World Bank (Lieberthal , 36 ) Of all the major sectors of the Chinese economy , energy is probably the most critical one in terms of sustaining the PRC 's modernization program . In this sector the role of foreign capital is becoming more significant . For example , a joint venture has been established at the Pingshao coal mine , and the construction of a power station in Guangxi Zhuang is financed entirely by foreign investment . In the areas of petroleum and natural gas , a greater...











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