China’s reliance on imported oil has sharply declined in recent years, raising questions about the factors behind this shift. While the country remains a major global energy consumer, domestic production and alternative energy sources appear to be playing a growing role. Analysts point to policy changes and economic adjustments as key drivers, though challenges in sustainability and geopolitical risks persist. The trend highlights broader shifts in China’s energy strategy amid global market fluctuations.
China’s oil dependence is ‘dropping fast’. What changed? Firstpost
