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Highlights Download pdf Between 2014 and 2020, about USD160 billion of Chinese-backed coal-fired power plants were being planned or announced outside of China;More than USD65 billion of Chinese-backed coal-fired power plants have been either shelved, mothballed or cancelled since 2014, with more projects seeing delays in construction;In 2019 and 2020,…

1. Introduction The COVID-19 pandemic has brought extreme stress to the global economy. Governments around the world are trying solutions to tackle the economic crisis through various fiscal, monetary, and related stimulus packages. Policymakers are struggling to balance their stimulus between the immediate “rescue” phase and the longer-term “recovery” phase:…