Trump 2.0 Energy Policies May Provide Opportunities for Chinese Firms, Experts Say

Trump’s openness to renewable energy could encourage Chinese solar investment in the U.S.

Avatr Technology’s electric vehicle showcased at the 20th China (Changsha) International Auto Expo on Dec. 4, 2024.

U.S. President-elect Donald Trump’s second-term energy policy may balance support for traditional energy while maintaining openness to renewable energy. This could create opportunities to increase energy cooperation between the two countries and encourage Chinese solar investments in the U.S., several industry experts said at an energy summit Wednesday.

Rivalry between the world’s two largest economies centers on economic issues, while cooperation in energy remains intact, with no major conflicts of interest in the traditional energy sector, Tu Xinquan, dean of the China Institute for WTO Studies at the University of International Business and Economics, said at the 2024 International Energy Development Summit Forum.