OilPrice.com (April 12)
The Iran “crisis has thrown the precarity of the current global energy trade into sharp relief,” accelerating shifts in energy policy. That shift is expected to include “expanded clean energy production capacity” and greatly benefit China. Chinese companies are “incredibly well positioned to continue to consolidate their dominance in global markets, as they are by far the cheapest producer and most accessible trade partner for many nations that have been left in the lurch by the effective blockade of Hormuz.”
Tags: Accelerating, Accessible, Blockade, Capacity, Cheapest, China, Clean energy, Consolidate, Crisis, Dominance, Global markets, Hormuz, Iran, Policy, Precarity, Producer, Shifts, Trade, Trade partner
Bloomberg (May 31)
“A gauge tracking Shanghai shares has taken quite a beating in the past six days, closing Wednesday at its lowest level since October 2016. While the bearish sentiment hardly bodes well for China’s big debut, it does mean foreigners are getting in at the cheapest valuations in more than two years.”
Tags: Bearish, Beating, Cheapest, China, Foreigners, Sentiment, Shanghai, Shares, Valuations
