Washington’s change in direction is a ‘reminder’ that Beijing could play a more important role in global governance, researcher says.

As the Strait of Hormuz crisis roils world energy markets, China and the US still have strong potential to work together to find solutions, according to a researcher with a Chinese think tank. Wang Lining – who heads the oil market department at the Economics and Technology Research Institute under state-run China National Petroleum Corporation – also said Washington’s change in direction on energy diplomacy was a “reminder” that Beijing could play a bigger role in global governance. Wang made…

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