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China still needs to import most of the oil it uses. Any major economy would be crippled if it needed to cut down oil consumption by half or more within a short
by nopinsight 8y ago
China still needs to import most of the oil it uses. Any major economy would be crippled if it needed to cut down oil consumption by half or more within a short time frame.
- perl4ever 8y agoSince oil is distributed all over the world, I don't think losing access is something that China should worry about any more than the US. Historically, the nations that had to worry about others cutting them off were the ones that set out to conquer the world and got everybody to oppose them together.
- nopinsight 8y agoGeopolitics is much more complex than that. The US is still the world's number one power with global influence as well as allies and several bases in the most important oil-exporting region in the world. China does cultivate friendship with their big oil-exporting neighbor to the north but they do not want to depend too much on that either. In any case, less dependence on oil import is a major reason they push EVs and renewable energy very hard.