War and Energy Shortages Boost China’s Influence
2 Articles
2 Articles
War and Energy Shortages Boost China’s Influence
New York Times: “As the war in Iran drags on, China has deepened its influence with fuel-starved neighbors, offering to ease shortages while pushing its renewable energy technology.” “In the days after the United States and Israel attacked Iran and the Strait of Hormuz was closed, China banned oil-product exports, squeezing Asian countries that rely on its refineries for jet fuel, gasoline and diesel.” “Across Asia, governments are petitioning B…
In the midst of the energy crisis resulting from the war between the US and Israel against Iran, China's fuel exports to Southeast Asia have rebounded, but the barrels flowing "are not charity, but diplomacy" with which Beijing gains influence over its neighbours. Zameer Yusof, an analyst for the Kpler consultant, argues in a report to EFE that China follows "a political, not a market logic" in the allocation of its oil exports, on which it impo…
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