Chinese President Xi Jinping said on Tuesday his country would end support for building new coal-fired power plants abroad, a move that would cut off a key source of financing for the fuel most responsible for climate change.Xi's announcement to the United Nations General Assembly will end the flow of cash from the world's largest public financier to foreign coal projects, and it comes on the heels of similar pledges by Japan and South Korea earlier this year.
China had been the subject of a pressure campaign by the United States and other G-7 nations to halt its overseas support of coal
Should top 3 actually do anything?
Climate “Change”? Bwahahahaha... I guess that’s what we get from people who live in a cocoon of confirmation bias. Fossil fuels have enabled human progress never imagined 100 years ago.
Well he can be trusted 🙄
The actions by the Chinese will have global repercussions on the industry.
The democratic world dont have to fall for this lie from CCP again .
🇨🇳❤️🇨🇳❤️🇨🇳❤️
The world can not trust China.
Winnie the pooh is lying
what is Winne The Pooh up to now?
There is no greater joy than having financial stability and a life free of debts, that’s why I keep tweeting about KayleighGlover0 it has been a pleasure collaborating with you...there is no other way I can show my appreciation other than tweeting the good deed you have done 🤝
Uh oh... Did they check with JoeManchinWV first? ClimateCrisis ClimateAction ClimateEmergency CleanEnergyWeek cleanenergy
Coal killed Coal ByeFelicia
This is huge.
Capitalists controlling US government and Corporate Media will never support addressing climate change. Bankers make too much money killing the planet.
Ironically, it might make the third world even more dependent on China
Wow, this a BFD
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Xi Jinping Aims to Rein In Chinese Capitalism, Hew to Mao’s Socialist VisionGoing well beyond curbing tech giants, he wants the Communist party to steer flows of money and set tighter limits on profit making, his speeches show and officials say. More turbulence for foreign businesses is likely. Pelosi is doing the same in the US. No he isn’t. He’s trying to roll back the 2000-2010 decade long move towards wider freedom. He’s repressed many different groups. Now it’s the turn of the wealthy private business owners. It’s a sign of underconfidence in his system and worries about the weakness of his position Chinese government became to be unable to control Alibaba.
Source: WSJ - 🏆 98. / 63 Read more »
China vows end to building coal-fired power plants abroadChinese President Xi Jinping told the United Nations General Assembly Tuesday that his country 'will not build new coal-fired power projects abroad' and plans to boost support for clean energy in developing nations. Why it matters: The pledge, if maintained, would mark a breakthrough in efforts to transition global power away from the most carbon-emitting fuel. Stay on top of the latest market trends and economic insights with Axios Markets. Subscribe for freeNations, including the U.S., have be And we believe them. I’m sure Joe does anyways. I mean China never lies….🤷♂️
Source: YahooNews - 🏆 380. / 59 Read more »
UK calls on China and Russia to agree Afghanistan strategyBritain will on Wednesday call for China and Russia to agree a coordinated international approach to prevent Afghanistan becoming a haven for militants, according to a statement by British Foreign Secretary Liz Truss at the United Nations. OH ! YEAH MYANAAS in the UNITED NATIONS / UNITED KINGDOM / i doubted that INDIA bureaucracy was hiding behind JAPAN when questioned why UMM was NOT GIVEN CASH / PAYMENT & his money went to CORE CRIMINALS within the DOMAIN INDIA / UMM * INR $%$%$ CIA $%$$$$ WHITE HOUSE USA CBI$%$$ They all have to agree because there is no other way to solve this crisis.
Source: Reuters - 🏆 2. / 97 Read more »
Universal Studios Beijing draws eager throngs amid uneasy U.S.-China tiesThe Beijing theme park will be the first Universal Studios resort with a section dedicated to the movie 'Kung Fu Panda' and includes an area based on the Harry Potter franchise, which is popular in China nice So Covid spread continues in China? WHCOVIDResponse
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IMF says China has tools to avoid Evergrande's problems becoming systemic crisisThe International Monetary Fund on Tuesday said it is closely following developments surrounding China Evergrande Group , but believes Beijing has the tools to prevent the situation from turning into a systemic crisis. China also had the tools to avoid Corona becoming a pandemic crisis.
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European markets set for higher open despite nerves over China; Fed meeting aheadEuropean stocks are expected to open higher on Tuesday, bouncing back from heightened investor nerves over a Chinese property developer. wow TRADE WAR NEVER ENDED. IT STILL GONG ON!!! China vs the world... we find out who the winner soon . FED sweating...
Source: CNBC - 🏆 12. / 72 Read more »