china against u.s. climate policy
China plain does not like the U.S. clean energy bill that has provisions for trade penalties against nations that do not have pollution standards. The Chinese have sternly rejected the notion of trade protectionism under the pretext of climate change. China does not seem to want to take the lead on emissions cuts. China is very concerned about the exportation of their goods to the U.S.
With consumer sentiment low and households spending less, the goods that China delivers to the U.S. has been dropping.
