Crisis on the China Rim: An Economic, Crude Oil, and Military Analysis

"There is a crisis rising on the China Rim, a crisis made of economic imbalances, energy insecurities, ancient hatreds, and unsettled scores. The catalyst for this crisis is success itself, the success of the People’s Republic of China in its de facto rejection of a failed experiment in communism and its rapid transformation into a thriving market economy. The inseparable companion of this success, though, is an insatiable hunger and thirst for precious resources... most important among these, crude oil."

2005.04.14 | 85 pages | download

China issued a formal protest today over what it is labeling "a serious provocation to, and infringement on" China's sovereign rights and interests.  This protest is in reaction to Japan's decision to grant East China Sea energy resource drilling rights to Japan's Teikoku Oil Co.

Mr. Cui Tiankai, the head of the Asia Department of China's Ministry of Foreign Affairs, summoned Japanese minister Chihiro Atsumithe from The Embassy of Japan in China and accused Japan of violating the United Nations Convention on the Law of the Sea.

Posted by:
Kevin B. Skislock
Partner and CEO
Laguna Research Partners
[bio] [disclaimer]

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