CHINA vs USA : the global battle for black gold

One in five humans is Chinese. China is now the second biggest oil consumer in the world, right behind the United States. But with explosive economic growth and rapidly declining reserves, China cannot meet its own energy needs anymore. It must now import half its oil — soon two thirds — or risk a total economic collapse. This urgent quest for new suppliers puts China on a collision course with the world’s largest oil consumer : the United States.

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