Making Sense of China’s Energy Crisis

Making Sense of China’s Energy Crisis

Assessment

Interactive Video

Business

University

Hard

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The video discusses the serious energy crisis, focusing on China's demand growth and supply constraints. It highlights potential social unrest due to electricity shortages and examines government measures to address the crisis. The financial impact on companies like Petro China is analyzed, along with market strategies. The video concludes with an oil market outlook, considering factors like China's economic growth and potential fuel substitution.

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7 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the primary reason for the energy crisis in China as discussed in the first section?

Excessive energy production

Exceptional demand growth and insufficient supply

Over-reliance on renewable energy

Government-imposed energy restrictions

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How are energy efficiency targets affecting the energy crisis in China?

They have been fully met, reducing the crisis

They are causing supply constraints and affecting both industrial and residential sectors

They are irrelevant to the current crisis

They have led to an increase in energy supply

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What measures is Beijing considering to address the energy crisis?

Focusing solely on renewable energy

Ignoring the crisis

Reducing energy imports

Increasing imports and boosting supply

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How might Sinopec's actions in the LNG market affect other buyers in Asia?

It will stabilize the market

It will lead to a decrease in LNG prices

It could scare buyers and trigger panic buying

It will have no impact

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What financial challenge is Petro China facing due to the energy crisis?

Losses due to rising import costs and regulated domestic prices

Increased government subsidies

No impact on financial performance

Increased profits from higher gas prices

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the short-term forecast for Brent crude prices?

$50 a barrel

$80 a barrel

$60 a barrel

$100 a barrel

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What could potentially boost demand for oil in the short term?

A decrease in gas and coal shortages

Substitution into fuel oil and gas oil

Increased renewable energy production

A significant drop in oil prices