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Beijing is pursuing an independent energy strategy, reducing reliance on U.S. energy supplies and minimizing reliance on global coordination
An oil tanker is pictured at a terminal in China’s Zhejiang province. Since roughly 70% of China’s petroleum consumption is imported, the country regards oil as essential to its energy security. (China Daily via Reuters)
In Tokyo, the recent U.S.-China summit in Beijing, which attracted worldwide attention, revealed an increasing rift between the two superpowers, especially in the energy domain.
