diagnosis
Jiang argues that China's dependence on Middle Eastern oil and prior infrastructure investments leave it in short-term trouble after Hormuz and the Middle East war, forcing it to accept American LNG purchases.
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LNG
Jiang argues that China's dependence on Middle Eastern oil and prior infrastructure investments leave it in short-term trouble after Hormuz and the Middle East war, forcing it to accept American LNG purchases.
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Timestamped Evidence
Transcript
"It was the US Navy that guaranteed the protection of Chinese trade. And it never occurred to Chinese policy makers that one day, one..."
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"...is that China will become a major purchaser of America, American LNG. China has absolutely no choice in the matter. Okay. Absolutely no choice...."
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"...deal with America. And in this deal, China will buy American LNG. How would you perceive such a deal? And this is just a..."
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"...soars. The American economy soars because the world is dependent on LNG from the United States. The reality is that it's possible that Trump..."
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"...right now, so no more oil, no more energy, no more LNG from the Middle East. So you might go to Angola, but this..."
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"...East Asia to depend more on North American resources, right? So LNG from America. And you can do that by sabotaging the economies of..."
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"...you are the only supplier of energy, of oil and gas, LNG, they have absolutely no choice but to sell their gold and buy..."
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"...seeing seven major shortages. Okay. So yes, we know oil and LNG are being stopped. Okay. But actually the problem is much worse because..."
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"...is Qatar. Okay, so Qatar provides 20 % of the world's LNG. And this is a major escalation. And again, as I pointed out..."
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Relevant Lectures And Readings
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The interview begins with Iran and the petrodollar, but Jiang's answer keeps widening.
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