Flames from the Camp Fire consume a home in California on November 9. There is a link between climate change and bigger fires in California. Photo: AP Flames from the Camp Fire consume a home in California on November 9. There is a link between climate change and bigger fires in California. Photo: AP
Flames from the Camp Fire consume a home in California on November 9. There is a link between climate change and bigger fires in California. Photo: AP
Andrew Sheng
Opinion

Opinion

Andrew Sheng

Free market can’t save us from climate change – the likes of China, not the US, can lead the effort though

  • Andrew Sheng says the world has bigger problems than trade or national security threats. Instead of spending on defence against each other or leaving it to the free market, countries should step up and deal with climate change

Flames from the Camp Fire consume a home in California on November 9. There is a link between climate change and bigger fires in California. Photo: AP Flames from the Camp Fire consume a home in California on November 9. There is a link between climate change and bigger fires in California. Photo: AP
Flames from the Camp Fire consume a home in California on November 9. There is a link between climate change and bigger fires in California. Photo: AP
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Andrew Sheng

Andrew Sheng

Andrew Sheng is a former central banker and financial regulator, currently distinguished fellow at the Asia Global Institute, University of Hong Kong. He writes widely on Asian perspectives on global issues, with columns in Project Syndicate, Asia News Network and Caijing/Caixin magazines. His latest book is “Shadow Banking in China”, co-authored with Ng Chow Soon, published by Wiley.