China has entered a new phase of global expansionism. Its technology companies — linked to the green transition — have begun to sow seeds in countless territories.
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China has entered a new phase of global expansionism. Its technology companies — linked to the green transition — have begun to sow seeds in countless territories. Every so often, an agreement is announced to lay the groundwork for a production plant that will churn out electric vehicless, batteries, electrolyzers for the production of green hydrogen, or solar panels. This is happening across the world, including in Spain, Brazil, Germany, Vietnam, Mexico, Turkey and Hungary.
The new trend speaks to the international vocation of Beijing, which seeks to lead a sector in which it sees itself as being one step ahead of its competitors, due to its technological capacity and productive power. It wants to reach all corners of the planet, so as to be close to key markets. This expansion — which has been underway for some time — accelerated after the pandemic. It’s part of the…