China is now building the biggest high-speed railway system and the biggest electrification transport system in the world. China is seriously working to rely less on fossil fuel, to immunize itself from being taken hostage by oil producing countries, with the USA intending to weaponize oil production to cripple China. You do not have to speculate why the USA is seizing oil from Iraq and Venezuela, controlling the Middle East oil producing countries and having eyes on Iranian oil as well.
The War against Iran and the Strait of Hormuz crisis is giving China a dry run in the event of oil blockade by the USA. The motto of China is - be prepared. and China is preparing on all counts. China is building up its renewable energy infrastructure in wind and solar, on top of dam construction, nuclear power station construction and constructing massive underground oil storage system that are safe from sabotage. While most countries have storage facilities mostly above ground, China is aware that such storage above ground poses several disadvantages and easily bombed to smithereens by enemies. This is the same thinking as what Singapore is doing by building huge underground caverns for oil storage, knowing that it is vulnerable to oil shocks by depending on other countries for such an important commodity.
In terms of scale, no country can compete against China, whether it is in scale of manufacturing facilities, refining facilities, sourcing of raw materials and competing against the best of the best in vehicle production, shipbuilding, infrastructure building and now in high tech industries.
China calculated with long term foresight regarding what is essential, what it needs to take control over and corner, what to build and what expertise to nurture to make all this happen.
Anonymous
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