A lesson in foresight from China

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CHINA added 543 gigawatts of new power capacity across all technologies last year, according to Bloomberg News (January 28, 2026). The report says that this is 12% more than India’s entire power generation (as of end 2024). Of this addition, more than 80% was in renewables, shared between solar and wind energy. As per the US Energy Information Administration, China holds the world’s largest strategic oil reserves (about 1.4 billion barrels). Interestingly, it significantly expanded its reserves in 2025, taking advantage of discounted Russian, Iranian and Venezuelan barrels. India held only 21 million barrels. Over the past few decades, China…

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