Global Economy
Key Facts
—The energy plan. On June 25 China’s NDRC published a “new-type energy system” plan targeting clean power at 30% of generation by 2030, up from roughly 22% today, with wind and solar as the “mainstay.”
—The keynote. At Summer Davos in Dalian on June 24, Premier Li Qiang recast the Western “China Shock 2.0” warning as “China Opportunity 2.0,” insisting China’s edge comes from work and scale, not subsidies.
—The Western echo. The same week, Canada moved to fast-track three “national interest” megaprojects, choosing to build its own infrastructure rather than wait on global trade.
