New York Times
US · 2 hrs ago
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As Oil Prices Stay High, China Doubles Down on Wind Power
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Accuracy 78/100
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Centre / Neutral ✓ Fair headline
China is leveraging industrial policy including subsidies and trade restrictions to establish dominance in wind turbine manufacturing, similar to its approach in solar panels, as global oil prices remain elevated.
As Oil Prices Stay High, China Doubles Down on Wind Power
An industrial policy of subsidies and import restrictions laid the foundations for China to become almost as dominant in wind turbines as in solar panels.
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