China In The Renewable Energy Race
For over three decades Chinese economy grew annually by an average of almost 10%, driven by huge investments in industrialization, urbanization and infrastructure networks and by large exports of price-competitive goods. The downside of China’s accelerated development is its insatiable hunger for energy – China also became the world’s largest energy consumer - and for natural resources, which, on the one hand contributes to depleting faster the global stocks of non-renewables and, on the other hand, it dangerously increases pollution.
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Article provided by Romanian-American University in its journal Romanian Economic and Business Review
Volume (Year): 6 (2011)Handle:
Issue (Month): 4 (december)
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Postal: Bd.Expozitiei 1B, Bucuresti, Sector 1, Etaj 3, 012101
Web page: http://www.rau.ro/
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Related researchKeywords: renewable energy
; Chinese economy
; catching up
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