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China will use clean tech dominance as global leverage
China is tightening its grip on global energy power, and it's not doing it with oil. It's clean tech. And that lead? JPMorgan Chase says it's becoming a political weapon.
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LampLighter
Joined 2013/04/13Visited 2025/07/02
Status: user
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... Speaking Thursday at the Bloomberg Sustainable Business Summit, Chuka Umunna, the bank's global head of sustainable solutions, warned that China is taking its massive investment in green technologies and using it for more than profit. "The world's second-largest economy is leveraging its early investment into green technologies not just for economic benefit but for geopolitical advantage as well," Chuka said, according to Bloomberg. Chuka explained that China's clean energy strategy is no longer just about building an economy, it's also merging with national security. "The transition to a low-carbon economy and national security are coming closer and closer together," he said. That transition is looking like a global reshuffle, and Beijing's position isn't subtle. Right now, China controls over 70% of the world's clean-tech manufacturing capacity. China builds, US debates ...
"The world's second-largest economy is leveraging its early investment into green technologies not just for economic benefit but for geopolitical advantage as well," Chuka said, according to Bloomberg.
Chuka explained that China's clean energy strategy is no longer just about building an economy, it's also merging with national security. "The transition to a low-carbon economy and national security are coming closer and closer together," he said.
That transition is looking like a global reshuffle, and Beijing's position isn't subtle. Right now, China controls over 70% of the world's clean-tech manufacturing capacity.
China builds, US debates ...
#1 | Posted by LampLighter at 2025-06-26 03:34 PM | Reply
China could build a telephone from two paper cups and a piece of string, and achieve tech dominance over the Trump Administration.
#2 | Posted by snoofy at 2025-06-26 03:35 PM | Reply
So says who? The west?
#3 | Posted by fresno500 at 2025-06-27 01:31 PM | Reply
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