Worries about the waning strength of China's economy have been weighing heavily on many commodity and financial sectors in the current year. Economic pundits have warned that China’s rapid growth since the global financial crisis are unlikely to be replicated in the next decade, particularly in sectors of property construction and local government investment.
China is now on track to double its wind and solar capacity a good five years ahead of its 2030 target. U.S. Renewables Struggling Unfortunately, the same cannot be said about the U.S. clean energy sector with high interest rates hammering renewable energy stocks.
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