China’s Energy Policy: Flexible, but Unshakeable

... difficulties in stabilizing China’s economy and in implementing its policies on the domestic and foreign markets, including the energy sector. The trade conflict with the US resulted in China demonstrating its independence from American oil and LNG. For three months (between September and November 2018), Chinese companies did not purchase American oil and resumed imports in December 2018, purchasing only insignificant amounts. China quickly found replacements; Iran offered the required quantities of oil at major discounts. Ivan Timofeev: Political Multipolarity vs. Economic Unipolarity: ...