China will be incentivized to adopt a growing leadership role in international trade and climate change negotiations in 2017 if the United States pursues more inward-looking policies under Trump.
Even though the Clean Power Plan’s opponents will present the battle against climate change as one we cannot afford to fight, in reality it is one we cannot afford to lose.
The rapprochement between Beijing and Moscow, marked by the 2014 energy deal, faces several political and economic challenges. If successful, it could transform the balance of power in Asia.
China’s economic relationship with oil-rich Venezuela has always been risky, but it has recently become more instable, given low oil prices and the Latin American country’s domestic politics.
China hopes that the UN Climate Change Conference in Paris will help the country deepen reforms in its energy sector.
China’s commitment to addressing climate change may help serve as a bridge between the negotiating positions of developed and developing countries.
Beijing should approach its energy-centered partnership with Moscow in Central Asia with a degree of caution.
If Obama and Xi can enhance coordination of U.S. and Chinese economic and energy policies, it could help bolster market confidence and improve the prospects of the Paris Climate Change Conference.
China continues to view Venezuela as a key source of oil, but Beijing has also been strengthening its private and public energy partnerships with other Latin American countries.
China must address the negative environmental impact of petcoke, an inexpensive but dirty alternative to coal, if the country’s efforts to manage carbon emissions are to be effective.