China has developed sophisticated hedging strategies to insure against risks in the international petroleum market. It has managed a growing net oil import gap and supply disruptions by maintaining a favorable energy mix, pursuing overseas equity oil production, building a state-owned tanker fleet and strategic petroleum reserve, establishing cross-border pipelines, and diversifying its energy resources and routes. Though it cannot be "secured," China's energy security can be "insured" by marrying government concern with commercial initiatives. This book comprehensively analyzes China's domestic, global, maritime, and continental petroleum strategies and policies, establishing a new theoretical framework that captures the interrelationship between security and profit. Arguing that hedging is central to China's energy-security policy, this volume links government concerns about security of supply to energy companies' search for profits, and by drawing important distinctions between threats and risks, peacetime and wartime contingencies, and pipeline and seaborne energy-supply routes, the study shifts scholarly focus away from securing and toward insuring an adequate oil supply and from controlling toward managing any disruptions to the sea lines of communication. The book is the most detailed and accurate look to date at how China has hedged its energy bets and how its behavior fits a hedging pattern.

Security and Profit in China’s Energy Policy: Hedging Against Risk (Contemporary Asia in the World)

Business & Money

Tunsjø, Øystein

Industries

Columbia University Press

Since the collapse of the Soviet Union, the international system has been unipolar, centered on the United States. But the rise of China foreshadows a change in the distribution of power. Øystein Tunsjø shows that the international system is moving toward a U.S.-China standoff, bringing us back to bipolarity―a system in which no third power can challenge the top two. The Return of Bipolarity in World Politics surveys the new era of superpowers to argue that the combined effects of the narrowing power gap between China and the United States and the widening power gap between China and any third-ranking power portend a new bipolar system that will differ in crucial ways from that of the last century. Tunsjø expands Kenneth N. Waltz’s structural-realist theory to examine the new bipolarity within the context of geopolitics, which he calls “geostructural realism.” He considers how a new bipolar system will affect balancing and stability in U.S.-China relations, predicting that the new bipolarity will not be as prone to arms races as the previous era’s; that the risk of limited war between the two superpowers is likely to be higher in the coming bipolarity, especially since the two powers are primarily rivals at sea rather than on land; and that the superpowers are likely to be preoccupied with rivalry and conflict in East Asia instead of globally. Tunsjø presents a major challenge to how international relations understands superpowers in the twenty-first century.

The Return of Bipolarity in World Politics: China, the United States, and Geostructural Realism

Politics & Social Sciences

Politics & Government

US–China Foreign Relations (Asian Security Studies)

This book examines the power transition between the US and China, and the implications for Europe and Asia in a new era of uncertainty. 
The volume addresses the impact that the rise of China has on the United States, Europe, transatlantic relations, and East Asia. China is seeking to use its enhanced power position to promote new ambitions; the United States is adjusting to a new superpower rivalry; and the power shift from the West to the East is resulting in a more peripheral role for Europe in world affairs. Featuring essays by prominent Chinese and international experts, the book examines the US–China rivalry, the changing international system, grand strategies and geopolitics, foreign policy, geo-economics and institutions, and military and technological developments. The chapters examine how strategic, security, and military considerations in this triangular relationship are gradually undermining trade and economics, reversing the era of globalization, and contributing to the breakdown of the US-led liberal order and institutions that will be difficult to rebuild. The volume also examines whether the adversarial antagonism in US–China relations, the tension in transatlantic ties, and the increasing rivalry in Europe–China relations are primarily resulting from leaders’ ambitions or structural power shifts. 
This book will be of much interest to students of Asian security, US foreign policy, European politics, and International Relations in general.

Ross, Robert S.

Dong, Wang

Reference

Routledge

US Taiwan Policy (Asian Security Studies)

The relationship between the United States and China is one of the most important issues in the twenty-first century, and is, ultimately, hostage to conditions across the Taiwan Strait. This book is the first to attempt to trace the historical origin of what is known as the ‘Taiwan issue’ in US-China relations from a constructivist perspective, based on detailed archival research. The analysis used supplements the mainstream rationalist approach by developing a new theoretical perspective on US Taiwan policy that incorporates constructivism’s emphasis on identity, norms and discourse analysis. Scholars have never previously developed or elaborated upon this approach to any significant extent. The book re-examines the protection of Taiwan by military means following the outbreak of the Korean War, and the establishment of the ‘one China’ policy in relation to the process of rapprochement during President Nixon’s first term in office. It also considers the contemporary challenges posed to the ‘one China’ policy by the increased importance of promoting human rights and democracy in US foreign policy, arguing that the current US China policy is guided by a new strategy based on ‘engagement plus hedging’.

US Taiwan Policy: Constructing the Triangle (Asian Security Studies)

The relationship between the United States and China is one of the most important issues in the twenty-first century, and is, ultimately, hostage to conditions across the Taiwan Strait. This book is the first to attempt to trace the historical origin of what is known as the ‘Taiwan issue’ in US-China relations from a constructivist perspective, based on detailed archival research.  The analysis used supplements the mainstream rationalist approach by developing a new theoretical perspective on US Taiwan policy that incorporates constructivism’s emphasis on identity, norms and discourse analysis. Scholars have never previously developed or elaborated upon this approach to any significant extent. The book re-examines the protection of Taiwan by military means following the outbreak of the Korean War, and the establishment of the ‘one China’ policy in relation to the process of rapprochement during President Nixon’s first term in office. It also considers the contemporary challenges posed to the ‘one China’ policy by the increased importance of promoting human rights and democracy in US foreign policy, arguing that the current US China policy is guided by a new strategy based on ‘engagement plus hedging’.

See the best price to sell, buy, or rent books by Tunsjø, Øystein. BookScouter helps to compare book prices from 25+ online bookstores and 30+ buyback vendors with a single search.

Books by Tunsjø, Øystein

See the best price to sell, buy, or rent books by Tunsjø, Øystein. BookScouter helps to compare book prices from 25+ online bookstores and 30+ buyback vendors with a single search.

Security and Profit in China’s Energy Policy: Hedging Against Risk (Contemporary Asia in the World)

The Return of Bipolarity in World Politics: China, the United States, and Geostructural Realism

US–China Foreign Relations (Asian Security Studies)

US–China Foreign Relations (Asian Security Studies)

US Taiwan Policy: Constructing the Triangle (Asian Security Studies)

US Taiwan Policy: Constructing the Triangle (Asian Security Studies)

US Taiwan Policy (Asian Security Studies)