China’s overseas coal exit fuelled by the bottom line, not green leadership, experts say

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During the United Nations General Assembly almost two years ago, Chinese President Xi Jinping pledged that his country would no longer build coal-fired power projects overseas, and would step up its support to help other countries develop green and low-carbon energy.

The announcement was hailed by the international community, with United States climate envoy John Kerry saying he was “absolutely delighted to hear that President Xi has made this important decision”.