The People’s Republic of China is often referred to as the home of the Red Dragon which in oriental terms is considered to be auspicious and an indicator of prosperity and a storehouse of wealth. The PRC was not always aware of its self reliant resources till the time it moved ahead of the Russian dependence and extracted its own resources wherein it has produced energy from oil and progressed to capitalizing on its other natural resources like gas, coal and nuclear energy as well.
The PRC however has also faced environmental concerns and in addressing the same has invested in considerable policy change measures as well as the required technological support for developing clean efficient and sustainable energy from renewable sources.
Aruvian's R'search analyzes The China Energy Industry in a PEST Framework Analysis. A PEST analysis is concerned with the environmental influences on a business. The acronym stands for the Political, Economic, Social and Technological issues that could affect the strategic development of a business. Identifying PEST influences is a useful way of summarizing the external environment in which a business operates.
