Friday, October 7, 2011

Washington targeting China's Achilles heel

Between February and March 2011, China had evacuated some 36,000 of its nationals employed in the oil, construction, railways and telecoms industries.

by F. William Engdahl

While nervously watching China edging closer to becoming the predominant world power in the 21st century, Washington has also been keeping a keen eye on China’s heavy reliance on foreign oil to meet its growing energy needs. Engdahl analyses the oil trap that Washington has laid for China in Libya and through AFRICOM’s deployment in Africa.

The Washington-led decision by NATO to bomb Gaddafi’s Libya into submission over recent months, at an estimated cost to US taxpayers of at least $1 billion, has little if anything to do with what the Obama Administration claims was a mission to “protect innocent civilians.” In reality it is part of a larger strategic assault by NATO and by the Pentagon in particular to entirely control China’s economic Achilles heel, namely China’s strategic dependence on large volumes of imported crude oil and gas. Today China is the world’s second largest imported of oil after the United States and the gap is rapidly closing.
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