
Nobel Prize winner Krugman stated that under the US-Iran conflict, China will become the big winner in the new energy sector

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Nobel Prize-winning economist Paul Krugman stated that the US-Iran conflict is reshaping the global energy market, and China will become the biggest winner in the field of new energy. He pointed out that China dominates the production and use of renewable energy equipment, and it is expected that China's renewable energy growth rate will exceed the global total in the future. Krugman believes that US military actions will drive global investment in renewable energy, and China's strong capabilities in electrical technology will give it a competitive advantage in the global market
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