Abstract
This chapter shall give details about the provisions of China’s energy diplomacy and how does it get implemented in the energy investments. It gives an overview of the role of China’s energy investments in the various energy-rich areas of the world. It also tests one of two hypothesis postulated and the connection between the independent and the dependent variable. China has changed from a passive observer to an active investor but is facing constraints one as a late entrant and the other as a developing country. Hence Chinese energy diplomacy and subsequently its energy investments have been developing to the tunes of the area they invest in. China’s energy investments have not only been restricted to economic trade but also packaged in the form of social development, political support, and international privacy. What kind of investment is suited for which region is subjected to the provisions of bilateral energy diplomacy both as a responsive and a reactionary measure, and other aspects have been discussed here.
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Notes
- 1.
Acquisition of Norway’s Awilco which provides oil and gas drilling services.
- 2.
Chen (2011) cites guidelines issued by four major financial regulatory bodies of China who shall not only provide credit and foreign exchange support to investments made in strategic areas but also assist in provision of technologies.
- 3.
Chinese imported 5.5 million barrels of oil per day, out of a total of 9.8 mboe/day they consumed in 2011 (Feng 2014: 1).
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Aggarwal, P. (2022). China’s Energy Diplomacy and Its Investments Abroad: Functions, Challenges, Achievements, and Influence. In: China’s Energy Security. Palgrave Macmillan, Singapore. https://doi.org/10.1007/978-981-19-2192-6_2
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