Part 9/11:
Energy Security: The Achilles’ Heel of the Chinese Economy
China's ascendancy as the world’s largest energy consumer brings with it serious vulnerabilities. With over 70% of its oil imported, disruptions in global energy supply could severely impact the manufacturing sector. Recent geopolitical events have exposed such vulnerabilities—namely, the war in Ukraine, increased tensions in the Middle East, and instability in oil-producing countries all contribute to worrying scenarios for China’s energy needs.