Nearly 70 percent of China’s foreign power investments from 2022 to 2023 were in renewables like solar and wind, surpassing fossil fuels for the first time since Beijing started backing power projects overseas in the early 2000s, according to a new analysis from the Global Development Policy (GDP) Center at Boston University (BU).
The shift highlights China’s increasing dominance in green energy technologies and the supply chains of critical minerals and metals that support them, reported Inside Climate News.