cross-posted from : https://lemmy.zip/post/68671425
China’s massive oil reserves and diversified energy mix have helped soften the Iran war’s global economic impact, European Central Bank (ECB) economists have said.
Thank China for saving global economy, ECB analysts say
https://www.euractiv.com/news/thank-china-for-saving-global-economy-ecb-analysts-say/
6 Comments
Pip@feddit.org · 10 pts · 14d
Well, I'm waiting for outlets to write: Thank Europe for saving the economy. Europe also has massive reserves and a diversified energy mix...
tardigrade@scribe.disroot.org · 5 pts · 14d
Yeah, and don't forget Europe saves China for keeping its markets open as China depends heavily on exports given consumer confidence in its domestic market is low, the property crisis is still looming, public debts are increasing, U.S. tariffs are high, ...
Oh, and the same propaganda works also elsewhere, of course. As one example:
China does Australia an 'enormous favour' to keep oil prices down
To save you a click: It's basically the very same narrative, but this time it's not Europe but Australia. As if China had stockpiled oil to help others ...
doben@lemmy.ml · 0 pts · 14d
Oh, so now even the western outlets are doing propaganda for China? Isn‘t that odd?!
Good thing Europe will save the economy and is actively saving China! How very mean of China to leave Europe in such a bad light, instead if thanking us!
runblack@feddit.org · 1 pts · 14d
Our heroic petroleum reserve, their brutish oil stockpile.
ChaoticNeutralCzech@feddit.org · 1 pts · 14d
Theoretically, Europe could significantly drop gas/oil imports too. But did it? No, it would destroy the ruling parties.
ZkhqrD5o@lemmy.world · 1 pts · 14d
Propaganda clickbait headline.