China remains a major producer and distributor of resources. It is in fact, a world leader in the production and manufacturing of many coveted natural resources. The geography of such a large area provides many opportunities, in terms of accessibility and availability of these items, for China.
The country has a multitude of mineral reserves and holds a reputation as one of the largest producers of antimony, zinc and tungsten in the whole world. China is also known for its production of coal, iron ore, magnetite, petroleum, aluminum, natural gas, mercury, tin, lead, manganese, molybdenum, vanadium and uranium.
Most large countries depend on the realization and utilization of their natural resources for their ultimate economic success. Other small countries with few natural resources to extort depend on larger countries like China to provide necessary goods and supplies to keep their economies stable. Becoming familiar with what certain countries like China have to offer the world makes people realize the importance of stable relationships across the globe.
Many countries depend on goods supplied by China. The applications of oil, coal and natural gas are obvious; most countries require fuel and heat to thrive. “According to WebElements, goods like batteries require antimony as a lead hardener. Tungsten, because it has such a high melting point and high conductivity, is used in such applications as light bulb filaments.” Both of these metals are manufactured in China where they occur naturally and are relatively easily accessible.
In the April 2009 updated version of the Central Intelligence Agency’s “World Factbook,” crude oil and natural gas remain two of China’s more abundant and profitable natural resources. China’s oil production was estimated at 3.725 million barrels per day in 2008, which made it the fifth-largest oil producer in the world. China had 19.6 billion barrels of crude oil in reserves, according to 2008 estimates. In 2007, estimates held the country’s natural gas production at 69.27 billion cubic meters. China’s reserves of natural gas were estimated at 2.265 trillion cubic meters in 2008.
China has the largest potential for hydropower out of any other country in the world. Numerous mountain ranges with quickly flowing rivers and tributaries add to this potential. If this potential is realized, hydropower can prove to be one of China’s most valuable natural resources. If hydropower was harnessed at such a volume as to provide for other neighboring countries, many could benefit from China’s success.