Battle Between China and the US in the Energy Export Market Intensifies

The competition for dominance in the energy export market continues to escalate between the United States and China. The US is striving to market its fossil fuels extensively, while China aims to promote its clean energy technologies worldwide. Surpassing its rival, currently, China emerges as the victor in this economic contest. China’s clean-tech exports soared strategically, achieving a milestone in August with products worth US$20 billion shipped globally, as indicated by a report from Ember, a renowned think-tank. Analyzing this trend, data analyst Mr Euan Graham noted that China achieved the record export value in clean technology despite the considerable…