ChineseTiger1986
Member
- Jun 15, 2024
- 50
- 51
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China is not a resource rich country for its population.
It's economic model will change from one of exports to one of both exports and consumption over the next decade, as it becomes a developed country well able to manufacture every type of technology from semiconductors to jetliners.
China will export hi tech goods and import masses of foodstuffs, energy etc. A relatively high value Yuan will work with this model.
China has mastered the renewable energy, and it will help other resource scarce countries to become independent of the fossil fuel.
![www.theenergymix.com](https://www.theenergymix.com/wp-content/uploads/2024/05/Tianjin-China-high-rises-World-Bankflickr.jpg)
China CO2 Emissions Fall 3%, Oil Growth ‘Grinds to a Halt’ as COVID Recovery Runs Its Course
China saw its carbon dioxide emissions from fossil fuels and cement fall 3% in March, 2024 after a 14-month run of increases, adding weight to projections that the country’s emissions may have peaked in 2023.
www.theenergymix.com