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President Xi warns against overinvestment in new energy

Chinese President Xi Jinping talks with U.S. Secretary of State Antony Blinken (not pictured) at the Great Hall of the People, in Beijing, China, April 26, 2024. Mark Schiefelbein/Pool via REUTERS

Sunayana Thawait

Published on 28th May 2024

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At a meeting with major business figures and economists, President Xi Jinping said that excess investment into new energy would be counterproductive, South China Morning Post reported.

President Xi Jinping assured that China would be a place for fair competition.

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President Xi warns against overinvestment in new energy

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