Posted 3/31/2024, 10:00:40 PM
China Charges Ahead on Clean Energy Despite Growing Pains and Trade Tensions
- China prioritizing growth of new energy sectors like EVs, batteries, and solar, but overcapacity issues emerging
- Firms still expanding capacity and eyeing overseas markets to survive domestic competition
- Strong pushback from US and EU over floods of low-cost Chinese clean energy products
- Upcoming US election rhetoric targeting China's exports across parties
- China warned to brace for more assertive trade policies from broader range of countries
