In the global context of energy demand today, oil represent essential natural resource capable to impact positively the economical development of a country. China has longer been significantly looking to new ways to increase its economic impact around the global. Since country started bilateral cooperation with most of western countries, Beijing has encouraged multiples initiative (political, securities, economical) projects with Arabic countries. Today, with the new One Belt One Road (OBOR) initiative launched by president XI, China is engaged in large process to help more than 200 countries around the globe to develop their national infrastructures. Since other countries such US still give more attention in oil importation, China has strengthen its bilateral cooperation with the rest of the world. In this essay, we develop an analysis strategy based on data from oil exporter countries; this essay design a synoptic data on two phases(phase1 from 2009 to 2013, phase two from 2014 to 2016). Also, the innovative essay puts forward suggestions to increase significantly oil trade between China and oil producer countries with One Belt One Road, encouraging win-win consideration on bilateral partnership.
Middle-East, China, OBOR initiative, Oil, bilateral cooperation, Economy
Cite this paper
Asiri Mohammed Abdulrahman Y, Liu Cheng. (2019) Research on Global Oil Importing Trade in the Context of China OBOR Initiative. International Journal of Environmental Science, 4, 138-149
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