Former Brookings Visiting Fellow Zhang Jian believes that the biggest obstacle between China and its energy security is Beijing’s implicit belief that energy security is a domestic policy question. Zhang disagrees, pointing out that when you are on track to import 60-70% of your petroleum from abroad by 2015, it is time for a rethink.
As a major consumer of a high-demand global resource in an integrated world, Zhang suggests, China can no longer approach energy security on a unilateral basis. Doing so not only puts China and other nations of the world on a collision course, it also threatens a rift in the government.
Zhang is right, of course, but I suspect his imprecations will fall upon unhearing ears. China s not yet at the point where it is ready to trust other countries to have a say in its energy future, and you could make an argument that it should not have to. The challenge is how the world will deal with a China that will be increasingly assertive – if not aggressive – about acquiring the petroleum that it needs.
In truth, this makes China’s energy security our problem as well as China’s. If you approach it from that angle, Zhang’s book is especially valuable.