China’s energy fortress was built to withstand just this type of oil shock

Beijing — For more than a decade, leader Xi Jinping has overseen a transformation within the Chinese economy with one aim: making it energy-secure. Under that vision, China has unleashed a renewable energy revolution of wind, solar and hydropower, drilled ever deeper into oilfields offshore and on, and forged pacts with partners for more supply – … The post China’s energy fortress was built to withstand just this type of oil shock appeared first on Egypt Independent .