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China Briefing handpicks and explains the most important climate and energy stories from China over the past fortnight. Subscribe for free here.
Key developments
Trade tensions intensify
AUTHORITY TO RETALIATE: China has issued “sweeping” new rules that increase “controls over the overseas transfer of domestic technology”, while also giving the government “explicit” authority to retaliate against governments that restrict Chinese investments, reported finance news outlet Caixin. The rules are a “shield for Chinese enterprises”, argued an editorial in the state-run newspaper China Daily, as well as a way to “protect” China’s “development interests”. Cosimo Ries, an analyst at Trivium China, told Carbon Brief that protecting China’s lead in cleantech manufacturing is one of the aims of the regulations. He said that language around restrictive foreign actions is, in his view, “clearly designed as a response” to the EU’s Industrial Accelerator Act. Ries added that the government is “increasingly working to prevent Chinese IP from being forcefully appropriated or handed away by its own companies seeking market access abroad”.
