China's Economic Slowdown Signals Pivot Toward Clean Energy Dominance
• China's economy is slowing down due to saturation in sectors like manufacturing and construction, with ramifications for global energy and climate.
• China dominates clean energy supply chains, producing 80% of solar panels and 60% of EVs, and is poised for continued rapid growth.
• China's fossil fuel demand will plateau as domestic market saturates, while clean energy capacity grows.
• China has been vastly outspending other nations on clean energy and established supply chains.
• China's affordable clean energy components are needed globally, though its dominance raises geopolitical concerns.