Actually, China's been investing into fusion research pretty actively. They recently achieved the longest sustained reaction lasting 403 seconds. If sustainable fusion can be achieved that would definitely be a game changer in terms of energy production.
It looks like China is taking a fairly broad spectrum approach towards its energy transition where they invest in renewables, fission, and active research into novel stuff like fusion and space based energy delivery.
The whole thing is pretty funny given that IMF has been the eternal champion of neoliberalism, and all of a sudden they come out and go woah woah corporate profits are actually a problem. You know shit got out of hand when...