China Uses Parasitic Export Model to Dominate Global Battery Market: Experts

By far the world’s biggest battery maker, Beijing takes advantage of international trade norms to capture an increasingly essential industry.

Workers at a factory for Xinwangda Electric Vehicle Battery, which makes lithium batteries for electric cars and other uses, in Nanjing, China, on March 12, 2021. STR/AFP via Getty Images

News Analysis

For more than a decade, communist China has been working to corner the world’s battery industry, viewing the sector as key for advancing its strategic aims at a time when demand for electricity generation and storage is on the rise globally.