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China asserts vital role in global supply chains amid energy crisis

China is asserting its crucial role in global supply chains, particularly in energy and fertilizers, amidst the ongoing Strait of Hormuz crisis. Vice-Premier Ding Xuexiang highlighted China's reliability during critical moments, refuting Western narratives of a "China shock" and protectionism. He emphasized that China's industrial strength is a result of domestic reforms and market factors, not government subsidies, and criticized export controls imposed by other nations. AI

RANK_REASON Article discusses a political and economic stance rather than a specific event like a product release or funding round.

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China asserts vital role in global supply chains amid energy crisis

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  1. SCMP — Tech TIER_1 English(EN) · Ji Siqi ·

    China defends role in global supply chains amid Strait of Hormuz crisis

    China’s proactive role in stabilising global energy and fertiliser markets amid the Strait of Hormuz crisis shows the country is a defender of global supply chains, rather than a disruptive force as “hyped” by the West, Vice-Premier Ding Xuexiang said on Monday. “The fact that Ch…