BEIJING — China outlined plans Monday to enhance its energy security through greater use of renewable sources on mounting tensions with key fossil fuel exporters like the U.S. and Australia.
“We are aiming for diverse and secure energy sources in order to maintain our supply-demand balance,” Zhang Jianhua, director of China’s National Energy Administration, told reporters that day.
Though China produces a large amount of coking coal, it imports higher-quality coal from Australia and liquefied natural gas from the U.S. Beijing’s growing diplomatic feuds with Canberra and Washington could disrupt the flow of these fuels, damaging President Xi Jinping’s efforts to create independent supply chains at home. Read more…..
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Ties between Australia and China are unravelling fast. Beijing has imposed a tariff of up to 212 percent on Australian wine, the latest in an escalating dispute.