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The 2025 surge is less a return to resource-buying than a shift towards construction-led industrial infrastructure and selective financing.
Policies encouraging use of cleaner steel and cement in Chinese-financed construction projects could help drive down emissions.
As nuclear energy returns, the government, universities and companies are training the next generation of engineers to operate and regulate it.
If the world’s second largest steel producer is to cut emissions in the sector, the country must navigate a complex scrap metal landscape.
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