Wednesday, May 4, 2011

China risks clash with rivals over energy grab   
   
China is already one of the world's largest offshore energy producers. It wants to become bigger still by finding more oil and natural gas in home waters or in zones close to home, to avoid becoming excessively dependent on foreign imports. However, its evolving energy security strategy could further complicate its relations with South-East Asia, and with countries like Australia, the US, Japan and South Korea that regard the South China Sea as an international highway for trade and free movement of military planes and ships. (The Canberra Times)
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