China makes most of the world’s solar panels. But its state policy banks seem reluctant to finance overseas solar projects. Why?
Workers install rooftop solar panels in Shanghai, China. Credit: Jiri Rezac, The Climate Group, Creative Commons
China manufactures most of the world’s solar panels, and its state policy banks are among the largest financiers of energy projects in the world, particularly along the Belt and Road, Beijing’s global infrastructure project. But new data that tracks lending for overseas energy projects from China’s two leading policy banks, the China Development Bank (CDB) and Export–Import Bank of China (China Exim Bank), shows that just a tiny proportion is directed towards solar energy, which analysts
Exclusive longform investigative journalism, Q&As, news and analysis, and data on Chinese business elites and corporations. We publish China scoops you won't find anywhere else.
A weekly curated reading list on China from Andrew Peaple.
A daily roundup of China finance, business and economics headlines.
We offer discounts for groups, institutions and students. Go to our Subscriptions page for details.
In January, the arrest of a Chinese national in the Philippines led to the unravelling of an alleged espionage operation coordinated from Beijing. In an excerpt from their upcoming book, The Great Heist, David R. Shedd and Andrew Badger look at the Manila “spy ring” and its possible connection to China’s hypersonic missile program.
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.OKPrivacy policy
