China's Search for Energy Security and Implications for the U.S
In the face of growing energy shortages and rising oil import dependence China has embarked on a global search for secure energy supplies and transport routes, in the process raising a number of serious U.S. policy concerns and new tensions in U.S.-China relations. Kenneth Lieberthal and Mikkal Herberg, co-authors of a new study by The National Bureau of Asian Research will discuss key aspects of China's outward energy expansion, implications for the U.S., and recommendations for U.S. policy to prevent energy from becoming a more serious source of tension in U.S.-China relations. China's energy shortages and rising import dependence have led it to pursue what many in the U.S. believe is a zero-sum energy strategy, dominated and subsidized by the the government, which threatens to disrupt global oil markets, and allies China closely with dubious supplier regimes. China sees the U.S. as the dominant power in global energy markets and geopolitics out to exploit China's energy weakness and deny it access to needed energy supplies, in a further effort at "containment" of China. How can these tensions be reconciled and managed? Is China's energy thrust outward a major threat to U.S. interests?