Opinion / #electric vehicles
China’s climate pivot has been shaped by its survival strategy, and this is now quickly redefining its resilience in the 21st century. Whether that power endures will depend on Asean – arguably China’s closest testbed for clean energy development. The recent Asean Summit and Apec meetings suggest China’s successes in climate and development will see a far larger reach beyond its shores.
With America having abandoned global leadership – especially on climate change – cooperation between China and Europe has become even more important. To reduce tensions and deepen ties, policymakers in two of the world's three largest economies should address four priorities.
The European Union faces a strategic choice in deciding how to deal with China’s green-tech dominance. Instead of implementing defensive industrial policy, it should try to find common cause with China on clean trade and investment, using its strengths in rulemaking and norm-setting to promote both sides’ economic interests.
The Asia-Pacific is at the forefront of green industrial policies and must accelerate the transition through multilateral efforts to serve as a model for a greener future.
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