Photo: BloombergKuala Lumpur: A rising tide of industries moving operations from China and India to less-developed Asian countries undermines global targets to reduce climate-changing emissions, researchers said. “The Chinese production system is starting to transform to be more higher value-added,” said Dabo Guan, professor of climate change economics at UEA and a co-author of the report. It found that trade among developing nations — known as “South-South” trade — more than doubled between 2004 and 2011. Many Chinese companies — like mobile phone makers — have begun to expand globally, choosing other developing countries for their manufacturing bases, Guan said. China and India should help ensure power-efficient technologies and methods are adopted by industries that move off-shore to less-developed countries, he added.

Source: Mint May 14, 2018 13:18 UTC