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China Review News: A Prolonged Struggle for Oil between China and the U.S.

A recent China Review News article predicts a “prolonged struggle for oil between China and the U.S.” It quotes Craig Roberts, a former senior U.S. Treasury official, in an interview with Middle Eastern media, “Libyan ruler Muammar Qaddafi has made two mistakes: He blocked the US Africa Command by not joining it and he let China make major energy investments in Libya instead.” The author thus concludes that the motive for the U.S. to support the rebels in overthrowing the Qaddafi regime is to remove Chinese companies from Libya. 

The article points to the global competition for oil between China and the U.S. “In the eyes of the U.S., China is vying for oil interests in the territory of U.S.” “On the surface, there is no conflict between China and the U.S. on the Libya issue, but one may overlook the point that the current war in Libya is comparable to what the U.S. and U.K. did to Japan in the 1940’s. At that time, the U.S. and U.K. cut off Japan’s oil, rubber, and minerals, which caused the Pacific War in World War II. Now, the U.S., U.K., and France are doing the same to China.” “In the future, China will inevitably compete with the U.S. for oil around the world. It is difficult to predict whether armed conflicts will occur.”

Source: China Review News, April 24, 2011