Why China can withstand oil’s surge past $100 more easily than other countries

Why China can withstand oil’s surge past 0 more easily than other countries


Key Points
  • The latest Middle East tensions shed light on how the world’s three largest oil consumers have taken different approaches to energy.
  • China has gradually increased the share of renewables in its total energy demand, more than the U.S. and India.
  • China is the world’s largest oil importer, but it relies less on energy imports than India does.



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