China's Global Search For Oil

Will China's thirst for oil lead to a possible showdown with the United States?

1 minute read

July 18, 2005, 5:00 AM PDT

By Abhijeet Chavan @http://twitter.com/legalaidtech

"To secure deals worth tens of billions of dollars, Beijing is cozying up to regimes in nations, including Iran and Sudan, that Washington labels pariahs. And it is flexing its military muscle to lay claim to contested fields in East Asia.

China's aggressive search is putting it in growing competition with the United States, the world's largest oil consumer. Some observers even warn of a possible showdown between the two economic giants."

Thanks to Abhijeet Chavan

FULL STORY: China Stakes Claim for Global Oil Access

Sunday, July 17, 2005 in The Los Angeles Times

Government / Politics United States

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