OIES Podcast – China’s Two Sessions

In this podcast from the China Energy Programme, OIES China Programme Director Michal Meidan and OIES Senior Research Fellow Anders Hove discuss the takeaways from China’s Two Sessions, a series of important government meetings that assess progress and lay out plans for the coming year. The discussion centres on the outlook for the economy in light of the lack of a major stimulus, whether oil and gas demand will hold up in a time of slower growth, and whether strategies for development in the ‘Three New’ sectors of the economy (EVs, solar, batteries) can succeed given price wars and overcapacity in these fields. The two also debate whether the Two Sessions showed any signs of a ‘pendulum swing’ towards environmental policy, given the apparent abandonment of the energy intensity target and switch to a softer fossil fuel intensity target.