This paper is about China's development into a modernized nation. The paper delves into the subject of why China's modernization
was set back for so many decades and what projects it took to join the modern world. The paper includes a discussion of Special Economic Zones, the Cultural Revolution, Mao Zedong, and much more. Next, the paper looks at the consequences of China's rapid growth, especially at its effect on the oil
market and the
global economy. in general. The paper also discusses OPEC, CNOOC, CNCP, and SINOPEC.