Investing Into “Green” China
In the race toward a green-powered future, there is one entrant that is surprisingly among the leaders – China. China has conquered a third of the world market for solar cells. China is also racing along a course to build 100 gigawatts of wind turbines by 2020, doubling again the global capacity for wind power, across vast stretches of Inner Mongolia and Xinjiang. Whether China is going full speed ahead with their green agenda because it believes in global warming is irrelevant to investors. What investors do need to know is that China fears being caught short as the global…