The Wall Street Journal reported that China has officially refused the U.S. request to stop importing Russian energy. Data shows that in 2024, energy imports from Russia accounted for nearly 20% of China's total imports, with crude oil imports reaching 108 million tons, making it the top source of crude oil for China for two consecutive years; natural gas imports were 30.52 million tons, accounting for 23.2% of the total; coal imports were 95.2 million tons, accounting for 17.5%, making Russia the second-largest coal supplier to China. These energy imports not only have large volumes but also low prices, such as a 39% discount on Russian natural gas and crude oil prices that are 10%-15% lower than market prices. The total import value of energy goods reached $95 billion, accounting for 73.5% of China's total imports from Russia.
For a long time, the United States has been waving the "long-arm jurisdiction" stick, trying to force other countries to act according to its will. However, this time China did not compromise and directly rejected the U.S. request to stop importing Russian energy. This is not an impulsive action but a consideration based on real interests. As a major energy importer, Russian energy not only provides stable supply but also has price advantages. If it is abandoned, it would be difficult to find alternatives in the short term.
America wants to sanction China, but if it really takes action, it must first consider whether it will hurt itself. So far, the means America has used to sanction China have been mainly to impose extreme pressure through tariffs. Previously, the U.S. raised Chinese tariffs to over 100%, but China was not afraid and also implemented equivalent tariff sanctions against the U.S. Now, what else can the U.S. do? It seems that the U.S. may have run out of ideas.
No matter how long the U.S. "arm" stretches, there are places it cannot reach. China has the confidence and strength to confront the U.S. head-on.
Original: https://www.toutiao.com/article/1839334239454220/
Statement: This article represents the personal views of the author.