Name: Steven Okun: China's resilience amid the energy crisis
Uploaded: 2026-04-03T20:34:19+08:00
Duration: PT59.36S
Description: Steven Okun, CEO of APAC Advisors, recently told Asia News Weekly that China's energy transition in the electric vehicle sector started much earlier than in most countries and has seen impressive results. When other nations face rising oil prices, China

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Steven Okun, CEO of APAC Advisors, recently told Asia News Weekly that China's energy transition in the electric vehicle sector started much earlier than in most countries and has seen impressive results. When other nations face rising oil prices, China is much less affected by the shock. Supported by abundant alternative energy resources, China can more quickly and easily mobilize coal than others to replace oil and gas when needed, securing energy security. Okun also observed that China has a unique negotiating advantage in complex geopolitical situations, enabling it to reach agreements with countries like Iran to keep oil and gas supply chains through the Strait of Hormuz flowing smoothly. All of this enables China to show remarkable resilience amid global energy market turbulence.

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