualisation of the movement.

Book News
While China’s rise has coincided with a dramatic increase in consumption of energy resources, particularly oil and natural gas, domestic energy production lags behind. Thus, China’s energy diplomacy is developing apace as China searches for oil and natural gas resources worldwide. This study examines the key domestic dynamics of China’s energy diplomacy, particularly the interaction between the national and corporate interests behind the movement. Zhang argues that the Chinese government and Chinese national oil companies (NOCs) are two equally important players in the game and neither of them should be underestimated. Annotation ©2016 Ringgold, Inc., Portland, OR (protoview.com)

Publisher: Singapore ;, Hackensack, NJ :, World Scientific Publishing Co. Pte. Ltd.,, [2016]
ISBN: 9789814696746
9814696749
9789814696739
9814696730
Characteristics: 1 online resource

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