We start today’s double podcast discussing China, Iraq, a change in payment for Chinese exports and in a broader sense how Russia complements these developments in Iraq’s energy sector. We then discuss how China is taking a major foothold in the LNG sector and what the ramifications could be for the EU and also the US in the process and then move onto China’s threat to disrupt the global solar panel market. We conclude discussing why China is not dependent on exports to the US and a couple of economic data points which implies we are as we know already in a recession in the US.