China responded swiftly with countermeasures, releasing a list of 659 American items worth 50 billion U.S. dollars that will be subject to the same amount of tariff. This reaction demonstrates the determination of China's government to ....
The increase comes as China replaces dirtier burning coal used for power generation with cleaner burning natural gas. Per government mandate, gas must make up around 10 percent of the country's power generation energy mix by 2020, with further earmarks by 2030.