CFoto/Sipa USA via ReutersChina’s global infrastructure push is increasingly driven by renewable energy, reflecting the country’s changing industrial landscape. Foreign energy projects under China’s Belt and Road Initiative were once dominated by coal and gas, but last year clean tech initiatives eclipsed fossil fuels. While China’s dominance in renewables gives it an advantage over the US, the reasons behind the shift are more prosaic, Xiaoying You wrote in Semafor Net Zero: Solar panels, batteries, and electric vehicles have become a domestic growth engine, and therefore “also received the most attention under the BRI.” Some experts, however, argue China should make clean tech a smaller part of its BRI narrative in democratic countries, since the technologies could become associated with “China influence.” |