The China -Russia Natural Gas Cooperation Project makes the EU very angry: the key competition is losing to China

Author:Kim Can Rong Channel Time:2022.09.21

Recently, with the continuous evolution of the Russian -Ukraine conflict, the global situation is showing an increasingly complicated trend. In addition to the more and more military levels, the impact of changes in the economic pattern brought about by this conflict is more profound.

After the outbreak of Russia and Ukraine's conflict, Western countries led by the United States have initiated oil and natural gas for sanctions on Russia. Recently, Russia's oil limitation measures have also been made. This series of actions undoubtedly allowed the past traditional energy supply pattern to experience the global reorganization.

The price of this reorganization must face huge pain. Over the past few months, CPI data in the United States has long maintained a severe inflation state of more than 8%for a long time, and the Fed has nothing to do with this. The EU's situation is even more miserable. Due to the directly linked to Russia's energy, the EU's natural gas prices have repeatedly reached high, and the price of power prices has increased by nearly 10 times. Although oil prices have fallen, they are still costly. The impact of energy inflation is obvious. For the people, in addition to the rapid increase in living costs, it may also face the dilemma of no natural gas available in winter. For enterprises, the pressure of inflation has greatly increased corporate costs and also reduces market demand. It can be said that EU countries are now uncomfortable with this inflation, and the dissatisfaction of the people is getting worse.

In theory, inflation always has a past day, and the reorganization of the energy structure always has a day of completion. But is there really that simple? the answer is negative.

According to the recent reports of the media, projects on the construction of the "Siberian Power-2" natural gas pipeline about the Sino-Russian plan have caused heated discussions in EU countries. A large number of EU people were completely angry and laughed at the stupid behavior of the EU Commission chairman Feng Delin's sanctions on Russia. They believed that the European Union was losing to China and was sad for the EU's current situation.

Why does energy cooperation between China and Russia make the European Union so sensitive? The reason is not surprising.

First, the EU is jealous of these natural gas. In the past few months, Russia has also adjusted sharply in energy exports. From the main supply in the past, it has changed its main supply in Asia, and China is the number one customer in Russia. Russia's Deputy Prime Minister Alexander Novak said that the Siberian Power-2 natural gas pipeline built this time is enough to replace Russia's "Beixi 2" natural gas pipeline. Now that the EU's own energy is not enough, it is inevitable that the psychology is inevitable.

Second, the European Union is unwilling to see Russia from getting rid of sanctions. Since the outbreak of Russia and Ukraine's conflict, the EU has been trying to suppress Russia's energy finances through energy sanctions, and then overthrow Russia's overall national strength. However, the effects present today are embarrassing. The European Union itself is miserable because of sanctioning Russia. As a result, Russia easily avoids sanctions through cooperation with China. The EU's mentality explosion is sure.

Third, the European Union is afraid to lose its industrial competition with China. In recent years, with the rise of China to become a world consensus, the EU's attitude towards China is actually very subtle. Recently, the public opinion of Germany's speculation decoupled from China is a typical mentality. The competitiveness of returning to China and the European Union is undoubtedly the top priority. In recent years, the booming development of artificial intelligence, 5G, and new energy is leading a new round of industrial revolution. Whether it is China, or the European Union, it has increased capital investment in this regard. The driving force of energy as industry is undoubtedly cheaper, the better. Now China and Russia will strengthen energy cooperation. China will long for a long time to obtain cheaper energy than the EU in the future. Enter the wind.

Summarizing the current situation of the European Union, the reorganization of the energy pattern, the difficulty of sanctioning Russia, and the expansion of the disadvantage of competition with China's industrial industry. It is no wonder that the EU people will be so angry. But anger is undoubtedly useless. If the European Union wants to save itself, it must get rid of the US politics and face up to the relationship with Russia. Unfortunately, there is no one who can pick the beams today.

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