The unprecedented economic development of China created serious environmental problems starting in December 1978 after Deng Xiaoping’s ‘opening up policy’. The Asian country transformed from a developing nation into a powerful state, able to confront the United States in a trade war. Pollution in the industrialized and heavily populated coastal regions has reached extremely high level, threatening the stability in the country, discrediting the mighty Communist Party. Therefore, it comes as no surprise that the government is promoting cleaner fuels and production methods. China is the biggest investor in renewables in the world: three of the ten biggest wind turbine producers and seven of the ten biggest solar panel producers are located in China (eight if you also count Hong Kong). Also, Beijing is the biggest investor in green technologies. Until 2020 China intends to invest an additional $360 billion in its renewables energy sector, making the country the […]