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China has become the world’s biggest car
manufacturer, but not a global player in the industry. Rapid change in
automotive technology, though, provides it with the same challenges and
opportunities as it does the industry’s leaders. Chinese companies are
investing heavily in electric car and autonomous-vehicle designs. Much more
needs to happen, though, both in China and in the global environment, for the
Asian giant to be able to go international.
A sluggish world economy and sustained improvement in energy efficiency caused growth in global energy consumption to slow to 1 percent in 2015, well below the 10-year average of 1.9 percent. Taking a closer look, one country stands out: China. Its changing economy shaped the dynamics of global energy last year and this is likely to continue for the foreseeable future.
Dr. Carole Nakhle
In recent years, rich Western countries and international financial institutions have adopted policies to restrict the construction of new coal power plants overseas. However, China has now risen to become the largest global provider of public financing for such projects – and is powering full steam ahead. Though they contradict Beijing’s global climate obligations...
Dr. Frank Umbach
After his first 18 months in office, during which India’s economic prospects have brightened considerably, 2016 gives Prime Minister Narendra Modi a last window of opportunity for radical new policy initiatives. If he decides on a bold course, it would depart from the incremental approach that has characterized Mr. Modi’s term thus far. ...
Barun S. Mitra