Winner Take All: China and the Global Race for Resources
by Dambisa Moyo
Dambisa Moyo sounds the alarm about China’s claims to the world’s natural resources. As its population advances economically, the Chinese government has kept pace, and then some, in securing natural resources that can be used in its domestic industries. These moves have consequences for the rest of us, she argues, in part because international conflicts over resources commonly turn violent. Increasingly, China wields market power and sets global commodity prices. Although Moyo does not profess to have all the answers, she believes the question is well worth asking: How should the rest of the world respond? One solution she recommends is to redirect spending from national defense to research and development - although even this may only be one piece of a much larger strategy.