The Dragon's Feast: China Reshaping the Global Economy One Deal at a Time
China’s Growing Appetite for LNG Is a Long-Term Concern for Europe. Europe made it through winter without an energy crisis thanks to a helping hand from China. The Asian country’s restrictive anti-Covid policies constrained economic growth and its appetite for liquefied natural gas, freeing up supply for elsewhere. That assistance could turn into influence as China rushes to secure LNG for the coming years, signing the most long-term purchase agreements of any nation. Firms based in the country account for roughly 15% of all contracts that’ll begin delivering LNG supply through 2027, according to an analysis of BloombergNEF data.
TOPICS AND TIMESTAMPS:
China vs West 0:00
Reopening 9:08
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