The US Treasury Secretary wants Beijing to invest more in efforts to transition from fossil fuels.
By Rupert Wingfield-Hayes, Asia correspondent & Kathryn Armstrong in LondonUS Treasury Secretary Janet Yellen has called on China to work with Washington to fight the "existential threat" of climate change.
But in a sign that cooperation could soon resume, Ms Yellen - who is on a four-day trip to the Chinese capital - called on China to work together with the US to fight climate change and mitigate the effects on poorer countries. China is now the world's biggest investor in solar energy, and biggest producer of solar panels and wind turbines but saw its carbon dioxide emissions rise 4% in the first quarter of this year compared to 2022.
Beijing says it is up to the US and Europe to pay for the energy transition, because they have historically created most of the emissions.Her presence there is aimed at easing tensions and restoring ties between the world's two superpowers., making him the highest-ranking Washington official to visit the Chinese capital in almost half a decade. He met President Xi Jinping and foreign minister Qin Gang.
Danmark Seneste Nyt, Danmark Overskrifter
Similar News:Du kan også læse nyheder, der ligner denne, som vi har indsamlet fra andre nyhedskilder.
Yield on two-year Treasury note hits highest level since 2007\n\t\t\tExpert insights, analysis and smart data help you cut through the noise to spot trends,\n\t\t\trisks and opportunities.\n\t\t\n\t\tJoin over 300,000 Finance professionals who already subscribe to the FT.
Læs mere »
UK to sanction Iran after credible threats from regimeThe sanctions will send a 'clear message to the regime', Foreign Secretary James Cleverly says.
Læs mere »
HPE looks to India as China loses its outsourcing shineHPE prepares for spicy affair with India to churn out $1B worth of servers
Læs mere »
China’s message to the global southA new propaganda push: “universal values” are a form of racism
Læs mere »
China must rethink its reliance on property sales to see real growthThe country's economy was expected to blast out of the blocks after Covid - but that hasn't happened.
Læs mere »
Does it pay to be a communist in China?A hard-headed assessment of party membership
Læs mere »