As China is dependent on oil and gas imports to maintain its high growth rates, the Shanghai Cooperation Organization (SCO) and Central Asia have become increasingly important for the country's economic development. In May 2014, China and Russia signed a new gas deal, for example, and in recent...

Purpose – The demand for oil in agricultural production increases continuously with the world oil price soaring, reflecting a rigid growth characteristic, but there are no clear reasons for this. The purpose of this paper is to assess the essential reasons of this issue in theoretical and...

There’s a word which keeps cropping up in business magazines, newspapers’ business and financial pages, money markets and boardrooms throughout the USA, the UK and the rest of the European Union – and that word is China. Whether it’s fascinating statistics – such as 50 percent of the...

Purpose – This study intends to explore the determinants of Chinese oil demand and to build a short‐ and long‐run model. Design/methodology/approach – The study uses the Engle‐Granger two‐stage cointegration method to create a dynamic short‐run model. Data is taken from both...

Purpose – The demand for oil in agricultural production increases continuously with the world oil price soaring, reflecting a rigid growth characteristic, but there are no clear reasons for this. The purpose of this paper is to assess the essential reasons of this issue in theoretical and...

Computable general equilibrium models have been widely applied in analysing the effects of removing tariffs. However, not nearly as much effort has been devoted to their application on investment liberalisation that is increasingly an integral part of trade liberalisation agreements. The...

The motivations prompting China¡¯s dramatic increase in outward foreign direct investment (OFDI) are not always clear, especially regarding OFDI by state-owned enterprises (SOEs) in energy and natural resources. First, both commercial and governmental interests are intertwined, although not...