China’s no to coal plants raises questions about $50bn investment

SHANGHAI: China’s pledge to stop building coal-fired power plants overseas could cull $50 billion of investment as it slashes future carbon emissions, analysts said. Chinese President Xi Jinping said in a pre-recorded address at the United Nations General Assembly on Tuesday that China would help developing countries build green energy production and halt construction of coal power plants abroad. China has been under international pressure … Continue reading China’s no to coal plants raises questions about $50bn investment