Oil In China: From Self-reliance To Internationalization

Oil In China: From Self-reliance To Internationalization PDF

Author: Tai Wei Lim

Publisher: World Scientific

Published: 2009-08-21

Total Pages: 184

ISBN-13: 9814467774

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This book examines the political and conceptual metamorphosis of China's oil industry from self-reliance to internationalization. Through the empirical case study of Daqing, the premiere oilfield of the People's Republic of China (PRC) for most of the postwar period and a symbol of industrialization as well as self-reliance, key historical developmental concepts and events are analyzed. Japan's role in stimulating the development of the China's oil industry will also be highlighted as the Japanese government and its business sectors emerged as a supplier of technology and equipment to the Chinese oil industry as well as China's first major oil customer in the early internationalization phase of the PRC's oil industry.

China's Oil Future

China's Oil Future PDF

Author: Randall W. Hardy

Publisher: Routledge

Published: 2019-03-13

Total Pages: 102

ISBN-13: 0429726333

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Much has been written recently about China's emergence as a potential oil power. Comparisons have ranged from those that picture China as another Middle East, with a Middle East-like impact on future global oil markets, to more modest images of an oil-producing nation that can meet its rapidly expanding internal needs through the late 1980s and still have some oil for export to its neighbor, Japan. Yet to fulfill even the latter prediction, the People's Republic of China will have to surmount a series of substantial political and technical obstacles. This book identifies those constraints, assesses the likelihood of China's overcoming them, examines the incentives for increasing Chinese petroleum exports, and analyzes the role such exports could play in Peking's foreign policy.

Opening Up China's Markets Of Crude Oil And Petroleum Products: Theoretical Research And Reform Solutions

Opening Up China's Markets Of Crude Oil And Petroleum Products: Theoretical Research And Reform Solutions PDF

Author: Hong Sheng

Publisher: World Scientific

Published: 2015-01-26

Total Pages: 307

ISBN-13: 9814603988

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This book provides a comprehensive and unique perspective on China's oil and natural gas industry and a practical roadmap to reforms.The book begins with a thorough examination of the status quo of China's oil and natural gas industry. It explores the evolution, transition, and characteristics of the oil industry of China, and unveils the problems that caused ineffectiveness of the oil and petroleum products market, namely, the dominance of monopoly enterprises, price regulation, and restriction to entry. It provides an insightful analysis on the efficiency losses and welfare losses the monopoly system brings to the society as the current system distorts income distribution, violates the principle of fairness, and stands against the market rules and the legal pillars of the Chinese constitution. This book argues that the monopoly system in the oil industry of China results in a variety of toxic influences and that reforms are needed. It then offers a roadmap to reforms in the oil and petroleum products market in an incremental fashion.The findings and proposals of the Chinese version of this book have proved to be successful, as they led to immediate shifts in the policies of the Chinese authorities. This book provides valuable insights into the urgency involved in carrying out reforms in the oil and petroleum products market in China, with concrete and up-to-date statistics, comprehensive and detailed analyses, and authoritative and authentic sources.