Apparently China just left the EUOctober 28, 2021 Tim WorstallEuropean Union3 CommentsChina rations diesel amid fuel shortages previousNot wholly and really, nonextAha, a proper forecast! 3 thoughts on “Apparently China just left the EU” Boganboy October 28, 2021 at 9:10 am The Chinese have been buggering around with the import of Aussie coal for years. I’d assumed they’d made arrangements to buy it elsewhere. Evidently not. But the whinges about higher prices are ridiculous. Obviously if they choose to buy higher cost, lower quality coal it’ll cost more. The simplest solution, if it’s beneath their dignity to simply resume buying the stuff from Oz, is to make arrangements with other users to buy their junk coal at higher prices, while they help them to buy the Aussie stuff. As for the diesel, I thought the Chinese had plenty of money to buy it from the Middle East. Maybe Biden’s restrictions on fracking mean the Yanks have had to go back to importing oil. Pat October 28, 2021 at 11:25 am It should have been Brexiteers running project fear. Pay us trillions to remain or there will be chaos worldwide. philip October 28, 2021 at 11:58 am China is also energy inefficient. It costs them 15-20% more power to produce the same output as developed countries. So we’ve not only exported our jobs and pollution, we’re making an extra donation to global warming. One for the greenies to ponder. Leave a Reply Cancel replyYour email address will not be published. Required fields are marked *Comment Name * Email * Website Save my name, email, and website in this browser for the next time I comment.