China is racing to secure alternative oil supplies after prolonged disruptions in the Strait of Hormuz. The conflict is now squeezing imports and straining key sectors of its economy, according to regime insiders familiar with the situation.
Several China-based insiders spoke to The Epoch Times on condition of anonymity out of fear of reprisal.
Shipping Shock Ripples Through China
Officials in Beijing have internally classified the situation as an “energy crisis,” sources within the Chinese Communist Party (CCP) told The Epoch Times, prompting an urgent push to diversify crude imports away from the Middle East. The effort includes ramping up purchases from Russia and Kazakhstan while exploring new suppliers in Africa, Latin America, and even the United States.