US 'de-risking' hinders clean energy transition

Steps to reduce dependence on supply chains from China won't work: Experts

The United States, seeking to assert its own leadership and reduce dependence in the clean energy sector, has embarked on a "de-risking" strategy, aiming to decouple its supply chains from China. But insiders warn that approach could prove unsustainable, harming both the US and the global fight against climate change.

De-risking through measures such as subsidies and tariffs to reduce dependence on China-dominant supply chains and implementing trade protectionism won't work, they say.

A complete "decoupling" from China is impossible, H.L. Yiu, chief corporate development officer of Hong Kong Science and Technology Parks, told China Daily at the Consumer Electronics Show, or CES, in Las Vegas last week.