China outspends U.S. in clean-energy technology, analysts say

04/3/2011 | Bloomberg Businessweek

China, aided by China Development Bank, is outspending the U.S. in investment for clean-energy technology, analysts said. The bank pledged to lend $35.4 billion to Chinese wind- and solar-energy firms last year. In contrast, the U.S. granted about $4 billion to renewable-energy projects and offered about $16 billion in loan guarantees.

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