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“The joke among China hands goes like this: If the Americans and the Chinese start talking about a major project today, in two years the Chinese will be done and the Americans will still be talking and applying for permits.” – Michael Economides
China’s economy is growing at a rate of 9 percent [...]

While China’s Gross Domestic Product is currently less than half of the United States, China’s economy is expected to exceed the U.S.’s in just 15 years. Unlike the United States, China’s is working to dramatically increase its access to energy, both domestically and abroad. While the Obama Administration pulls back oil and gas leases,[1] halts [...]