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China in the new decade

January 19, 2010  Print Font Size: [ T  T  T ]

By CIB  |  From CIB January 2010 Print Edition

What we can expect in the near future
  Chinafotopress
This year is likely to be a turning point for the world economy, not just with the global financial crisis wearing off and the world economy needing to be rebuilt, but also as the starting point for the decade, or maybe even a century-long goal of fighting climate change, finding alternatives to waning natural resources, and integrating the Chinese financial system in with the rest of the world's. With China's place in the world economy growing every day, its input into global issues and developments will be profound.

CIB
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...ll be debates over whether coal can ever actually be clean. One of the stronger results of the conference in Copenhagen was initiatives to protect forestry, and China committed itself to increasing its total landmass of trees by 40 million hectares, which should help both the climate and China's constant fight against the Gobi desert. If countries come in under their targets expect a lot more panicked initiatives, and a flood of people emigrating from what were once Pacific islands.

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