In the first half of 2018, Chinese companies completed acquisitions and greenfield investments worth only $1.8 billion – a drop of more than 90% from 1H 2017 and the lowest level in seven years.
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The decline in Chinese investment last year was mostly triggered by policy shifts in both China and the US, not commercial dynamics.
While carbon pricing is gaining new momentum within a growing number of states, prices apply to only a fraction of total greenhouse gas (GHG) emissions and prices are relatively low.
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