Your new post is loading...
From
www
China’s economy grew much faster than expected at the start of 2024 - up by 5.3% - boosted by its focus on green manufacturing. The country has invested in producing high end products such as electric vehicles, batteries and solar panels which are sold around the world. But that has led to tensions with the West, with other countries fearing they are becoming too reliant on hi-tech Chinese goods which are essential to a low-carbon future. The US and the EU accuse China of unfairly subsidising these industries, allowing them to flood the world market with cheap green goods.
This clip from the BBC News looks at the current state of China; it's surprising recent growth and the pivot towards green manufacturing, something that's caused increased trade tension with the West.
It's part of the China paradox: a major producer of carbon emissions, and yet also a world leader in adopting new, and greener, technology and renewable energy.