The Sleeping Giant Awakes: Projecting Global Implications of China's Energy Consumption

China's rapid economic growth has generated a surge in energy demand that is reallocating global fuel balances. We employ a global energy computable general-equilibrium model to analyze alternative scenarios for economic growth, Chinese currency appreciation, and oil price shocks, with a specia...

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Main Authors:	Zhang, Jian, Konan, Denise Eby
Format:	Journal Article
Language:	EN
Published:	2012
Subjects:	Macroeconomics: Production E230 Economic Development: Agriculture Natural Resources Energy Environment Other Primary Products O130 Socialist Systems and Transitional Economies: National Income, Product, and Expenditure Money Inflation P240 Socialist Systems and Transitional Economies: Natural Resources Environment P280 Energy: Demand and Supply Q410
Online Access:	http://hdl.handle.net/10986/5040

id	okr-10986-5040
recordtype	oai_dc
spelling	okr-10986-50402021-04-23T14:02:20Z The Sleeping Giant Awakes: Projecting Global Implications of China's Energy Consumption Zhang, Jian Konan, Denise Eby Macroeconomics: Production E230 Economic Development: Agriculture Natural Resources Energy Environment Other Primary Products O130 Socialist Systems and Transitional Economies: National Income, Product, and Expenditure Money Inflation P240 Socialist Systems and Transitional Economies: Natural Resources Energy Environment P280 Energy: Demand and Supply Q410 China's rapid economic growth has generated a surge in energy demand that is reallocating global fuel balances. We employ a global energy computable general-equilibrium model to analyze alternative scenarios for economic growth, Chinese currency appreciation, and oil price shocks, with a special focus on China energy markets. Imports from the Middle East, Central Asia, Russia, and Sub-Saharan Africa are found to comprise a growing share of China's energy. Imports to China grow from 12% of world energy imports in 2010 to 17% by 2050 when over 80% of China's oil demand will be imported. 2012-03-30T07:30:58Z 2012-03-30T07:30:58Z 2010 Journal Article Review of Development Economics 13636669 http://hdl.handle.net/10986/5040 EN http://creativecommons.org/licenses/by-nc-nd/3.0/igo World Bank Journal Article China
repository_type	Digital Repository
institution_category	Foreign Institution
institution	Digital Repositories
building	World Bank Open Knowledge Repository
collection	World Bank
language	EN
topic	Macroeconomics: Production E230 Economic Development: Agriculture Natural Resources Energy Environment Other Primary Products O130 Socialist Systems and Transitional Economies: National Income, Product, and Expenditure Money Inflation P240 Socialist Systems and Transitional Economies: Natural Resources Energy Environment P280 Energy: Demand and Supply Q410
spellingShingle	Macroeconomics: Production E230 Economic Development: Agriculture Natural Resources Energy Environment Other Primary Products O130 Socialist Systems and Transitional Economies: National Income, Product, and Expenditure Money Inflation P240 Socialist Systems and Transitional Economies: Natural Resources Energy Environment P280 Energy: Demand and Supply Q410 Zhang, Jian Konan, Denise Eby The Sleeping Giant Awakes: Projecting Global Implications of China's Energy Consumption
geographic_facet	China
relation	http://creativecommons.org/licenses/by-nc-nd/3.0/igo
description	China's rapid economic growth has generated a surge in energy demand that is reallocating global fuel balances. We employ a global energy computable general-equilibrium model to analyze alternative scenarios for economic growth, Chinese currency appreciation, and oil price shocks, with a special focus on China energy markets. Imports from the Middle East, Central Asia, Russia, and Sub-Saharan Africa are found to comprise a growing share of China's energy. Imports to China grow from 12% of world energy imports in 2010 to 17% by 2050 when over 80% of China's oil demand will be imported.
format	Journal Article
author	Zhang, Jian Konan, Denise Eby
author_facet	Zhang, Jian Konan, Denise Eby
author_sort	Zhang, Jian
title	The Sleeping Giant Awakes: Projecting Global Implications of China's Energy Consumption
title_short	The Sleeping Giant Awakes: Projecting Global Implications of China's Energy Consumption
title_full	The Sleeping Giant Awakes: Projecting Global Implications of China's Energy Consumption
title_fullStr	The Sleeping Giant Awakes: Projecting Global Implications of China's Energy Consumption
title_full_unstemmed	The Sleeping Giant Awakes: Projecting Global Implications of China's Energy Consumption
title_sort	sleeping giant awakes: projecting global implications of china's energy consumption
publishDate	2012
url	http://hdl.handle.net/10986/5040
_version_	1764393700058726400

The Sleeping Giant Awakes: Projecting Global Implications of China's Energy Consumption

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