Chinese Economy 2

The world today is witnessing an unprecedented level of globalization with a high degree of "interdependence" among the nations, especially when it comes to the production, supply and consumption of oil and gas. The giant Asian economies like China and India are highly dependent on foreign regions such as North America and Middle East for their ever-growing demand for oil. China's "sensitivity" to energy security issues is high, but China has the ability and channels to cope with the extreme situations of supply shortages or even "supply interruptions". Moreover, although China's energy demand and supply system is not "fragile", it is still highly "sensitive". In 2017, China's crude oil consumption was nearly 600 million tons and imports exceeded 400 million tons. The dependence on crude oil on foreign countries was close to 70%; natural gas consumption was nearly 240 billion cubic meters, imports were more than 90 billion cubic meters, and natural gas dependence on foreign countries exceeded 40%. Increasing external dependence, deteriorating geopolitics, and the huge pressure of national foreign exchange reserves have led China's energy sector and government officials to address the issue of "energy security" as a key strategic issue again. Is the problem really that serious? What kind of information about China's energy security situation do we need to communicate to the world? The current book volume, China's Energy Security, is a Chinese reading practice book. It would introduce you to the numerous important features China's energy security endeavors, including China's energy demands, oil and natural gas, coal, nuclear and solar energy, etc.). The book has 13 chapters in the following order: Chapter 1: Globalization of the Oil Market (¿¿¿¿¿¿¿¿¿¿¿) Chapter 2: US and Global Energy Market (¿¿¿¿¿¿¿¿¿¿¿¿¿) Chapter 3: International Energy Security (¿¿¿¿¿¿¿¿¿¿¿¿) Chapter 4: China's Energy Security Challenges (¿¿¿¿¿¿¿¿¿¿¿¿¿) Chapter 5: China's Energy Demand (¿¿¿¿¿¿¿¿¿¿¿ ) Chapter 6: China's Energy Imports (¿¿¿¿¿¿¿¿¿¿¿) Chapter 7: China's Measures for Energy Security (¿¿¿¿¿¿¿¿¿¿¿¿¿¿¿¿) Chapter 8: China's Oil Consumption (¿¿¿¿¿¿¿¿¿¿¿) Chapter 9: China's Nuclear Energy (¿¿¿¿¿¿¿¿¿) Chapter 10: Wind Energy (¿¿¿¿¿¿) Chapter 11: Solar Energy (¿¿¿¿¿¿¿¿) Chapter 12: Natural Gas (¿¿¿¿¿¿¿¿) Chapter 13: Coal Power (¿¿¿¿¿¿¿) The 2nd volume in the Introduction to Chinese Economy Series (¿¿¿¿¿¿¿¿¿) includes both the Chinese text (simplified characters) and pinyin Romanization. With about over 1200 unique Chinese characters, the volume would be suitable for the beginners, lower intermediate and advanced level Chinese language learners (HSK 1-6). Overall, the reading series offers you a variety of elementary level books (Level 1/2/3/4/5/6) to understand China as well as practice Chinese reading fast.