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Chinese oil production is declining, leaving the country more vulnerable to imports

2 months ago
Sky Canaves
ew oil field discoveries haven't been able to keep up with demand, and state-owned firms will face competition for resources overseas.
By Sky Canaves
Sky Canaves previously reported for The Wall Street Journal in Beijing and Hong Kong, where she covered media, culture, social issues, and legal affairs, and served as the founding editor and lead writer of the WSJ’s China Real Time site. Prior to becoming a journalist, Sky worked in the China corporate law practice of Baker & McKenzie, and she has also taught journalism and media law at the University of Hong Kong. She speaks Mandarin and has accumulated more than a decade's experience living, studying and working in China.