China now makes about 86–88% of the world’s solar modules, and an even higher share of the wafers and cells behind them.
It produces roughly three-quarters of lithium-ion batteries and holds about 80% of cell-making capacity. Chinese firms account for around 70% of EV batteries actually installed. They supply the majority of wind-turbine components and, in 2025, about four-fifths of the turbines that went up worldwide. They still pour just over half of the planet’s crude steel.
It is the largest, quietest transfer of industrial capacity in modern history. On manufacturing value added, China has gone from about 6% of the world in 2000 to roughly 27–30% now. It out-produces the next eight countries put together, and the United States, Germany and Japan combined.
America’s share has slipped from the low twenties to the mid-teens; Europe’s from about a quarter to the mid-teens; Japan’s from the low teens to about 5%.
The power behind that machine is still coal. China runs nearly 1,200 coal plants and more than 1,200 GW of coal capacity — about half of everything operating on Earth. In 2025 it commissioned 78 GW of new coal plant, a ten-year high, and another 30 GW in the first half of 2026. That is the old 'six large units a month' in practice. It mines around 4.7–4.8 billion tonnes of coal a year, more than four times second-place India.
Beijing has a carbon-neutrality date — 2060 — and a pledge to peak emissions before 2030. What it has not done is bind its factories to a Western 2050 net-zero timetable, or treat steel mills and battery plants as disposable. Coal is still treated as the dispatchable backbone that lets the rest of the system run.
The West, by contrast, spent two decades talking decarbonisation while offshoring the industries that make the hardware. The result is the joke that dare not speak its name.
The Western green transition now depends, almost end to end, on equipment built in a country that still adds coal capacity by the tens of gigawatts. Solar farms in Europe and America are assembled from Chinese modules. Grid batteries are Chinese cells. A growing share of the turbines are Chinese machines.
The energy source the West has spent a generation demonising is what made that supply chain possible. It should be the loudest industrial and geopolitical story in the Western world.
It barely rates a mention.
@SimeonBrownMP Nothing we do makes a blind bit of difference to the global temperature anomaly. We could shut down our entire economy and our sacrifice wouldn't even blip next to China etc. Revenue raising. Just gotta lie to the ever poorer citizens of NZ. Big Govts need big taxes.
@SonofOmahu 10 months of uncritical pumping by corrupt media. Quearly Wrong & her boss, Wilderbeast, should shove off back to whatever Marxist hole they came from. Not getting their greedy little mitts on my financial security, my home. Didn't work for 30 years to let them steal it via LVT!
@TrudiNewZealand Menacing. Listen to his words knowing HE knew those jabs neither stopped transmission or getting Covid. He also knew it was risky for teenagers. A callous bugger who shouldn't be anywhere near power. Turfing Labour in 23 wasn't nearly retribution enough for the harm they did!
@OpinionistNZ When the left go after people's financial security, the one big asset they've spent decades getting, they pick a fight with almost every Kiwi. How dare they try to steal our homes! Quearly Wrong and her rich boss, likely hiding his own money overseas, can bugger off! 🤬
@saltyreigns With digital dog tag, if they were Govt, far left could control what you put in your trolly. Exceed your quota of meat, or wine.... The Green left are authoritarian, Marxists. They WILL abuse power to ram their ideology down our throats!
@rosey_nz Politicians, especially the left are the parasite class. They don't build anything, they take. See citizens as the host ATM. Worse are the one's like Qleary Wrong's boss who hide their wealth overseas whilst wanting policy that would strip others of their financial security.
@matt_horncastle In Australia they have the Coles, Woolworths duopoly. But also Aldi and where there are Aldi stores, Coles/Woolworths prices are lower. The answer is competition.
Imagine the Greens dictating consumer behaviour? With digital dog tag, they could control purchases, like meat.
@matt_horncastle The mad left have the same attitude to individual's private property. Our homes. Canvassing a myriad of taxes, like LVT, that if the home owner can't pay... State takes the asset. Private property rights have always been sacrosanct in democracies. But not to Communists.
@Owennfa New Zealand is facing the prospect of a Land Value Tax if the far left gain power in Nov 26. Can't pay? Defer... until the Govt owns & siezes the asset. AKA robbery. Will put many out of their home. Punishment via envy tax for saving/investing. Can't despise the left more! 🤬
@SimeonBrownMP A LVT would leave me wondering why I'd bothered saving, never having holidays, not even buying cafe coffee. 3 decades. What for? Greedy, profligate Govt already taxed me on the money I used to get a home, now they come back for the rest. Theft. Why bother being responsible.
@SimeonBrownMP The Right need to come out and specifically state they believe in protecting private property rights, including from greedy Govt in LVT or CGT etc.
TOPs LVT would punish those who'd been frugal, saved + invested in a home, effectively stealing the asset via onerous envy tax.
Milton Friedman:
“Inflation is just like alcoholism. In both cases when you start drinking or when you start printing too much money, the good effects come first. The bad effects only come later.”
“That’s why in both cases there is a strong temptation to overdo it: to drink too much and to print too much money.”
“When it comes to the cure, it’s the other way around. When you stop drinking or when you stop printing money, the bad effects come first and the good effects only come later. That’s why it’s so hard to persist with the cure.”
@EvilArthurFleck Have people so quickly forgotten the brutally high inflation? The more Govt spends, the less WE have to spend of OUR money + the more everything costs! Govt already takes almost half of every $. We don't need big Govt & spendthrift like Chipkins, we need a Javier Milei.
@EvilArthurFleck Chipkins prescription for getting NZ out of the economic hole LABOUR created, is to do more of what caused the devastation. Took Labour 6 years to trash the "miracle economy of the Sth Pacific" but he's riding the Coalition for not fixing the mess HE created, fast enough?
@EvilArthurFleck Judge someone by their actions, not who THEY say they are. He knowing withheld vital safety info, putting other people's kids at risk. That's cavalier. Callous. Seems to confirm his ex-wife's account? Shoddy in action and character. Shouldn't be anywhere near power.
@OpinionistNZ If people have to defer, so the state will eventually sieze the property... why would anyone bother with maintenance or improvements?
Turning home owners into tax renters.
Perhaps I should have just blown my $, travelled, had a good time & not saved/invested in a home.