Economy

This Is Not China’s War, but Beijing Started Preparing for It Years Ago

Asia / China0 views1 min
This Is Not China’s War, but Beijing Started Preparing for It Years Ago

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China has been preparing for a potential energy crisis by stockpiling oil, pursuing renewable energy sources, and reducing its reliance on foreign-sourced raw materials. The country's efforts have paid off, as it has proven more resilient than much of the rest of the world in the face of the current energy shock.

China has been preparing for a potential energy crisis for years. It has stockpiled large amounts of oil and pursued renewable energy sources like solar and wind power. The country has also reduced its reliance on foreign-sourced raw materials by harnessing technology. China's ruling Communist Party has long viewed its industries as the foundation of its national security strategy. The country has doubled down on policies to build up local industries, strengthening its global dominance over resources and supply chains. China's efforts have paid off, as it has proven more resilient than much of the rest of the world in the face of the current energy shock.

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