China's increasing economy and the impacts on its energy strategy

Abstract

This work enters into the topic of one of the world's most increasing economy, the economy of China. It will treat the question, how a country, hence a political system which was such closed and had a quite small economical standard and growth rate was able to improve in a tremendous way. This present fact discovers various questions, such like: How is it possible that a closed socialist state can improve its economical increase and international trade in a tremendous way? How is an increase in trade and production combined with energy consumption? How can China secure its energy sources in order to secure its production and energy household? The document starts with the theory of free trade to step into that topic.

Keywords

• Energy consumption
• socialist market economy
• natural resources
• global economy