Why #TRUMP 's '#OneBigBeautifulBill ' Might Actually Benefit China 🇨🇳

On July 4th, experts are saying China might be the real winner with the passage of Trump’s "Big and Beautiful Bill". This bill, passed by the US House of Representatives in a narrow vote, could add $3 trillion to the US federal debt by 2034. While the bill reduces clean energy incentives, China continues to invest heavily in sustainable energy.

Here’s Why It Could Work for China

The bill could push the US deeper into a fiscal crisis, weakening America’s position globally, especially in relation to China. Shen Dingli, a scholar in Shanghai, points out that it might even help China “rise while the West declines.” As the US struggles with its own issues, China could gain the upper hand.

China’s Edge in Electricity Generation ⚡

One critical area is electricity generation, with China ahead in areas like solar, wind power, and electric vehicles. While the US stalls with reduced clean energy incentives, China is powering up for the future, making strides toward becoming the world’s first “electrostate.”

The Impact of Trump’s Bill on Clean Energy

By removing key incentives for clean energy and imposing new tariffs, the bill could slow US growth in renewable energy. Even industry leaders like Elon Musk have criticized the bill, saying it’s “damaging industries of the future.”

Rising Costs and Job Losses 📉

Energy experts predict electricity prices in the US could rise 50% by 2035, with 830,000 clean energy jobs potentially lost. As China continues to invest heavily in renewable technologies, the US might be falling behind in the global race for clean energy leadership.

In Conclusion

While China benefits from Trump's bill in several ways, the US may face rising costs and missed opportunities in the fast-growing clean energy and technology sectors. The world’s energy future could be shifting, with China poised to lead the way.

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