Read: China faces looming energy crisis, warns state-funded study (EXCLUSIVE) | Nafeez Ahmed

“Meanwhile, ExxonMobil, whose former CEO Rex Tillerson is now Secretary of State under President Donald Trump, has systematically forged oil deals with all these countries. This implicates the firm — and potentially the US government — in a strategy of encroachment to access South China Sea’s fossil fuel resources.

All this heightens the risk of conflicts in the South China Sea related to energy resource claims, not only between China and local Asian powers, but potentially between China and the US.”

Read full report here:

https://medium.com/insurge-intelligence/chinas-economic-boom-is-about-to-be-cut-short-by-peak-oil-warns-state-funded-study-exclusive-2533df2aeb6b

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