China's Premier Li Qiang announces expansion of solar, wind, and hydropower projects, and China's renewable energy production grows.
China's Premier Li Qiang announces plans to expand solar, wind, and hydropower projects, solidifying China's position as the world's largest renewable energy producer. Western governments criticize China's large state subsidies in the sector. To diversify economies, the Gulf States invest in renewable energy with Chinese support, freeing up oil for sale to China and ensuring a reliable supply of cheap oil.
March 23, 2024
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