April 19, 2016

"In the modern globalizing world, energy resources are obviously key to maintaining economic growth, as well as keeping industrial and post-industrial societies running efficiently.

Countries and regions that want to expand economically and improve the living conditions of their citizens, but are not endowed with sufficient resources of fossil fuels, obviously need to import them.

This is the situation for both China and the EU. Neither has enough oil, natural gas and coal to meet the needs of large populations demanding a decent standard of living. Both therefore have to import energy from external suppliers."

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http://www.globaltimes.cn/content/979226.shtml

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