📈 Data to start your week

China's investments; energy era; family bonds & corruption

Good morning,

Here’s your essential Monday round-up of data driving conversation this week — all in less than 250 words.

Have a good week.

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1. The most significant exponential technologies policy initiative in China has the Bank of China investing $137 billion ( ≈ $240 billion in PPP terms) in AI, robotics, biomanufacturing, advanced materials and low-altitude vehicles. Impressive.

2. China’s CO2 emissions from fossil fuels and cement have plateaued since February last year thanks to clean energy additions.

   

3. American battery startups are paying a $40/kWh premium for independence. Asian joint ventures slash time to profitability.

   

4. Also, China’s energy storage industry has had its iPhone moment. PowerChina’s 16 GWh tender saw 76 suppliers averaging $66.3/kWh.