KUALA LUMPUR, Dec 12 (Bernama) -- Bursa Malaysia’s key index closed higher today on bargain hunting, in line with positive investor sentiment across regional markets, consolidating at its highest level in more than two months — a level last seen on Oct 2, 2025. At 5 pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) rose 12.42 points, or 0.76 per cent, to 1,637.81, compared with Thursday’s close of 1,625.39. The benchmark index opened 2.83 points lower at 1,622.56, thereafter edged down to an early low of 1,622.03, before staging an uptrend to an intraday high of 1,640.36 in late trading. Market breadth was positive, with gainers trouncing decliners at 743 versus 387. Another 530 counters were unchanged, 1,108 untraded, and 16 suspended. Turnover increased to 3.09 billion units worth RM2.46 billion from 2.99 billion units worth RM2.35 billion on Thursday. Rakuten Trade Sdn Bhd vice-president of equity research Thong Pak Leng said the FBM KLCI ended higher on continued...
Chinese companies have committed roughly US$80 billion to overseas clean technology projects in the past year, according to a new report by Australian research group Climate Energy Finance (CEF). The surge reflects China’s push to find new markets as domestic clean-energy supply continues to outstrip demand.
China’s expanding footprint comes despite pressure from US President Donald Trump’s tariff measures, with many countries deepening cooperation with Beijing on clean energy as supply chains shift.
Since early 2023, China’s cumulative overseas direct investment in green technology has risen to more than US$180 billion, the report said.
China’s Supply Glut Drives Overseas Push
China dominates the global supply chain in:
solar panels
batteries
critical minerals and processing
With overcapacity at home, Chinese manufacturers are increasingly investing abroad to create new markets.
“China’s got a supply glut when it comes to green technology… so they need overseas markets to absorb their products,” said Caroline Wang, author of the report and CEF’s China engagement lead.
Opportunities for Emerging Economies
For developing economies, China’s investment wave offers a pathway to reduce reliance on imported fossil fuels while accelerating energy transition plans.
Research from the Net Zero Industrial Policy Lab at Johns Hopkins University found:
75% of China’s low-carbon FDI flows to Asia, the Middle East, Africa, and Latin America.
According to CEF:
Southeast Asia remains the top destination for Chinese manufacturing investments, though solar-related projects slowed due to US tariffs.
Investments shifted toward renewable power, electric vehicle (EV) production, and battery facilities.
The Middle East and North Africa saw the fastest growth in inflows, supported by national diversification agendas away from oil.
Big Ticket Projects
CEF highlighted China’s growing tendency to build large-scale integrated projects covering the entire supply chain. Major examples include:
Longi Green Energy’s US$8.28 billion green hydrogen project in Nigeria
CATL’s US$6 billion battery plant in Indonesia
Many emerging markets are eager to take part in the global energy transition.
“China’s leading the world in the technologies and innovation,” Wang said. “If you don’t get into the supply chain quickly, there’s a risk you miss out on innovation opportunities.”
Key Takeaways
China invested US$80b in overseas cleantech projects in the past year.
Total outbound green-tech FDI since 2023 exceeds US$180b.
Investments aim to offset China’s domestic overcapacity in solar and batteries.
75% of China’s low-carbon FDI goes to Asia, MENA, Africa, and Latin America.
Big investments: US$8.28b hydrogen project in Nigeria, US$6b CATL battery plant in Indonesia.
US tariffs reduced new solar investments in Southeast Asia, but boosted EV and battery investments.
The Middle East and North Africa are the fastest-growing destinations.
Emerging markets see China’s tech leadership as a key opportunity to accelerate their transition.
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