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China

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Industry: Why China suspended approvals for new steel plants

Due to the large overcapacity, China has suspended the approval process for new steel plants. The Chinese steel sector accounts for around 4.6 percent of annual global carbon emissions. The government has not yet announced any details on the revision of the approval process.

By Nico Beckert

Feature

Direct air capture: How China and the United States advance the new technology

China has recently tested a system for filtering carbon dioxide from the atmosphere (DAC). Thanks to its strength in mass production, the country could significantly contribute to reducing the costs of these technologies. The United States also provides billions in funding – and companies such as Climeworks are reporting progress. Nevertheless, the challenges remain significant.

By Nico Beckert

Feature

China: Remaining questions about the new emissions cap

China plans to set a strict CO2 emission cap for the first time, marking the beginning of a "new era in Chinese climate policy." Companies and provinces will need to adapt to new regulations. However, experts criticize the lack of detail and necessary speed in implementation.

By Nico Beckert

News

Sovereign debt: What are China's motives for lending

Unlike China, Western countries do not primarily pursue their own economic interests when lending to African countries. This is the conclusion of a new study by the Kiel Institute for the World Economy.

By Arne Schütte