6 June 2017

Vox: Trump pulling out of the Paris climate agreement is great news … for China

With the US stepping away from its role as a leader of the global fight against climate change, Beijing is already moving to fill the void, giving it a chance to benefit both diplomatically and economically. [...]

After Trump withdrew the US from the Trans-Pacific Partnership, China inserted itself into trade talks among other nations disappointed by America’s reversal. As Canada and Mexico have felt spurned by Trump during the runup to renegotiating NAFTA, China has emerged as a more reliable trading prospect. [...]

In a statement to the press, Miguel Arias Cañete, the European Union commissioner on climate action and energy, made the point even more forcefully: "No one should be left behind, but the EU and China have decided to move forward. Our successful cooperation on issues like emissions trading and clean technologies are bearing fruit. Now is the time to further strengthen these ties to keep the wheels turning for ambitious global climate action.” [...]

To make that a little more concrete, let’s take something like China’s jaw-droppingly ambitious One Belt, One Road initiative. It’s a Chinese-funded infrastructure project designed to connect China to 64 countries in Asia, Europe, the Middle East, and Africa that make up around 60 percent of the world’s population.

No comments:

Post a Comment