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Chris De Angelis News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Detailed text transcripts for TV channel - MSNBC - 20171123:20:12:00

technology. be creative. be an innovator. okay? and the fact is, in many ways, china almost used technology as a commodity now. right? like, we can buy it. we have tons of people. we can make it. reporter: and not only in china when the city of los angeles decided to switch its bus fleet to all-electric, a new factory quickly opened up in the mojave desert backed by warren buffett but owned by a chinese company. the first buses are already on the road in lancaster, california. another win for the chinese way of doing renewables. back in his office in beijing, de angelis says american companies were inherently the underdogs in the race. we do have amazing pockets of technology all over the u.s. but it s that everybody on their own versus china, which is an entire country, like on the same mission. reporter: de angelis has lived in china the past 13

Detailed text transcripts for TV channel - MSNBC - 20171123:20:10:00

the renewable energy law, and so that for the first time really set out these targets, this plan, to support the development of wind and solar. reporter: china spent $102 billion on renewable energy in 2015. that s more than twice what the u.s. spent. and while president trump talks about bringing back jobs in coal, china plans to spend even more on renewable energies over the next three years and create 13 million jobs in the process. you look for the trends. see where things are going and jump ahead and take the leadership. how you make money, create jobs. that s all china s doing. right? i don t know what the hell we re doing. reporter: chris de angelis is an american lawyer who works with large technology companies here in day xing. he sa beijing. while americans argue about climate change, chinese are racing ahead. whether or not you believe it, this is where the world s going. take a business focus on it. they see where this is going.

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