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'Alex Lo's new book is a timely and much needed contribution to the field of climate change mitigation policy. As the top ranked carbon polluting nation, the world's second largest economy and a developing economy working hard to eliminate the scourge of poverty, China's adoption of carbon trading as a mitigation policy instrument is of historic significance. Dr Lo's expert analysis of the economic dimension of China's carbon trading policies is enriched by a persuasive and critical analysis of its history and geopolitical roles.' - Brendan Mackey, Professor and Director, Griffith Climate Change Response Program, Griffith University, and Regional Councilor for Oceania, International Union for Conservation of Nature, Australia