Chinese political transition makes change possible in energy approach

Xiaofei (Sarah) Li York College of Pennsylvania York, Pa. The composition of China's new Politburo and its members' views about large, state-owned enterprises (SOEs) have profound implications for the country's socioeconomic trajectory in general and for the energy industry in particular. The new leaders will govern the country for most of this decade and beyond. Moreover, the transition to new leadership raises questions about changes possibly in store for China's national oil companies (NOCs) and for energy policy in general. Three groups Each new Politburo member important to energy in China can be viewed as belonging to one of three groups: the Politburo Standing Committee (PBSC), a s...

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