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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