China lays its stake on Central Asia

News Type: Event — Seeded on Fri Jan 4, 2008 8:48 AM EST

world-news, china, oil, gas, pipeline, caspian

Much ado about oil
Just like the spice trade of yore where adventurers dared flinging themselves in the uncharted world for the sake of country and above all for the business of spice, it seems China is no different with the lure of spice replaced by the hunt for oil. China is the second largest importer of oil in the world with a mission to lay the groundwork for stabilizing its energy security in the future.

China goes West
China seems to be in luck as it not need to look far to find the solution to their oil needs. Central Asia is practically the country's backyard with no less than the oil-rich bounty of the Caspian Sea up for the taking. In addition, the area's landlocked proximity to the country makes oil delivered by pipeline less susceptible to any foreign military intervention to block China's energy supplies.

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{"commentId":1332969,"authorDomain":"PamelaDrew"}

Pamela Drew

What I always wonder is how much of the China investment is held by the Bonesmen that followed Nixon to open the trade. Carlyle and the petrochemical groups all have a chunk of the business operations and profit from the growth. It gets very challenging with so many different lines to see what the line is between benefit in the name of a Nation and benefit to corporate interests hidden in that agenda. Just musing Ispy, it is always curious to me when corporations have so much of the power and wealth to imagine the lines redrawn by who is really holding what.

{"commentId":1332969,"threadId":"198506","contentId":"1203483","authorDomain":"PamelaDrew"}

3 votes

#1 - Sat Jan 5, 2008 7:48 PM EST

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China lays its stake on Central Asia

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