Increasing Oil Demand in China-Rising Risks and International Consequences

Columbia University's Elizabeth Wishnick will be speaking at the Woodrow Wilson International Center for Scholars.

Speaker:
Elizabeth Wishnick - Public Policy Scholar, Woodrow Wilson Center
Montclair State University and Columbia University

Although the international community tends to focus on the consequences of China’s rise, the weaknesses of the Chinese political and economic system also pose daunting challenges domestically and internationally. While successful in achieving rapid and sustained economic growth, China faces significant risks from increasing domestic demand for oil and its shipment through the Malacca Straits. At a time of instability in the Middle East and rising oil prices, China’s ability to manage its own growing appetite for oil raises many questions for its Asian neighbors and the United States.  How does China manage its oil supply and transportation risks? How do these strategies affect the security of neighboring states in the Asia-Pacific region? Does China’s involvement in the global oil market and in cross-border oil pipeline projects create incentives for greater integration and make conflict over oil less likely?  What is the impact of China’s engagement with global and regional energy institutions? How do domestic factors shape China’s approach to managing its risks from increasing oil demand?

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