Business
The economy
Renewables
Opinion
China is moving at lightning speed to secure a stranglehold over the industrial supply chain of nuclear fusion, aiming to leapfrog the US as technology advances from theoretical science to actual power for the grid.
The Communist Party has launched what amounts to a Manhattan Project to dominate the next stage of fusion, which promises to start sweeping away the existing energy order much sooner than is widely understood.
Beijing is replicating the same strategy it used to wipe out global rivals in solar panels, lithium batteries, critical minerals and electric vehicles.
“China’s rise in fusion poses an existential threat to US energy dominance,” says Will Regan, founder of the US start-up Pacific Fusion.
Regan says China has deployed upwards