This Is Not China’s War, but Beijing Started Preparing for It Years Ago
📖 Full Retelling
Long concerned about geopolitical crises, China redoubled efforts to secure energy security when President Trump started raising the stakes in his first term.
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China is still the world’s largest buyer of oil and gas, and three-quarters of its oil is imported. While Beijing does not disclose the size of its reserves, its crude oil imports increased 4.4 percent in 2025 over the previous year, while its consumption grew 3.6 percent, according to the Chinese government. But after billions of dollars in direct subsidies to electric vehicle makers and hundreds of billions invested
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