Daniel Fu
Experts in the People’s Republic of China (PRC) argue that the country’s energy system is resilient enough to withstand major external disruptions, including conflict in the Persian Gulf, repudiating Western claims of PRC vulnerability to strategic chokepoints.
Through supply route diversification via Russia, Central Asia, and Southeast Asia, potential blockades of the straits of Hormuz or Malacca now inflict less economic damage to the PRC’s energy supply. Global economic interdependence and the PRC’s growing domestic energy capacity further limit risk of disruption. Strategic petroleum reserves, diversified imports, domestic production (especially coal), and rapid expansion of renewable energy have helped reduce the PRC’s reliance on seaborne oil and enhanced its long-term energy security.
No comments:
Post a Comment