Khaberni - While China's rivals were preoccupied with internal and external conflicts and wars, China was silently working, as it is the second largest oil consumer in the world, consuming approximately 17 million barrels of oil daily. It formulated a three-year economic plan to reduce daily consumption to 5 million barrels per day. This decrease in consumption should not be seen as a negative indicator of its economy; on the contrary, it has invested about 940 billion dollars in recent times in projects aimed at transitioning to the use of clean electric energy instead of crude oil. This astonishing amount equals the budgets of large nations combined, like Canada, India, and Europe, in their spending on clean energy. Additionally, China uses wind energy as an alternative to oil in numerous industries and is the largest producer of electric vehicles worldwide, capturing 58% of the global electric car market. This is due to ongoing planning, support for artificial intelligence projects, innovation, and owning 60% of the rare precious metals used in the manufacturing of electric cars and their batteries. Furthermore, it controls 80% of the world's solar panel supply chains and if it continues at this accelerated pace, China will become unrivaled in the field of clean electric energy.
In summary, the Chinese Dragon is conquering the world, particularly through recent international trade partnerships with Russia and India, where it has opened very important production lines in exchange for credit facilitations and reductions in shipping costs. Thus, it dominates global shipping lines and the trade market, dealing a painful blow to its arch-rival, the United States of America.
