In this episode, Samo Burja and Erik Torenberg discuss China's energy strategy and its broader geopolitical implications. Contrary to popular belief, China is not aggressively pursuing energy independence but remains reliant on imports despite significant domestic oil production. The conversation delves into China's geopolitical strategy, its military preparedness, and the potential consequences of a conflict over Taiwan. The episode also explores the broader implications of a potential U.S.-China industrial competition and the risks of a bipolar world.

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This show is produced by Turpentine: a network of podcasts, newsletters, and more, covering technology, business, and culture — all from the perspective of industry insiders and experts. We’re launching new shows every week, and we’re looking for industry-leading sponsors — if you think that might be you and your company, email us at erik@turpentine.co.

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REFERENCED ARTICLES:

“China Isn’t Pursuing Energy Independence” https://brief.bismarckanalysis.com/p/china-isnt-pursuing-energy-independence

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LINKS:

Samo’s Bismarck Brief: https://brief.bismarckanalysis.com/

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FOLLOW US ON X:

@eriktorenberg (Erik)

@samoburja (Samo)

@turpentinemedia (Turpentine)

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TIMESTAMPS:

(00:00) Intro

(00:28) China's Energy Strategy: Pursuit of Economic Growth over Energy Independence

(01:53) The Potential of China's Domestic Oil Resources

(05:14) China's Economic Priorities

(05:59) China's Relationship with Iran and Russia

(08:53) Why It’s Important for China to Achieve Resource Independence

(12:27) Strategic Miscalculations and the Risk of Conflict with China

(16:15) SPONSORS: Beehiiv | Babel

(19:00) China's War Likelihood Perception 

(20:34) China's Military and Economic Strategy

(25:56) Potential Conflicts in East Asia

(28:52) The Role of Industrial Capacity in Modern Warfare

(31:10) The United States' Strategic Dilemma with China

(33:32) China's Military Preparations and Oil Resources

(38:48) The Taiwan Conflict: Economic and Military Implications

(48:20) Strategic Competition and the Future of Global Power

(51:20) The Sustainability of a Bipolar World

(55:13) Wrap