This story from the New York Times is a few weeks old, but it is relevant to Australian clean tech entrepreneurs considering the China market (as well as their American counterparts). For instance, consider that
- American companies and their engineers — are being drawn to China as China develops a high-tech economy that increasingly competes directly with the United States (and means double the opportunities for Australians, who may want to partner with a US company, or go it solo into China).
- The China market is surging for electricity, cars and much more.
- Western green energy companies in particular are offered many subsidies by Chinese cities and regions.
- China is leading the way in clean technology research.
