Daily Update: December 15, 2020
Subscribe on LinkedIn to be notified of each new Daily Update—a curated selection of essential intelligence on financial markets and the global economy from S&P Global. When China announced to the United Nations in September that the world’s most pollutant economy intends to become carbon neutral by 2060, President Xi Jinping’s target was greeted with both praise and skepticism. Because China accounts for roughly 30% of the world’s total carbon dioxide emissions, the country would have to confront a total transformation of its economy to achieve its goal. Since then, China has increas...