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Sustained economic growth in China has triggered a surge of energy imports, especially oil imports. This paper investigates the determinants of China’s energy import demand by using cointegraiton and VECM techniques. The findings suggest that, in the long run, growth of industrial production...
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In 2003 China’s energy consumption amounted to 1678 million tonnes coal equivalent (MTCE), making China the world’s second largest consumer behind only the United States. China is now also one of the largest oil importers in the world. With an economy which is expected to maintain a rate of...
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Key Features:Detailed analysis of key issues such as trade, services, international trade, energy and pollutionComparative study of economic growth, disparity and convergence of the Chinese and Indian economies.
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