Modernization Through Globalization Why China Finances Foreign Energ
This pivot considers how China deals with the globalization of its energy companies in the face of global efforts to combat climate change. It examines how China, following its emergence as the world’s largest energy consumer and its resultant growing dep
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Bo Kong
Modernization Through Globalization
Bo Kong
Modernization Through Globalization Why China Finances Foreign Energy Projects Worldwide
Bo Kong ConocoPhillips Petroleum Chair in Chinese and Asian Studies David L. Boren College of International Studies University of Oklahoma Norman, OK, USA
ISBN 978-981-13-6015-2 ISBN 978-981-13-6016-9 (eBook) https://doi.org/10.1007/978-981-13-6016-9 Library of Congress Control Number: 2018967268 © The Editor(s) (if applicable) and The Author(s) 2019 This work is subject to copyright. All rights are solely and exclusively licensed by the Publisher, whether the whole or part of the material is concerned, specifically the rights of translation, reprinting, reuse of illustrations, recitation, broadcasting, reproduction on microfilms or in any other physical way, and transmission or information storage and retrieval, electronic adaptation, computer software, or by similar or dissimilar methodology now known or hereafter developed. The use of general descriptive names, registered names, trademarks, service marks, etc. in this publication does not imply, even in the absence of a specific statement, that such names are exempt from the relevant protective laws and regulations and therefore free for general use. The publisher, the authors and the editors are safe to assume that the advice and information in this book are believed to be true and accurate at the date of publication. Neither the publisher nor the authors or the editors give a warranty, express or implied, with respect to the material contained herein or for any errors or omissions that may have been made. The publisher remains neutral with regard to jurisdictional claims in published maps and institutional affiliations. Cover illustration: © John Rawsterne/patternhead.com This Palgrave Pivot imprint is published by the registered company Springer Nature Singapore Pte Ltd. The registered company address is: 152 Beach Road, #21-01/04 Gateway East, Singapore 189721, Singapore
To my wife, Wei Wang To my daughters, Shiangyi and Shiangcheng
Acknowledgements
I am grateful to Professor Kevin P. Gallagher of Boston University for suggesting this short book as a way to solidify and summarize my thinking that did not go into our co-authored publication entitled “Globalizing Chinese Energy Finance: The Role of Policy Banks” through the Journal of Contemporary China in 2017. I am also thankful to the University of Oklahoma for my appointment as the ConocoPhillips Petroleum Chair in Chinese and Asian Studies for it comes with the funds that have supported some of my research and travels. Danyel Johnson, who graduated from the College of International Studies at University of Oklahoma in May 2018, provided me with excellent research assistance. Above all, I am deeply indebted to my wife, Wei Wang, not only for giving me her ear to my work in progress that sometimes does not make sense but also for playing the role of a dad for my daughters, Shiangyi Claire Kong and Shiangcheng Hanna Kong, when I sneaked away to work on my
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