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☆ China will cut carbon emissions at its own pace, Xi says
▼ + stars: | 2023-07-19 | by ( Nectar Gan | ) edition.cnn.com time to read: +4 min

CNN —China will follow its own path to cut carbon emissions, leader Xi Jinping vowed Tuesday, as US climate envoy John Kerry called for faster action to confront the climate crisis in a high-profile visit to Beijing. Xi told a national conference on environmental protection that China’s commitment to its duel carbon goals – reaching a carbon peak by 2030 and carbon neutrality by 2060 – is “unwavering,” according to state news agency Xinhua. In the meeting with Li, Kerry stressed the “need for China to decarbonize the power sector, cut methane emissions, and reduce deforestation,” a spokesperson for the US State Department said in a statement. China and other fast developing nations have long argued that the world’s richest countries, especially those in the West, were able to become wealthy while churning out huge carbon emissions for decades. The US has said climate cooperation with China should be a standalone issue, separate from their disputes.

Persons: Xi Jinping, John Kerry, Xi, –, ”, Kerry, Li Qiang, Wang Yi, Li, Nancy Pelosi’s, Wang, Han Zheng Organizations: CNN, Xinhua, China’s, US State Department, Taiwan –, Reuters Locations: China, Beijing, Washington, United States, Taiwan

☆ John Kerry steps into searing China heat as world’s two biggest polluters try to fix fractured ties
▼ + stars: | 2023-07-15 | by ( Nectar Gan | ) edition.cnn.com time to read: +10 min

China Energy Investment Corporation, the world’s largest generator of coal-fired power, said its production of electricity reached a historic high on Monday. Kerry, 79, has traveled to China twice since being appointed as US President Joe Biden’s special climate envoy. Li, the Greenpeace analyst, said he would be closely watching who will meet with Kerry in Beijing. That would require the country to phase out coal power, which accounts for about 60% of its total electricity generation. “The expansion of coal is a grave challenge for China’s climate policy,” Li said.

Persons: John Kerry, ”, Li Shuo, Nancy Pelosi’s, ” Li, Andy Wong, Kerry, Biden, Antony Blinken, Xi Jinping, Janet Yellen, China’s Premier Li Qiang, Blinken, Wang Yi, Alex Wang, Joe Biden’s, Xie Zhenhua, Arnd Wiegmann, Li, Xie Jianhua, Ding Xuexiang, Xi, Obama, Xie, ” Kerry, “ I’m, Stringer, Wang, “ It’s, “, ” Wang Organizations: Hong Kong CNN, Greenpeace, Washington, US, Taiwan —, China Energy Investment Corporation, China’s Premier, University of California, US State Department, China’s Ministry of Ecology, Economic, Blinken, Kerry, CNN, COP28, UCLA, Global Energy Monitor Locations: Hong Kong, Beijing, United States, China, Greenpeace China, Taiwan, Jakarta, “, Los Angeles, Kerry, Shanghai, Tianjin, People’s Republic of China, Davos, Switzerland, Washington, Paris, China Glasgow, Dubai, Lianyungang, China's, Jiangsu, AFP

☆ John Kerry to step into searing China heat as world’s two biggest polluters try to fix fractured ties
▼ + stars: | 2023-07-15 | by ( Nectar Gan | ) edition.cnn.com time to read: +10 min

Persons: John Kerry, ”, Li Shuo, Nancy Pelosi’s, ” Li, Andy Wong, Kerry, Biden, Antony Blinken, Xi Jinping, Janet Yellen, China’s Premier Li Qiang, Blinken, Wang Yi, Alex Wang, Joe Biden’s, Xie Zhenhua, Arnd Wiegmann, Li, Xie Jianhua, Ding Xuexiang, Xi, Obama, Xie, ” Kerry, “ I’m, Stringer, Wang, “ It’s, “, ” Wang Organizations: Hong Kong CNN, Beijing Sunday, Greenpeace, Washington, US, Taiwan —, China Energy Investment Corporation, China’s Premier, University of California, US State Department, China’s Ministry of Ecology, Economic, Blinken, Kerry, CNN, COP28, UCLA, Global Energy Monitor Locations: Hong Kong, Beijing, United States, China, Greenpeace China, Taiwan, Jakarta, “, Los Angeles, Kerry, Shanghai, Tianjin, People’s Republic of China, Davos, Switzerland, Washington, Paris, China Glasgow, Dubai, Lianyungang, China's, Jiangsu, AFP

