Sudan Update
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Indeed, China has been friendly with Sudan because of oil. Over the last few years, China went from a major oil exporter to a major oil importer, and it has every intention to use more oil. In addition, China has been investing heavily in Austrilia to develop the mining industry.
China's industrial growth depends on availability of foreign resources, and the Chinese government can not afford an economic collapse.
China is trying to stop the United Nations imposing sanctions on Sudan over the crisis in the Darfur regionto protect its oil imports from the country, say western diplomats.
For the past six years Beijing has been the Sudanese government's main backer, buying 70 per cent of its exports, servicing its $20bn debt and supplying the Khartoum government with most of its weapons.
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The UN Security Council is committed to reviewing the situation on a monthly basis. Given the stream of bad news, it could soon move to embargo Sudan's oil exports. China's ambassador to the UN, Wang Guangya, has already threatened to veto any such resolution, but diplomats say Beijing may have to give in to mounting international pressure.
Beijing is already under fire for its support of Burma, North Korea and Iran, countries also accused of breaches of international law. China was also singled out in the recently released Charles Duelfer report on Iraq's WMD, along with Russia and France, for breaching the UN sanctions against Iraq and subverting the oil-for-food programme. But China is almost alone in supporting Sudan. After the US imposed sanctions in November 1997, the rest of the world - apart from companies from Pakistan, India and Malaysia - have kept their distance.
Indeed, China has been friendly with Sudan because of oil. Over the last few years, China went from a major oil exporter to a major oil importer, and it has every intention to use more oil. In addition, China has been investing heavily in Austrilia to develop the mining industry.
China's industrial growth depends on availability of foreign resources, and the Chinese government can not afford an economic collapse.
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