How China got its claws into the West’s net zero transition

"The key channel by which secondary tariffs on buyers of Russian energy could impact the global economy would be through the level of energy prices," says Kieran Tompkins from the consultancy Capital...

Russia’s crude oil exports account for 5 per cent of global consumption, or about 4.5mn barrels per day, according to Kieran Tompkins at Capital Economics. Ever since the start of the war in Ukraine...

“China holds most of the cards for the copper needed for the green transition,” says Kieran Tompkins, a commodities economist at Capital Economics.