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China is beating the US in the battle for energy export dominance

Akshat Rathi / Bloomberg
Akshat Rathi / Bloomberg • 3 min read
China is beating the US in the battle for energy export dominance
Workers prune goji berry bushes under solar panels near Yinchuan, China. Oil well pump jacks in San Ardo, California. Photos: Bloomberg
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There’s a battle underway to win the energy export market between the world’s two largest economies: The US wants the world to buy its fossil fuels, while China wants to sell the world its clean energy technologies.

For now, there is a clear winner: China.

The country’s exports of electric vehicles, solar panels, batteries and other carbon-cutting technology has been climbing for years. Exports hit a record in August, with US$20 billion ($25.84 billion) in products shipped globally, according to a new report from the think tank Ember.

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