Bloomberg pointed to China's leadership in the race with the United States in the energy market

Due to clean energy technologies, China is significantly ahead of the United States in the competition for dominance in the global energy export market. This was reported on October 6 by Bloomberg with reference to a report by the Ember analytical center.

"There is a battle going on between the two largest economies of the world for the energy export market: The US wants the world to buy its fossil fuels, while China wants to sell its clean energy technology to the world. At the moment, there is a clear winner: China," the publication says.

According to analysts, Chinese exports of environmentally friendly technologies continue to grow. In August 2025, its volume reached a record $20 billion.

"China has achieved record export values for clean technologies, even as technology prices have plummeted," said Ember analyst Ewen Graham.

Bloomberg provides a comparison of the export figures of the two countries. According to the data, by July of this year, the United States sold oil and gas worth $80 billion to other countries, while China exported its green technologies worth $120 billion. This is allegedly a continuation of the trend: in 2024, the United States reached a record for oil exports, but even so, exports of clean technologies from China were higher by $30 billion.

Despite lower prices for solar panels, China is increasing their exports, which allows it to earn more "for every dollar," writes Bloomberg. The export of electric vehicles from China is also actively growing, especially in emerging markets.

Experts point out that unlike fuel, which is used immediately after purchase, clean energy equipment can produce electricity for decades. This makes the export of clean technologies an important long-term business for China.

"Exporting clean energy is equipment that, once a country buys it, will generate electricity for a decade or two. <...> Whereas with gasoline, the day you buy it, you use it, it disappears forever," summed up the energy seller's chief executive officer. Octopus Energy by Greg Jackson.

Chinese transition: will the renewable energy revolution lead to a decline in oil demand

China will need Russian oil and gas regardless of the growth of renewable generation

The Wall Street Journal reported on September 22 that the United States is significantly lagging behind China in the speed of transition to renewable energy sources. The publication notes that China is actively developing green energy, while under the administration of American leader Donald Trump, the United States relied on oil and gas production.

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