Red Power: How the Hormuz crisis is accelerating China’s clean-tech dominance
The Strait of Hormuz blockade has exposed two chokepoints amid the Middle East conflict: one for fossil fuels, and another for Western decarbonization policies. In many respects, it is China that’s leading the global energy transition. Emerging trade data highlights China’s often-underappreciated position in global clean energy supply chains, which has only accelerated with the…