Focus topics

Oil and soy: ‘the fate of our nation’

When we think of import dependency, one very specific resource comes to mind: crude oil. The People’s Republic of China has been the world’s largest oil importer since 2017. And the gap between a stagnating domestic production volume and the ever-growing demand is widening. As if that were not enough, oil is not the only resource of which China has too little. Aside from fragile power security, there are other vulnerabilities.

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