Either everyone wins the fight against climate change, or no one does.
Chinese president Xi Jinping speaks via a video link during the annual gathering in New York City for the 76th session of the United Nations General Assembly, September 2021. Xi pledged that China would stop funding for overseas coal plants, the last major power to do so. Credit: Spencer Platt/Getty Images
HONG KONG – The planet is heating up — and so are global geopolitics. With less than two months until the crucial United Nations Climate Change Conference (COP26) in Glasgow, the United States and China must commit to cooperate on the existential challenge global warming represents. But bilateral relations remain burdened by mistrust, antagonism, and even warmongering.
Technically, the U.S. and China are both willing to cooperate on climate change. But China wants to do so only in a broad
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Walmart should be in trouble in China, where its competitors are in retreat and its sourcing operations have been criticised by both Beijing and Washington. But the American retailer seems to have found a way forward in a difficult sector and remains one of the biggest benefactors of China-U.S. trade.
The Commerce Department wants to expand export controls to majority-owned subsidiaries of Chinese companies. That could trigger cascading effects — and challenges.
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