Chinese Companies Eye US Green Energy Subsidies

Juliet Song
By Juliet Song
April 21, 2023China in Focus
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The Biden administration is spending $400 billion to push America’s transit toward clean energy. This money aims to boost domestic clean energy manufacturing so that the United States can reduce dependence on China for solar panels and electric car batteries. But now, Chinese companies are looking to get a piece of the pie, and they’re on the move. NTD explains how these Chinese companies could benefit from Washington’s subsidies.

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