The Philadelphia Inquirer The Economy column: Is China strategy 'mercantilism'?

Philadelphia Inquirer (Philadelphia, PA) | April 21, 2006 | Copyright

Byline: Andrew Cassel

Apr. 21--Will America and China spend the 21st century competing for oil and other commodities? Are we destined to clash -- economically and diplomatically, perhaps even militarily -- in a race to "lock up" the world's scarce resources? You might draw that conclusion, given some of the rhetorical buildup to Chinese President Hu Jintao's current visit to the United States. At least since fall's gas-price spike, there has been talk about a growing worldwide demand for natural resources -- with oil, not surprisingly, playing the role of ...

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