China has a large and varied stock of natural resources. The variety of different landforms, soil conditions, and climate patterns offers many different kinds of opportunities for agricultural production. A tremendous range of food and industrial crops can be grown, and this makes it possible for China to keep imports to a minimum.
Another aspect of China's natural endowment is its rich supply of mineral resources, a product of its complex geology. In ancient geologic times much of what is now China was under the sea. Movements of the Earth's crust against three huge, stable masses of ancient Precambrian rock (in southeastern China, Tibet, and Inner Mongolia) gave rise to China's characteristic parallel ridges and plains. In the lowlands and basins, which were repeatedly submerged during the Paleozoic era hundreds of millions of years ago, great quantities of carbon-containing material were deposited, and these became the carbon-based fossil fuels—coal and petroleum—that exist today. Deposits of other minerals accumulated as a result of geologic processes, including vulcanism associated with the crustal movements.
China's coal and petroleum reserves are abundant. Reserves of tungsten, antimony, tin, mercury, salt, fluorspar, and magnesite are among the largest in the world, and the tungsten and antimony deposits may be the largest. China also has sizable reserves of iron and manganese ores, bauxite (aluminum ore), limestone, and copper, though it remains to be determined whether these are sufficient to meet China's growing domestic needs.
China leads the world in the size of its coal reserves, which are estimated at more than 600 billion tons. These reserves would keep China supplied with coal for about 500 years if usage were to continue at its present level. China produces more than 1.1 billion tons of coal annually, most of it bituminous coal or lignite. China relies on coal as its primary energy source, a condition likely to continue at least through the 20th century.
Petroleum is not as easy to estimate as coal, but China is believed to have extensive reserves, both on land and offshore. There are a number of large areas with the right characteristics to contain oil and gas scattered throughout the country, and oil and gas have been discovered in more than half a dozen of them. In addition, there are believed to be major offshore deposits in the Bo Hai Gulf; the Yellow Sea; the East China Sea; the Formosa, or Taiwan, Strait; and the South China Sea. All of these deposits are in the continental shelf, the natural extension of the mainland under the adjacent water bodies.
Offshore prospecting is under way in several locations, with a number of Western and Japanese petroleum companies assisting China. Some offshore drilling has taken place, and producing wells have been developed in the Bo Hai Gulf region. In recent years, however, most of China's petroleum has come from the large Daqing field in Heilongjiang Province in the northeast or from fields in the North China Plain near the mouth of the Huang He. Petroleum production in 1992 totaled 1 billion barrels, enough to meet China's domestic needs and provide a small amount for export.
2006-11-18 02:54:12
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answer #1
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answered by Anonymous
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Have you read Sun Tzu's "Art of War?" Then all is obvious. They are working on a strategy that was conceived long ago, biding their time while we ran silly nilly getting into ridiculous cost-inneffective wars to run our budget down, and being our creditor to pay for them. They intend to conquer the U.S. without firing a shot. Just like Sun Tzu recommended. When your timeline is decades and your enemy can't see past the next quarter's profit statement, you have a tremendous advantage. The biggest danger China faces is it's own internal corruption.
2016-05-22 00:45:45
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answer #2
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answered by Anonymous
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China has a large labour market, larger than any in the world.
2006-11-18 02:54:55
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answer #3
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answered by Jez 5
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