They’re the first electrostate, and their success is our global success as their innovation and exports destroy the demand for fossil fuels globally.

Ember Energy: China Cleantech Exports Data Explorer - https://ember-energy.org/data/china-cleantech-exports-data-e... (updated monthly)

China’s Oil Hoarding Clouds Outlook for Slowing Demand Growth - https://www.bloomberg.com/news/articles/2025-12-11/china-oil... | https://archive.today/YLDHL - December 11th, 2025

> China’s oil demand growth is forecast to be 150,000 barrels a day next year, according to the median estimate in a Bloomberg survey of analysts. Energy Aspects was the most bullish, expecting daily growth at 320,000 barrels, mainly on rising petrochemical demand. Still, the prediction is a year-on-year drop.

> “It’s an irreversible path,” said Ye Lin, vice president of oil markets at consultancy Rystad Energy, which also forecasts demand growth falling in 2026. “The market is now feeling the impact of China’s fast-growing EV fleet.”

Rhodium Group: Electric Trucks and the Future of Chinese Oil Demand - https://rhg.com/research/electric-trucks-and-the-future-of-c... - July 1st, 2025

> Analysts have been discussing “peak oil” for decades. We’re hardly equipped to wade into that debate ourselves, even as Chinese demand will be a critical variable in future global oil demand. But the ongoing electrification of China’s vehicle fleet, especially in trucking, suggests long-term headwinds to diesel and gasoline demand. We estimate the total electric vehicle fleet is already displacing over 1 million barrels per day in implied oil demand—equivalent to roughly the daily oil production of Oman. That level is likely to rise by around 600,000 barrels per day over the next 12 months.

(TLDR At current electrification rates, China is destroying ~1M barrels/day of oil demand every 24 months)

HN Search: china electrostate - https://hn.algolia.com/?dateRange=all&page=0&prefix=false&qu...

HN Search: china renewables - https://hn.algolia.com/?dateRange=all&page=0&prefix=false&qu...

China is pushing this because they have an oil problem. They are deeply dependent on oil that ships via sea and any conflict could quickly starve them of access to oil. Thus a focus on trying to get some energy independence.