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1. #NixonMao #rapprochement 50th ANNIVERSARY: SOME FACTS & LESSONS.
In only 50 years, everything changes. Strategic interests of two great powers aligned then as much as they clash today.
I hate threads but my blog is not out yet: here some disorderly thoughts.
2. In 1972, China needed to avert a terrestrial invasion from #USSR. The #UnitedStates was keen to gain a heavy-weight partner to checkmate #Moscow; but the long-term objective was to bring the most populous country into a rising US-led global economic order for the US to profit
3. In the following decades, the relationship was not void of tensions. However, strategic interests were important enough to save it from #TaiwanRelationsAct, #Reagan anti #communism and support for #Taiwan; #TiananmenSquare; #StraitCrisis 1995-1996; #Belgrade bombing
Read 23 tweets
Well, breaking news will now keep coming every day ahead of #COP26 but this one could have MASSIVE implications for global energy markets & #fossilfuel demand: #China announces first details of its carbon neutrality framework aiming at #netzero by 2060 1/5 gov.cn/zhengce/2021-1…
The document introduces several consumption "peaks": peak #coal by 2025, peak #oil during the 15th 5-yr plan (2026-2030). Food for thought for #China's largest oil suppliers #SaudiArabia, #Russia, #Iraq, #Angola, #Brazil; and coal suppliers #Russia, #Indonesia, #Australia. 2/5
Energy #efficiency is one of the highest priorities. 2025 target is to reduce energy intensity of GDP by 13.5% compared to 2020 (note, the baseline is the COVID year)! New standards and certification to be introduced for #steel & other energy-intensive industries. 3/5
Read 5 tweets

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