Winner Take All: China’s Race for Resources and What It Means for the World

Winner Take All: China's Race for Resources by Dambisa Moyo examines the global competition for finite resources. Moyo argues that China is strategically acquiring rights to resources worldwide, often offering favorable terms that benefit developing nations with employment and infrastructure. This approach contrasts with the West's economic practices, which Moyo suggests have led to prosperity decline.1

China possesses abundant mineral resources, including significant reserves of coal, petroleum, and natural gas. However, the geographical distribution of these resources often necessitates long-distance transport to industrial centers, leading to increased reliance on foreign energy imports. Despite rapid energy production growth, demand continues to outstrip supply. Mining operations face challenges such as low productivity, outdated equipment, and environmental concerns.23