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CHINA has announced that it is EXITING from its OIL & GAS investments in the WEST. China has invested in Oil & Gas fields in countries including USA, Canada & UK over the past 10 years or so. However after CNOOC was BLACKLISTED by the USA & The USA issued THREATS OF SANCTIONS against China it has now announced that it is exiting from all of these investments. In this video I provide the full details and discuss the potential implications of this for both China and the Global Economy.
For specific details please check out the CHAPTER list below.
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Chapters:
0:00 Intro
2:53 CNOOC
5:45 RUSSIAN SANCTIONS
7:29 CNOOC EXIT
10:19 PETROCHINA
13:32 WHY NOW?
16:27 SUMMARY & CONCLUSION
#ukraine
#russia
#CNOOC
#PETROCHINA
#gas
#poland
#globalfinancialcrisis
#ruble
#swift
#recession
#china
#usa
#nato
#ww3
#worldwar3