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Why China Wants You to Drive an EV

Why China Wants You to Drive an EV

FromThe Daily Signal Podcast


Why China Wants You to Drive an EV

FromThe Daily Signal Podcast

ratings:
Length:
19 minutes
Released:
Feb 22, 2024
Format:
Podcast episode

Description

China’s economy is struggling: Many young people can't find jobs, the nation’s real estate market is in trouble after two major property development companies failed, and China's stock market has seen a $7 trillion decline in just a few years. But Beijing has a plan to do something about it.When the “green energy” movement began, China recognized an opportunity, Erin Walsh explains. Beijing saw an “opening because they don't have oil, so they had to come up with something else,” said Walsh, senior research fellow for international affairs in the Asian Studies Center at The Heritage Foundation. “Because, how do you electrify and grow, and become No. 1 in the world, which is their goal; how do you do that if you don't have energy,” she asked. (The Daily Signal is the news outlet of The Heritage Foundation.) China has “hijacked the agenda” of the green movement, because the Asian giant is on the forefront of developing electric vehicles, batteries and solar energy, according to Walsh. Walsh joins “The Daily Signal Podcast” to explain the factors that have led to China’s economic challenges and how Beijing is seeking to overcome its economic woes by further dominating the energy market. Enjoy the show! Hosted on Acast. See acast.com/privacy for more information.
Released:
Feb 22, 2024
Format:
Podcast episode

Titles in the series (100)

Our daily news podcast brings you top news stories, plus analysis and insights from reporters and scholars about the state of play in America’s hottest policy debates. Our GDPR privacy policy was updated on August 8, 2022. Visit acast.com/privacy for more information.