Archive

Posts Tagged ‘Financial Times’

CNN and Financial Times spin news of China topping U.S. in importing oil as shake up to geopolitics of natural resources

March 4th, 2013 10 comments

CNN recently repeated an article from Financial Times on the news China has temporarily overtaken the United States as the world’s largest net oil importer. In spinning this news, their narrative went as follows:

“China has overtaken the US as the world’s largest net importer of oil, in a generational shift that will shake up the geopolitics of natural resources.”

First of all, China offers a lesson to the world, and especially to the NATO countries. You can become the world’s #1 net importer of oil without invading and occupying countries. You simply trade. China just did it. And, the last time I checked, it doesn’t appear China is upsetting any geopolitics. Is China kicking out American bases anywhere for oil? Nope. America may withdraw some ships from the region because America is becoming less dependent on Middle East oil, but that is on America’s own accord. So, all we have here is CNN and Financial Times agitating fear within the American public; corporate media and military industrial complex on display.