From guardian: The question still remains as to how quickly the country will tamp down its own fossil fuel use.
. For more than a decade, China has been the lender of last resort for overseas governments seeking finance for thermal power plants. That role has accelerated since the 2013 start of the country’s Belt and Road Initiative.
It is also not clear yet whether Chinese banks and power firms will only pull out of projects that are at the planning stage, or also pull out of those projects under negotiation or at an early stage of construction.
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