China planning on investing heavily in renewable technology

As I reported here back in February, China was going to take the lead in alternative energy. Well now it seems as though the Chinese government has committed $468 billion to renewable energy as is evidenced by this story. Now all this info has come to me as China just experienced a trade deficit of $31 billion dollars in February down fro a surplus of $27 billion in January. So who knows what will happen-- only time can tell.