China's Energy Needs and Strategies, Hearing before the U.S.-China Economic and Security Review Commission, One Hundred Eighth Congress, First Session, October 30, 2003 [open pdf - 5MB]
From the document: "The Commission's statutory mandate calls on us to assess, among other issues, 'how China's large and growing economy will impact upon world energy supplies and the role the United States can play, including joint R&D [Research and Development] efforts and technological assistance, in influencing China's energy policy.' The Commission's mandate further directs it to examine China's economic and strategic relations with its regional neighbors and other countries, of which China's energy policies are an important component. [...] The key issue raised in the hearing is whether China will continue to pursue new energy supplies in the Middle East and elsewhere in competition with, or cooperation with, the U.S. and other consuming nations. The continuation of China's unilateral approach could provide additional price leverage for OPEC [Organization of the Petroleum Exporting Countries] member countries. It may also encourage China to offer incentives to energy supplier nations, as it has in the past, including missile and WMD [Weapons of Mass Destruction] components and technologies, for secure long-term access to energy supplies. This practice substantially undermines U.S. global nonproliferation policies. [...] To achieve its goal of diversifying oil import sources, and to enhance its energy security, China has entered into energy deals with a number of countries, including some--Iran and Sudan--that are on the State Department's list of terrorist-sponsoring states. These arrangements are troubling, especially to the extent they might involve political accommodations and sales or other transfers of weapons and military technologies to these nations. In sum, China's growing energy demands, particularly its increasing reliance on oil imports, pose economic, environmental, and geostrategic challenges to the United States." Statements, letters, and materials submitted for the record include those of the following: Roger W. Robinson, Jr., C. Richard D'Amato, Michael R. Wessel, Michael Ledeen, Guy Caruso, Amy Myers Jaffe, Kang Wu, Dean P. Girdis, James R. Schlesinger, R. James Woolsey, Robert E. Ebel, Edward L. Morse, Kent E. Calder, and Constantine C. Menges.
U.S.-China Economic and Security Review Commission: http://www.uscc.gov/