CNN —US Treasury Secretary Janet Yellen arrived in Beijing Thursday ahead of high-stakes meetings with senior Chinese officials. The treasury secretary intends “to talk about the bilateral economic relationship, raise issues of concern, and discuss ways we can work together on global challenges” during her meeting with Li, a senior Treasury official told reporters traveling with Yellen. On Friday, Yellen will also meet with her former counterpart, Liu He, in what the Treasury official said could be “seen as a meeting of old friends.”“They were former counterparts. I will say that definitively,” the official told reporters. Yellen will be in China until July 9, according to the Department of the Treasury.

Persons: Janet Yellen, Yellen, China’s Premier Li Qiang, Xi Jinping, “, ”, Li, Liu He, They’ve, Zhou Xiaochuan, Joe Biden’s “, Xi Organizations: CNN, China’s Premier, Treasury, Yellen, People’s Bank of China, Treasury Department, Department of, Biden Locations: Beijing, China, PRC

☆ China’s premier strikes confident tone on economic growth
▼ + stars: | 2023-06-26 | by ( Laura He | ) edition.cnn.com time to read: 1 min

Hong Kong CNN —China’s Premier Li Qiang struck a confident tone about expansion in the world’s second largest economy on Tuesday, saying growth in the second quarter will be higher than in the first three months of the year. “We are on track to achieve the 5% annual growth target that we set earlier this year,” he told delegates at a World Economic Forum summit in the northern Chinese city of Tianjin. “We are fully confident and have the ability to promote the high quality development track of China’s economy over a long period of time.”This is a developing story and will be updated.

Persons: Hong Kong CNN —, Li Qiang, ” Organizations: Hong Kong CNN Locations: Hong Kong, Tianjin, “

☆ China sees biggest trade increase with Russia in 2023, Chinese customs data shows
▼ + stars: | 2023-06-07 | by ( Philip Wang | ) edition.cnn.com time to read: +2 min

CNN —Bilateral trade between Russia and China totaled more than $93.8 billion from January to May in 2023, a 40.7% increase compared to the same period last year, data from China’s General Administration of Customs showed. The data published on Wednesday also showed that China’s exports to Russia have reached $42.96 billion since January 2023, a 75.6% increase compared to 2022. The numbers of total trade values and total exports have seen their biggest jumps since the start of Russia’s invasion of Ukraine, with Russia becoming China’s fastest-growing trade partner in the world. Taiwan, South Korea, New Zealand, and the US saw the biggest decrease across the globe, with Taiwan shrinking its trade with China by more than 25 percent. Last month, Russian Prime Minister Mikhail Mishustin said he expected trade between Russia and China would exceed $200 billion in 2023, CNN reported.

Persons: Mikhail Mishustin, Li Qiang, Mishustin, Xi Jinping, Vladimir Putin Organizations: CNN, Bilateral, China’s, Administration, Customs, Russian, Mishustin, Reuters Locations: Russia, China, Ukraine, Taiwan, South Korea, New Zealand, United States, Beijing

☆ Russia predicts trade with China will hit record $200 billion in 2023
▼ + stars: | 2023-05-24 | by ( Laura He | ) edition.cnn.com time to read: +3 min

Hong Kong CNN —Trade between Russia and China is expected to hit a new record level of $200 billion this year, according to Russian Prime Minister Mikhail Mishustin during his trip to China, as Moscow faces growing isolation from the West. Last year, bilateral trade jumped nearly 30% to a record $190 billion, mainly boosted by China buying Russian energy. This year, their trade continued to surge, up 41% in the first four months, according to Chinese customs figures. Russian Prime Minister Mikhail Mishustin and Chinese Premier Li Qiang attend a welcoming ceremony in Beijing on May 24, 2023. The two countries have also planned to build the Power-of-Siberia 2 pipeline to deliver more Russian gas to China via Mongolia.

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