running out

running out

China's race for resources and what it means

10mo ago
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Our planet's resources are running out and that nations are competing over increasingly scarce commodities: oil, food and water. Shortages mean dizzying price rises. In the Himalayan borderlands, China and India wrestle for the water supplies of most of South and East Asia, whose rivers are fed largely by glaciers. From Sudan to Zimbabwe, foreign corporations and states alike are buying up huge tracts of arable land. And high in the Andes, 1 trillion ton mountains are being sold to the highest bidder to be blown apart for the precious metals buried deep within them. Meanwhile, China has embarked on one of the greatest commodity rushes in history. Dambisa Moyo argues in her new book, Winner Take All, that this scramble for resources threatens world stability. In this talk, she set out the action she thinks is needed for a just, balanced and peaceful global economy.