The Latest: China, France push climate-friendly finance

Combined Shape

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.

Trending:
US Chamber of Commerce Defies Biden, Calls for Termination of Weekly Unemployment Perk

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.

The Western Journal has not reviewed this Associated Press story prior to publication. Therefore, it may contain editorial bias or may in some other way not meet our normal editorial standards. It is provided to our readers as a service from The Western Journal.

Truth and Accuracy

Submit a Correction →






We are committed to truth and accuracy in all of our journalism. Read our editorial standards.

Tags:
The Associated Press is an independent, not-for-profit news cooperative headquartered in New York City. Their teams in over 100 countries tell the world’s stories, from breaking news to investigative reporting. They provide content and services to help engage audiences worldwide, working with companies of all types, from broadcasters to brands.
The Associated Press was the first private sector organization in the U.S. to operate on a national scale. Over the past 170 years, they have been first to inform the world of many of history's most important moments, from the assassination of Abraham Lincoln and the bombing of Pearl Harbor to the fall of the Shah of Iran and the death of Pope John Paul.

Today, they operate in 263 locations in more than 100 countries relaying breaking news, covering war and conflict and producing enterprise reports that tell the world's stories.
Location
New York City




Conversation