China’s dominance of green technology supply chains leaves it well positioned to benefit from a likely increase in global demand for renewable energy, prompted by the interruption of oil supply through the Strait of Hormuz and the rapid growth in energy-hungry data centres for AI Fathom’s Ricardo trade dataset shows that more than 30% of the world’s green technology exports came from China in 2024; while batteries were the largest component of this, the sharp increase in green technology exports