The “green” energy push from the Biden Administration is a lifeline to China’s economy at the expense of the American consumer.
But now the old industrial pillars of furniture, clothing and electrical goods are struggling, Beijing is looking to its “new productive forces”: solar panels, lithium batteries and electric cars.
“We are exporting to the UK, Belgium, Germany, mostly European countries, but also to Africa, Australia, South America, North America and also South East Asia,” salesperson Yan Mu says as he shows off the company’s storage batteries.
His is one of the stalls at an exhibition held by hundreds of green energy storage companies in a refurbished and repurposed steel plant on the edge of Beijing.
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