That's a tax they've levying folks, and seriously, it's hard to see how this hurts China in the long run. Although I'm sure other motives are in play, it's impossible to interpret this move as anything but a direct stab at U.S. economic dominance. With this measure, China will squeeze increasing energy efficiency from its economy even as it aggravates and prolongs the US's addiction to oil. China is choosing pain now and gain later.
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