China is stepping up its clean energy drive, both through a reduction of its own emissions and by becoming the biggest supplier of some clean-energy equipment in the world. Picture (courtesy China Daily) shows cooling towers being demolished with explosives amid efforts to reduce emissions in Zoucheng, East China’s Shandong province, last week.
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The world’s second largest sovereign wealth fund, Norway’s Government Pension Fund Global, has experienced a material effect of the European sovereign debt challenges, a region where it holds more than half its equity holdings, and the BP oil spill. 



