Let's fast-forward to a slowing economy in China, but one that is rapidly modernizing its methods of production, building new sectors that are leading on innovation, and even becoming robotic. Its resources are stretched, but oil prices are low and are likely to stay that way for some time due to the decentralized oil pricing that fracking has brought to the equation, as well as the economies of scale that are unfolding in the space of renewables, batteries, electric cars and the movement of smart money away from carbon-focused entities.
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