Understanding China, One Blog at a Time

An American in China

China Invading Canada- It’s About Oil

Posted by w_thames_the_d on February 10, 2011

My good friend has been here for over 20 years and he has a unique perspective on the Chinese situation. Recently there has been news about China buying up oil reserves and such, for example from the ft.com”China’s largest oil and gas producer, has agreed to pay $5.4bn for a gas field stake in western Canada owned by EnCana, further raising the profile of Chinese oil companies in North America after a string of similar investments.The deal is one of China’s largest investments in Canada’s energy sector, and its biggest in shale gas, a difficult-to-extract type of natural gas deposit for which Chinese companies are seeking to master the technology.”

To me this type of news merely means China is trying to buy access to oil, of which its the worlds largest consumer. To him, he says the real problem is that China typically sends her soldiers to these types of areas. He used Africa as an example, where China has had some problems as of late with their civilians as well as military personnel they have held there.

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