I have to admire China's strategic vision; it's still very sharp. When the Middle East gets into a conflict, oil supplies become tight, and prices soar. Other countries panic, but we have already made preparations in advance. Most of our country's oil relies on imports, with more than half coming from the Middle East. If things get chaotic there, our oil security will be affected. When their supply is cut off, industrial, transportation, and living costs will all increase. That's why the country planned ahead early on.
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I have to admire China's strategic vision; it's still very sharp. When the Middle East gets into a conflict, oil supplies become tight, and prices soar. Other countries panic, but we have already made preparations in advance. Most of our country's oil relies on imports, with more than half coming from the Middle East. If things get chaotic there, our oil security will be affected. When their supply is cut off, industrial, transportation, and living costs will all increase. That's why the country planned ahead early on.