Energy Challenges Presented By China's Planned Economic Expansion
- Aug 17, 2021 2:37 pm GMT
China is currently in the throes of a hectic initiative to increase national energy production as part of an effort to expand its economy and its middle class. This resource crusade is exemplified by projects such as that depicted in the header which is a $5.4 billion scheme to transmit solar energy from Tibet. The amplification of societal functionality does not solely involve providing additional resources because of the need to service the increase of a country's population.
In point of fact, the more daunting challenge is supplying more resources when the goal is to transition the bulk of one economic class to another economic class that has higher functionality. In China’s case, the desire is to transition the bulk of its population into the middle class.
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