MenuThe Sino-American trade war may be old news, but now a new battlefield is front and center: green tech. During her controversial visit to China, Secretary Janet Yellen made waves by criticizing China’s excess industrial capacity. Secretary Yellen warned the Chinese that retaliatory tariffs would be levied if this wasn’t addressed while simultaneously making the
Tag Archives: China
The U.S. Is Losing the Nuclear Energy Race to Russia and China
Even as Russia remains under unprecedented Western economic sanctions, the U.S. finds itself dependent on one Russian vital import: enriched uranium. The U.S. is the largest producer of nuclear energy in the world, but it has allowed its civilian nuclear infrastructure to languish since Jimmy Carter and Ronald Reagan’s presidencies in the 1970s and 1980s.
U.S. And China Vie For Copper As Demand And Prices Soar
The world is running short of copper, and companies and countries are scrambling. This essential metal, a staple of civilization going back to the bronze age, is the lifeblood of existing energy infrastructure and cutting-edge technology. Unfortunately, it faces a projected supply shortfall by 2025 with projections showing a 20% price jump by May 2027.
Electric Vehicles 2024 Tax Changes Are Not Enough For Global Leadership
Considering an electric vehicle in 2024? Be aware of policy changes that could negatively affect your purchase. Starting in January, new rules will allow car dealers to give EV buyers their tax credit upfront. However, many EV models, batteries and components from China will no longer be eligible as the Sino-American competition goes green. The
Who Wins & Loses The New Sino-American Green Trade War?
In a bold move, the US has announced sweeping tariffs on Chinese solar cells and modules, intensifying the Sino-American trade war in the renewable energy sector. Like electric vehicles, U.S. will use the full power of its trade regulatory apparatus to stymie China’s unfair competition. This latest announcement came after a Department of Commerce probe
BRICS Expansion: China’s Energy Victory?
At a recent summit in Johannesburg, South Africa, the Brazil-Russia-India-China-South Africa (BRICS) group, which some believe can counter-balance the West, for the first time in over a decade, opted to invite six new members: Argentina, Egypt, Ethiopia, Iran, Saudi Arabia, and the United Arab Emirates (UAE UAE0.0%). This disparate group of emerging economies has one
Will China’s Electric Vehicle Dominance End?
Amidst Hangzhou’s modern skyline are scores of weed-infested lots filled with the remains of thousands of abandoned electric vehicles (EVs). China’s EV revolution soared to prominence, generating envy and fear from Western competitors. Like the Greek mythological hero Icarus, however, it may have flown too close to the sun. As China now confronts intense deflationary
Russia’s War & China’s Ambition Remake Eurasian Energy Routes
Putin’s chef and international villain par excellence, Yevgeny Prigozhin’s half-baked coup against Russia’s Vladimir Putin highlighted just how toxic Russia has become as a global business partner. While Prigozhin ostensibly failed and his power base is being purged, his failed coup revealed the fragility of the Russian state. Read the full article here.