China is the reason we don’t have 5-6 dollar gas. They literally cut their imports to prevent economic disaster. If they begin buying at regular levels we would be the ones hurting more.
China is essentially the only actor in the market that is able to weather this conflict in marathon fashion.
They have their own advantages and strategies to deal with these things, but this idea that China just like sits around and "weathers the conflict" unscathed is just incorrect.
If global oil and gas prices rise, Chinese electricity and transport prices are largely unaffected, unlike the rest of the world. Even the US doesn't have that kind of resilience.
However, China is a net importer of oil and gas, while the US is a net exporter, so when it comes to trade the US is the main beneficiary, although it mainly benefits one single sector.
This is simply inaccurate. I don't know why you or others keep repeating this. It's bizarre. How do you think China gets goods out of the country to other countries? Separately China is specifically dependent on oil and gas shipments from the Middle East. How these disruptions affect countries depends on a lot of different factors. This blasé assertion that China somehow isn't affected by oil and gas prices is not reflected in reality or China's own actions. Why do you think they're drawing on their strategic reserve?