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China (English)

Emissions trading: China plans important CO2 caps in 2027

China plans to accelerate its emissions trading system reforms and introduce CO2 caps for select industrial sectors starting in 2027. Until now, the ETS has remained largely ineffective due to the lack of such caps. However, the government is leaving itself an escape hatch.

By Nico Beckert

Consumption: Why Beijing's strategy is not sustainable

China’s domestic consumption has recently seen a surprisingly strong upswing. Amid escalating tariff tensions with the United States, this surge is a welcome boost for the Chinese economy. But without structural reforms, the current buying spree may fizzle out just as quickly as it began.

By Jörn Petring