Abstract
In recent years, Sino-US trade friction has been escalating, and the Sino-US trade war in 2018 has officially sounded the alarm[1]. As one of the key links, energy trade is difficult to stand alone in this trade war. In terms of energy, technology and talents in the oil, gas and energy industries are likely to be affected. In order to deal with the impact of the trade war, China should broaden the energy import channels to ensure the energy import supply; accelerate the reform of state-owned enterprises in the energy industry to enhance the international competitiveness of products; increase investment in scientific research to promote energy technology innovation and scientific research personnel training and analyze the core issues of Sino-US trade war and look for the possibility of future cooperation.
Highlights
In November 2017, China and the United States signed a two-way investment agreement on energy cooperation projects, and the energy cooperation between China and the United States was reached
After Trump came to power in 2018, the United States began to pursue the main body of trade protection, intending to break the original structure of international trade organizations and launch a Sino-US trade war
China has lost the potential supplier of the United States, and the United States has lost the huge market of China
Summary
In November 2017, China and the United States signed a two-way investment agreement on energy cooperation projects, and the energy cooperation between China and the United States was reached. Such a situation did not last long. In order to reach a consensus on energy trade, China must create advantages in the negotiations and stabilize the US side with equal interests. In this context, it is urgent to analyze the impact of Sino-US trade friction on energy trade and to think about the future development of the relationship
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