#53 – Cheap Oil & China’s Energy Strategy


event #53, Wednesday, June 8th, 2016


CUI Shoujun 崔守军, Associate Professor and Assistant Dean at the School of International Studies of Renmin University of China, Beijing.




Over the past few years, China has grown increasingly dependent on oil imports from the Middle East, Africa and Latin America. As the world’s largest energy consumer and net importer of crude oil, China is taking advantage of the oil market’s current bust to build up its strategic reserves. Yet, the oil industry’s latest price slump has impacted the world’s resource-rich regions in starkly different ways. Angola, Saudi Arabia, Venezuela and other traditional exporters are currently witnessing the slowdown of their respective economies, which could create new scenarios of tensions. In this newly forged context, what does the future hold for China’s energy diplomacy? How should China ensure its security of supply? ThinkIN China will host a discussion with Renmin University’s Cui Shoujun who will address these issues, also offering his insights on China’s strategic options.



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