Chinese ambassador: don't blame China for high oil prices - WDRB 41 Louisville News

Chinese ambassador: don't blame China for high oil prices

Just two weeks before the Olympic games, China's ambassador to the United States makes a stop in Louisville.

Zhou Wenzhong presented a lecture downtown Wednesday.

It was part of the World Affairs Council of Kentucky and Southern Indiana's special events series.

The ambassador emphasized the need to find common ground between the U.S. and China.

He also responded to critics who say China's economic activity is the cause of oil price hikes.

"I think, this really is not true, because China's import of oil only constitutes a small portion of oil trade in the world.  It's less than ten percent," Wenzhong said.

The ambassador also talked about the upcoming presidential election.

Wenzhong said it doesn't matter who wins as long as the U.S. and China continue to work together.

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