Archive for the ‘international cooperation’ Category

China Vows Fair Play in Its Global Search for Oil and Gas

December 27, 2007

By Edward Cody 
Washington Post Foreign Service
Thursday, December 27, 2007; Page A12

BEIJING, Dec. 26 — China pledged Wednesday that its worldwide search for oil and gas to power a booming economy will be carried out in a spirit of fair play and international cooperation so as not to disrupt sensitive international markets.
A man rides his trycicle in front of a power plant at the outskirts of Datong, Shanxi province, December 25, 2007. China will use 3 percent less energy to generate each dollar of national income this year than it did last year, an official with the economic planning agency said.

A man rides his trycicle in front of a power plant at the outskirts of Datong, Shanxi province, December 25, 2007.

The promise came in a government white paper, one of a series Beijing has issued in recent years to present its case to the world. This one, outlining energy policies, was aimed in part at fears that China’s growing thirst for imported oil will drive up prices and generate friction over its diplomatic efforts to secure access to petroleum-producing nations.

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http://www.washingtonpost.com/wp-dyn/content/article/2007/12/26/AR2007122600677.html?hpid%3Dartslot&sub=AR