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China’s apparent stockpiling of key commodities has led some hawkish commentators to suggest they might be preparing for major trade disruption in the event of an invasion of Taiwan. But is this actually what’s happening? Or is this economically innocent?
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Sources:
China oil stockpiles
https://www.oilfieldtechnology.com/special-reports/23092025/rystad-energy-chinas-oil-stockpiling-explained/Â
https://www.bloomberg.com/opinion/articles/2025-09-18/oil-market-why-is-china-stockpiling-so-much-crudeÂ
https://www.bloomberg.com/news/articles/2025-09-10/china-s-oil-stockpiling-keeps-traders-guessing-at-appecÂ
https://tradingeconomics.com/commodity/brent-crude-oilÂ
Other stockpiles
https://www.economist.com/finance-and-economics/2025/10/26/chinas-secret-stockpiles-have-been-a-great-success-so-farÂ
https://chinapower.csis.org/china-food-security/Â
https://www.bloomberg.com/news/articles/2025-03-21/china-to-add-cobalt-copper-in-boost-to-state-metal-reservesÂ
Malacca dilemma
https://en.wikipedia.org/wiki/Energy_security_of_ChinaÂ
Pork stockpile
https://www.straitstimes.com/asia/east-asia/china-to-spend-24-2-billion-stockpiling-agricultural-products-in-2025
