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China’s energy diplomacy: SOE relations in the context of global distribution and investment pattern

China’s energy diplomacy: SOE relations in the context of global distribution and investment pattern
China’s energy diplomacy: SOE relations in the context of global distribution and investment pattern
This article addresses the mercantilist connotations of China’s energy diplomacy through empirical and quantitative approaches by arguing that: firstly, the economic logic motivating Chinese enterprises is not the key variable in the formulation of foreign investment decisions; secondly, the energy security policies of the Chinese government are key variables which decide the distribution of SOEs’ foreign investment; thirdly, China’s energy diplomacy is mercantilist in nature due to the weakness of its SOEs in the structure of the international market; finally, under the premise of satisfying its government’s energy security policy, SOEs have autonomy in their approaches to investment. Therefore, it may be reasoned that under specific conditions, mercantilism and liberalism can both explain China’s energy diplomacy. This article provides compelling evidence supporting this reasoning, through analyzing cases studies in the Middle East, Central Asia and Africa
2165-4328
325-343
Yeh, Hui-Chi
6eb6a48e-5cb9-4ff8-9e56-48744b0a33be
Yu, Chi-Wei
68bc9c8e-2389-4a72-84f9-d54c435b941a
Yeh, Hui-Chi
6eb6a48e-5cb9-4ff8-9e56-48744b0a33be
Yu, Chi-Wei
68bc9c8e-2389-4a72-84f9-d54c435b941a

Yeh, Hui-Chi and Yu, Chi-Wei (2012) China’s energy diplomacy: SOE relations in the context of global distribution and investment pattern. Advances in Applied Sociology, 4 (2), 325-343. (doi:10.4236/aasoci.2012.24043).

Record type: Article

Abstract

This article addresses the mercantilist connotations of China’s energy diplomacy through empirical and quantitative approaches by arguing that: firstly, the economic logic motivating Chinese enterprises is not the key variable in the formulation of foreign investment decisions; secondly, the energy security policies of the Chinese government are key variables which decide the distribution of SOEs’ foreign investment; thirdly, China’s energy diplomacy is mercantilist in nature due to the weakness of its SOEs in the structure of the international market; finally, under the premise of satisfying its government’s energy security policy, SOEs have autonomy in their approaches to investment. Therefore, it may be reasoned that under specific conditions, mercantilism and liberalism can both explain China’s energy diplomacy. This article provides compelling evidence supporting this reasoning, through analyzing cases studies in the Middle East, Central Asia and Africa

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Published date: December 2012
Organisations: Politics & International Relations

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Local EPrints ID: 346616
URI: http://eprints.soton.ac.uk/id/eprint/346616
ISSN: 2165-4328
PURE UUID: a96ff4b5-d095-4a6d-a085-9d7456437adf

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Date deposited: 04 Jan 2013 09:28
Last modified: 22 Jul 2022 18:19

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Contributors

Author: Hui-Chi Yeh
Author: Chi-Wei Yu

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