China significantly boosted its clean technology exports to developing nations in the past year, reaching a total of $132 billion. This figure is nearly equivalent to the combined climate finance provided by wealthy Western countries. Beijing's strategy involves supplying subsidized hardware, which contrasts with the slower, more bureaucratic approach of Western climate initiatives. AI
RANK_REASON Significant geopolitical and economic news regarding international trade and climate policy. [lever_c_demoted from significant: ic=1 ai=0.1]
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