China watch.

Exactly! The fact that they will phase out fossil fuels by 2060 is just in time for when crude oil is supposed to start being in serious shortage (ie. at current usage levels, there are enough proven reserves for 40 years use). The city I live in has subsidies for electric vehicles so has huge uptake, almost all buses are electric, trains are all electric, and the government is now encouraging people to install solar panels in the countryside (although nothing in the cities).
While they are posturing about being a green government, reality is they are preparing everyone for low fossil fuel availability, but meanwhile also stockpiling as much oil as they can get while its still relatively cheap.

I'd say its more just the grand gesture / empty promise that anyone who has ever lived in China or worked with Chinese companies is all too aware of. Basically, all levels of society operate on a basis of appearing to do the right thing, and often making promises they have no intention of ever honouring, in order to ensure that they look good and don't lose face.
Everyone knows that the government will make a grand statement with a lot of pomp and ceremony, but chances are nothing is ever implemented, as the policy is passed on from national to provincial to municipal level, often ending up with the lowest level (least funded) government departments expected to implement whatever was promised.
Just look at all the promises that were made when China joined the WTO in 2001. Many have yet to be carried out, unless of course they will result in working to China's favour.

Absolutely correct.

BHP have now confirmed that CCP customers are now delaying orders.

futurism.com/the-byte/chinese-weapon-launches-swarm-explosive-suicide-drones?fbclid=IwAR0u3fBUgdrMlTVGL-XO15So82i8-mo0qyPezkraHqxu7XQeqAIY8xy8Cbk

It was only a matter of time before this happened.

Philippines starts drilling in South China sea again in open defiance to China.