Abstract
For more than 20 years, China has been the witnessing the highest growth rate of the world, with an annual growth rate of nine percent. Chinese authorities are forecasting a 7% annual growth until 2020, and a high growth rate until 2050. Therefore, Chinese energy needs are increasing, and will continue to do so. As China has not enough energy sources within its borders, it has to go abroad to get the necessary sources of energy, despite possessing huge reserves of coal for instance. Coal, oil, electricity, gas and renewable energy sources are the main energy sources in China. There are three ways to cope with a lack of energy in China; the first is to find some source in China, the second one is to buy foreign companies out of China, and the third is to develop oil management within Chinese borders.
