China wants to position itself as global leader in green finance, Grand Duchy plays important role, EU approach slowly shaping up, regulatory issues remain
China, with its rapidly growing economy, which is predicted to overtake the US' in the near future, also has to face environmental issues that have been somewhat neglected during its period of rapid growth.
In recent years, there has been a rethinking about China's environmental policies, especially with regards to renewable energies, pollution and overall sustainable development.