Australia faced the same dilemma as China in 2004 but made the wrong call
By Alan Kohler
While the rest of us count the cost in higher fuel costs, higher inflation and a weaker economy, China — the actual winner of the war — will be enjoying a surge of global interest in its solar panels, wind turbines and electric vehicles.
https://www.abc.net.au/news/2026-04-20/strait-of-hormuz-china-renewable-energy/106581226
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China's smart bet is paying off. Meanwhile, Australia pleads for fuel
While the rest of us count the cost in higher fuel costs, higher inflation and a weaker economy, China — the actual winner of the war — will be enjoying a surge of global interest in its solar panels, wind turbines and electric vehicles.




