Friday, April 22, 2011

Oil Wars: China's Influence on the U.S. Economy pt. 1 of 5

Check out this youtube video on China, it's great

http://www.youtube.com/watch?v=cNnsyuLQ08g&feature=related

2 comments:

  1. There's a part during the video where it talks about how the U.S. is the hegemon of the seas. Stating that most of chinas oil comes by sea, which makes China at the mercy of the U.S. navy.
    America controls the Taiwan strait which lies on one of the main oil routes which supplies all of east Asia. As a result China is doing two things, they are building up their navy and they are building more pipelines as not to be caught how Japan was before world war 2.

    ReplyDelete
  2. Yeah, this trend has been mentioned in much of the other articles I have read so far.

    Seems like the U.S. at least retains some leverage over China in terms naval security of oil sea lanes. Perhaps this is could be another reason for China's "soft approach" in dealing with the global oil market. They need the U.S. to protect their ships, similarly as the U.S. needs China for so many other things :D So, there seems to a harmony of mutual relations :)

    ReplyDelete