China exported $132 billion in clean technology and investment to developing countries last year, nearly matching the total climate finance from all wealthy nations. These exports, including solar panels, batteries, and EVs, help avoid an estimated 257 million metric tons of CO2 annually, equivalent to France's emissions. The scale of Chinese manufacturing is driving down costs, making renewables the cheapest option for many developing nations, as seen in Ethiopia's EV adoption and Pakistan's solar imports. This shift is reshaping the global energy transition, though trade tensions with the West remain.
