Security and Profit in China’s Energy Policy

Wang Haibin, senior economist and research manager of Sinochem Oil:
Numerous questions about China's energy security have been raised: in China's energy decision making, is the government or energy companies more influential? Are the 'going out' activities of China's energy companies driven by strategy or profit? The existing answers can be categorized into 'the former one,' 'the latter one,' or 'both.' Creatively and cleverly applying hedging theory, Øystein Tunsjø offers deeper and more persuasive answers. He contributes an utterly new perspective and opens up a new field for China's energy studies. His book will impose long-lasting effects on China's energy security research.

Bernard D. Cole, National War College:
Øystein Tunsjø has scored an important coup with his book. His work clearly demonstrates the interaction of strategic and market elements in Beijing's thirsty search for energy reserves. Tunsjø presents a realistic analysis of China's strategic maritime and economic situation. His book is a valuable resource for academics and security policy makers.