Rebecca Fang

speaker
30 appearances 1 recordings 1 series first heard Jun 2026 last heard 12 Jun

Rebecca Fang’s voice in public audio — every appearance, attributed to the second.

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Recordings per month over the last 12 months — 1 in all, peaking in Jun 2026 with 1.

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Oil is part of it, but the other is renewable.
So wind, solar, you name it.
And China has made it almost like a national priority to really heavily develop this renewables industry.
This kind of decrease in import will impact the Chinese economy eventually.
A lot of the Chinese crude oil imports goes into petrochemical factories to produce plastic and all kinds of other things.
So if prices for petrochemical feedstocks go up, then
eventually manufacturing will become more expensive and China relies on manufacturing and exporting manufactured goods.
But if China starts importing again, some analysts were saying in the next week or two, others are saying in six months, that would definitely boost oil prices.
But one thing I just want to say is it is pretty incredible because China actually as a country relies 70% of its crude oil on imports.
For China to be able to kind of just slash imports this way is pretty impressive.
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