Translation Tag: energy security
This piece from the U.S. studies program at Ministry of State Security-linked think tank China Institutes for Contemporary International Relations argues that the Ukraine war heralds the end of the post-Cold War order. The article argues the United States has been the biggest beneficiary of the war so far, leveraging the crisis to strengthen its alliance network and fight a proxy war with Russia. The authors of the report warn countries in Asia to remain vigilant to what they describe as U.S. efforts to preserve and expand its hegemony in ways that might destabilize the region.
Feng Yujun, a senior Russia expert at Fudan University, argues that while Russia’s relations with the West have deteriorated precipitously since its invasion of Ukraine, China-Russia ties have been characterized by regular diplomatic contact, increased trade, and alignment in international organizations. Feng argues that strong and stable ties with China are increasingly critical for Russia as its international status and influence decline.
In response to economic uncertainty and instability in China brought on by the COVID-19 pandemic and the Ukraine crisis, this State Council Notice outlines several measures aimed at stabilizing the economy, including adjustments to fiscal and monetary policies, as well as directives to secure supply chains and energy supplies. Notices such as these are promulgated to all levels of government throughout the country as policy directives.
This excerpt from a lengthy news report, written in April 2022, examines the global energy market amid the Russia-Ukraine war and takeaways for China. The author suggests that “although the Russia-Ukraine conflict is far from Asia, the global energy market is unitary in nature.” He argues that high oil prices are a “further warning of the importance of diversifying energy supplies for energy security.”
This article, published by a Sinopec-affiliated journal, a Party official calls for China to promote a “Petro-RMB” and the construction of a “new order of global energy governance.”
A senior economist from the state-owned Sinochem conglomerate argues that in face of what he sees as an increasingly unstable geopolitical situation, China should increase its investments in renewable energy.
The National Energy Administration calls for strengthening energy reserves and preparing China’s energy sector to transition to more non-fossil energy sources. These Opinions are disseminated to all relevant provincial-level agencies to guide and help implement energy policies throughout the year.
In this article appearing in the state-backed The Paper (澎湃), several experts offer opinions on how the recently announced “Opinions on Accelerating the Construction of a National Unified Market” will impact energy supply and costs.
The chief economist at a state-owned energy investment firm argues that in the wake of Russia’s invasion of Ukraine, China must diversify its energy sources, increase its energy independence, and promote the use of the RMB for pricing and settling international energy transactions.