Prénom de l'expert

John

Nom de l'expert

SEAMAN

As China’s rise continues to shape and shake the course of international affairs, and Europe enters a new chapter in its collective history, Europe-China relations are becoming more relevant, but also much more complex.

This paper examines how China seeks to secure access to an ever growing level of natural resources from overseas. In its quest for resources necessary to fuel its economy, does China seek to bolster the development of international markets, or rather to procure resources in a more mercantilist fashion?

The upcoming Paris climate conference (COP21) is opening the door to a new post-2020 climate regime in which China and other large emitters will have to provide strong evidence of their domestic efforts in addressing global warming in the next century.

Asia is now a nerve center for global economic activity and a theatre of some of the most pressing security concerns of our time. So important has Asia become to global affairs today, and ostensibly for the decades to come, that many have already dubbed the 21st Century as the “Asian Century”.

China’s economic development has brought it to the center of natural resource markets.

China is poised for a dramatic increase in its demand for natural gas. As total energy demand has risen to record levels in the last five years, China has found itself in an increasingly difficult bind: the social and environmental burden from coal is becoming too heavy to bear and a growing dependence on foreign oil is becoming strategically more risky with the passage of time. 

For China, coal is a crucial source of abundant, indigenous and affordable energy and is a pillar of economic and social stability. From a logic of energy security, and because the industry itself maintains a formidable political presence through the sheer fact of its history and size, this resource will continue to play a central role in the country’s energy mix. But in order to respond to the growing need to reduce the burden of coal use on the environment and the Chinese population, and to prevent catastrophic climate change, both Chinese leaders and the industry itself have faced a certain reality - coal must become cleaner.

There is a valuable lesson to be learned about raw material dependence from the tensions between China and Japan in the East China Sea. It’s not about the oil and gas that is thought to be stored under the seabed in disputed waters, but rather the so-called “rare earth elements”, of which China produces 97% of the global supply.