In China you need to get on a waiting list to get a car and you enter a lottery to get license for it. If they uncork that bottleneck demand for oil will soar.
“enter a lottery to get license”
I’m pretty convinced that the Chinese (and most other Asians) that got driver’s licenses here in PA did so with a scratch-off lottery ticket.
China makes it very difficult to export American cars there. But Chinese goods come into US with no problem. The sooner we get Trump, the better off the middle class will be. China is killing us.