ESG & Investing

China Road Trip Exposes List of Uninvestable Assets in the West

China manufactures about 80% of the world’s solar panels.Photographer: Qilai Shen/Bloomberg

Venture capitalists in clean tech are starting to say out loud what they’ve suspected for a while: China’s dominance has left key sectors in the West uninvestable.

A group of eight VCs from Western firms agreed to share with Bloomberg the details of a July road trip across China during which they visited factories, spoke with startup investors, and interviewed founders of companies.