Incredible Renewable Energy Opportunities in China
A friend from China writes:
A pleasure speaking with you on Skype. I believe that with your connections we should be able to develop cleantech companies in China and more renewable energy projects in this part of the world.
The city of Beijing government on the 15th of June 2011, during a closed meeting with Embassies, Consulates and some of the top 100 foreign companies in China announced that the City of Beijing has RMB60 billion (US$10 Billion) to support foreign cleantech companies in China, to make Beijing the first truly green city in the world. I have attached a brief article on China’s Green Technology Program.
Thank you for the book. I appreciate it very much.
My reply includes:
Thanks. I’m sorry for not having sent the book to you earlier. As we discussed, there is much for Americans to worry about re: IP protection in dealing with China. But you folks out-invested us by a factor of 24:1 last year in solar alone ($34B vs. $1.3B). So, while there is much to fear, there is much to be gained.