The Impact of International Relations Patterns on China's Energy Security Supply, Demand, and Sustainable Development: An Exploration of Oil Demand and Sustainability Goals

This study explores the impact of international relations on China's energy security and supply/demand dynamics, specifically focusing on new energy sources and technological advancements. Given China's status as the world's largest energy consumer, achieving a balance between energy supply, demand, and sustainable development is crucial. This study quantifies the influence of international relations on the energy market, particularly the uncertainties arising from geopolitical events and international tensions that affect energy supply and prices. The research findings indicate that, in a long-term cointegrated relationship, a 1% change in the geo-political risk (GPR) index leads to a 0.229% change in China's crude oil imports. Additionally, the impact of China's GDP growth, carbon emissions, and sustainable energy consumption is -2.176, 0.723, and 0.167, respectively. This study also discusses the reasons behind the differential impact of crude oil prices on the United States and China. Recognizing the interplay between China's energy security and international relations is vital for effective policy formulation. This study provides valuable insights for policymakers and stakeholders to ensure a sustainable and secure energy future.

Automated summary

This study examines how international relations impact China's energy security and supply/demand dynamics, with a focus on new energy sources and technological advancements. As the largest energy consumer in the world, China must achieve a balance between energy supply, demand, and sustainable development. The research findings reveal that international relations influence the energy market, particularly due to uncertainties caused by geopolitical events and international tensions that affect energy prices and supply. The study also identifies the differential impact of crude oil prices on the United States and China. Recognizing the relationship between China's energy security and international relations is crucial for effective policy formulation. This study provides valuable insights for policymakers and stakeholders to ensure a sustainable and secure energy future.