China energy consumption, and the Trade War with the United States, the attack on Saudi Arabian oil and its subsequent sharp decline in production, and pushback on Chinese claims to oil and gas rights in the South China Sea have all been heavy blows to China in the past months. As China’s economy expands, so too does its bottomless demand for economic inputs and primary materials. And judging from recent events, the country is already scrambling to meet energy and water demand at its current levels – which is especially concerning when you consider that these demands are set to skyrocket. China relies heavily on international trade to feed its industries’ energy consumption, and the Trade War with the United States, the attack on Saudi Arabian oil and its subsequent sharp decline in production, and pushback on Chinese claims to oil and gas rights in the South China Sea have all been heavy blows to China in the past months. In another particularly unfortunate turn for China, a forecast report released by the International Energy Agency (IEA) in June reported that the country’s natural gas consumption is projected to grow at nearly double the rate of Beijing’s previous projections. “This came three months after the government of President Xí Jìnpíng took the gamble to impose a 25 percent tariff on liquefied natural gas (LNG) imports from the United States starting June 1,” reports SupChina. While China was already feeling a major energy squeeze, their own decisions in the U.S. trade war have undoubtedly made an already bad situation worse. China is currently the world’s fastest-growing importer of natural gas (not to mention the fastest-growing consumer of oil) and is the second biggest importer of liquefied natural gas in the world, following Japan.

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