Understanding China, One Blog at a Time

An American in China

Death Knell for China

Posted by w_thames_the_d on June 21, 2010

China has about 22% of the worlds population, and about 6% of her wealth, but will consume more energy than any other country this year. This is more of a testament to her poor manufacturing infrastructure viz energy waste. China typically consumes more energy per GDP dollar than most countries. At this rate of consumption, there is not enough energy in the world to support China’s growth.

“The country may overtake the US in energy consumption this year, and could consume about eight billion tons of standard coal equivalent in 2020, more than half of the world’s total consumption, if the consumption keeps accelerating by 8.9 percent, which is the average growth this century, predicted Zhou Dadi, vice-director of China Energy Research Society, on June 19 at a forum.

If China reduces the energy consumption per GDP unit by 20 percent every five years, the country still consumes more than 30 percent of the world’s total consumption 10 years later, Zhou was quoted as saying in the paper.”

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