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(单词翻译:双击或拖选)
By Luis Ramirez
Beijing
23 January 2006
King Abdullah of Saudi Arabia, right, and Chinese President Hu Jintao, left, inspect the guard of honor during the welcome ceremony at Beijings Great Hall of the People, China Monday Jan. 23, 2006
China has signed an agreement with Saudi Arabia that may boost Beijing's purchases of Saudi oil. The deal came during a visit by Saudi King Abdullah to the Chinese capital.
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King Abdullah's three-day visit is the first to China by a Saudi ruler since the two countries established diplomatic relations in 1990.
At the top of the agenda is, of course, oil. Saudi Arabia is one of the world's leading oil producers, and China, with its booming economy, has become one of the major purchasers.
The Saudi leader met with Chinese President Hu Jintao before signing a memorandum1 of understanding, which broadly outlines the two countries intentions to increase cooperation on energy. China, the world's number-two petroleum2 consumer, is eager to diversify3 its sources as its energy demands continue to soar.
James Brock, an independent consultant4 in Beijing who advises China's energy sector5, says Saudi Arabia is an attractive resource, because it is more dependable than some of the other places where China has been looking for oil.
"They [Saudis] are not as volatile6 places as Nigeria or Russia, where the supply has been highly variable," said Brock. "They are not as subject, or at least so far they have not been subject, to political upheaval7 like Iran and Iraq. So, they are a good, dependable supplier, and China would like to have as many of those as they can."
Saudi Arabia already accounts for about 17 percent of China's oil imports.
Officials gave few details on the five agreements, saying only that they had to do with cooperation on oil, gas, and minerals; expanding trade, and avoiding dual8 taxation9. There was also an agreement on a Saudi loan to fund a development project in China's largely Muslim region of Xinjiang.
The Saudi King's visit to Beijing follows a visit by Chinese Foreign Minister Li Zhaoxing last week to several West African nations, including oil-rich Nigeria. China announced this month it is bidding for a major stake in a Nigerian oil field.
1 memorandum | |
n.备忘录,便笺 | |
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2 petroleum | |
n.原油,石油 | |
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3 diversify | |
v.(使)不同,(使)变得多样化 | |
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4 consultant | |
n.顾问;会诊医师,专科医生 | |
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5 sector | |
n.部门,部分;防御地段,防区;扇形 | |
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6 volatile | |
adj.反复无常的,挥发性的,稍纵即逝的,脾气火爆的;n.挥发性物质 | |
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7 upheaval | |
n.胀起,(地壳)的隆起;剧变,动乱 | |
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8 dual | |
adj.双的;二重的,二元的 | |
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9 taxation | |
n.征税,税收,税金 | |
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