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The Economic Times
The Economic Times
National

HSBC to lend $4 billion to help China clean tech scale globally

HSBC launched a dedicated $4 billion credit facility on Monday to support the global expansion of mainland Chinese companies involved in sustainable and transition technologies ‌including clean ⁠power, data centres, ⁠electric vehicles and AI.

China, already the world's largest exporter of solar ​and battery technology, is leading the world in deployment of many green technologies ​as part of efforts to cut emissions, and has made a strategic push to grow markets and influence globally.

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