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| == General Overview == | | == General Overview == |
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| [[ China ]]
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| [[ United States ]]
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| [[ Global Economy ]]
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| == China's Impact on Oil Market ==
| | <center>[[ China ]] [[ United States ]] [[ Global Economy ]]</center> |
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| 1.) [http://knowledge.wharton.upenn.edu/index.cfm?fa=viewfeature&id=1184 The Global Impact of Rising Oil Prices 2005]
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| :*Historical effects oil shocks have had on US economy, China isn’t as dependant on oil but rather coal, rising oil prices are not a direct result of economically emerging countries. Europe and Latin America are also analyzed.
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| 2.) [http://www.iags.org/china.htm Fueling the dragon: China's race into the oil market]
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| :*Chinas developing need for consuming more oil and the implications it will have on the U.S.
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| 3.) [http://www.iags.org/la020204.htm US & China are on a Collision Course over Oil]
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| :*This article discusses the effects of the growing Chinese oil economy from coal to oil which has led to the Chinese being major contributors to Middle Eastern countries by supplying arms and destructive weapons.
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| == Impact on the Economy ==
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| 1.) [http://www.chinadaily.com.cn/english/doc/2004-08/17/content_366089.htm Oil price may pose threat to economy]
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| :*This article examines the effect oil prices have on the Chinese economy.
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| 2.) [http://www.cbo.gov/ftpdocs/62xx/doc6274/04-14-ChinaTestimony.pdf Economic Relationships between the United States and China]
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| :*This article discusses the trading effects on the yuan within the Chinese economy as well as the over deficit between the two countries.
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| 3.) [http://www.iea.org/textbase/papers/2004/high_oil_prices.pdf Analysis of the impact of high oil prices on the global economy]
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| :*Impact that oil prices are having on the world economy with projections as to what to expect in the future.
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| == Conflicts & Transactions Between China & America ==
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| 1.) [http://www.economist.com/opinion/displaystory.cfm?story_id=E1_QPTGSQQ The Oilholics]
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| :*An overview of the emerging problem with higher oil prices in the US, although considering china and other emerging countries as the problem, but highlights that China’s oil consumption is one fifth of that of the U.S.
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| 2.) [http://www.iags.org/n0118041.htm In Search of Crude, Chinese turn to the Americas]
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| :*China has turned to North and South America in search of oil which could be far more detrimental to the US because they rely far more on Canada and Venezuela than the Middle East.
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United States vs. China
Two Economies Competing for the World's Black Gold
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General Overview
China United States Global Economy