pcloudyn.png
Monday February 17th, 2020 2:39AM
10:43PM ( 3 hours ago ) Weather Alert

The Latest: China, France push climate-friendly finance

By The Associated Press
Related Articles
  Contact Editor

PARIS (AP) — The Latest on the meeting between European leaders and China's president (all times local):

12:10 p.m.

The leaders of China and France are trying to ramp up efforts against climate change and are calling for a global rethink of investments to make them more planet-friendly.

Chinese President Xi Jinping and French President Emmanuel Macron issued a statement that contrasted with the position of U.S. President Donald Trump, who took his country out of the Paris climate accord partly because of concerns over how it threatened American business.

Xi and Macron stressed "the importance of reorienting public and private investment toward fighting climate change and protecting biodiversity," notably in developing countries where China is a major investor.

They vowed support for the 2015 Paris agreement to reduce the emissions that cause global warming, including in the energy and refrigeration sectors.

Xi is paying a visit to Europe aimed at boosting cooperation, amid tensions with the U.S.

___

9:50 a.m.

Chinese President Xi Jinping is meeting with the leaders of France, Germany and the European Commission, as European countries seek to boost relations with China while also putting pressure over its trade practices.

German Chancellor Angela Merkel and European Commission President Jean-Claude Juncker came to Paris to join Xi and French President Emmanuel Macron for Tuesday's meeting. The leaders are notably preparing for a crucial EU-China summit.

Tuesday's meeting is a key moment in Xi's European tour, which has involved huge business contracts, including one of the biggest deals ever for European plane maker Airbus.

Xi also received the full honors of a formal reception in the French presidential palace Monday night.

The EU is China's biggest trade partner and wants to solidify that relationship.

  • Associated Categories: Associated Press (AP), AP World News, AP Business
© Copyright 2020 AccessWDUN.com
All rights reserved. This material may not be published, broadcast, rewritten, or redistributed without permission.
The Latest: China, France push climate-friendly finance
The leaders of China and France are trying to ramp up efforts against climate change and are calling for a global rethink of investments to make them more planet-friendly.
7:10AM ( 5 minutes ago )
The Latest: WHO expects 'spike' in malaria after cyclone
The Latest: WHO expects 'spike' in malaria after Mozambique cyclone; cholera vaccines prepped
7:06AM ( 9 minutes ago )
Uber acquires Mideast competitor Careem for $3.1 billion
Ride-hailing service Uber acquires Mideast competitor Careem for $3.1 billion in largest tech sale in the region
7:05AM ( 11 minutes ago )
Associated Press (AP)
UK government defiant over May's Brexit deal despite setback
British Prime Minister Theresa May's government says Parliament's decision to take control of the stalled process of leaving the European Union underscores that the only way forward is for lawmakers to approve her twice-defeated deal
6:20AM ( 56 minutes ago )
Trial begins against Turkish employee of US Consulate
A trial is set to begin against a Turkish employee of the US Consulate in Istanbul charged with espionage and attempting to overthrow the Turkish government
6:11AM ( 1 hour ago )
Gaza tense after Israel, Hamas exchange heavy fire overnight
Gaza quiet but tense after night of heavy fire as Israeli aircraft bomb targets across Gaza and militants fire rockets at Israel
5:56AM ( 1 hour ago )
AP World News
Global stocks rebound after slide on growth worries
Global stock prices rebound from slide on US, Europe growth worries
6:09AM ( 1 hour ago )
Kamala Harris promises teachers a raise if elected president
In the first major policy proposal of her Democratic presidential campaign, California Sen. Kamala Harris is focused on boosting the salaries of teachers
6:00AM ( 1 hour ago )
Trump says investigation abused him, led to 'evil things'
Trump accuses those responsible for launching Mueller's probe of 'treasonous things against our country,' says 'certainly will be looked into'
5:28AM ( 1 hour ago )
AP Business
The Latest: WHO expects 'spike' in malaria after cyclone
The Latest: WHO expects 'spike' in malaria after Mozambique cyclone; cholera vaccines prepped
7:06AM ( 9 minutes ago )
Uber acquires Mideast competitor Careem for $3.1 billion
Ride-hailing service Uber acquires Mideast competitor Careem for $3.1 billion in largest tech sale in the region
7:05AM ( 11 minutes ago )
Avenatti hit with Nike extortion claims, other charges
Attorney Michael Avenatti's arrest on federal charges is a sharp reversal of fortune for a man who was considering a run for president last year
7:03AM ( 12 minutes ago )
The Latest: Vatican editor denies interfering in women's mag
The editor of the Vatican newspaper has denied accusations that he sought to discredit the female editors of a monthly magazine that was distributed by his daily.
7:01AM ( 14 minutes ago )
APNewsBreak: Founder, board of Vatican women's magazine quit
Founder, editorial board of Vatican women's magazine quit citing climate of distrust after nun abuse articles
6:50AM ( 25 minutes ago )