• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia

Trendingnow

1

Google cofounder Sergey Brin has spent $102 million to fight California’s proposed billionaire tax—he could owe $13 billion if he loses

2

The 'golden passport': Argentina to offer citizenship for foreigners that make a $350,000 contribution to its treasury—or invest $800,000 in its bonds

3

Where Americans are moving by generation, according to U-Haul: Boomers pick the Carolinas, Gen Z picks Texas and California

1

Google cofounder Sergey Brin has spent $102 million to fight California’s proposed billionaire tax—he could owe $13 billion if he loses

2

The 'golden passport': Argentina to offer citizenship for foreigners that make a $350,000 contribution to its treasury—or invest $800,000 in its bonds

3

Where Americans are moving by generation, according to U-Haul: Boomers pick the Carolinas, Gen Z picks Texas and California
Leadership

China Rejects Donald Trump’s Threat to Back Out of a Climate Change Pact

By
Reuters
Reuters
Down Arrow Button Icon
By
Reuters
Reuters
Down Arrow Button Icon
November 1, 2016, 10:00 AM ET
Google source logo
Add Fortune on Google for similar content.

China on Tuesday rejected a plan by U.S. Republican presidential candidate Donald Trump to back out of a global climate change pact, saying a wise political leader should make policy in line with global trends, a rare comment on a foreign election.

The world is moving towards balancing environmental protection and economic growth, China’s top climate change negotiator told reporters, in response to a query on how China would work with a Trump administration on climate change.

“If they resist this trend, I don’t think they’ll win the support of their people, and their country’s economic and social progress will also be affected,” Xie Zhenhua said.

“I believe a wise political leader should take policy stances that conform with global trends,” China’s veteran climate chief said.

 

Trump has threatened to reject the Paris Agreement, a global accord negotiated by nearly 200 governments to battle climate change that takes effect on Friday.

Chinese officials are often hesitant to weigh in on foreign elections, although they will defend Chinese policies when attacked in candidates’ policy platforms.

Xie’s comments come as China plans to launch a national carbon trading scheme in 2017.

The scheme is on track and pilot programs have already traded 120 million carbon allowances with total transactions amounting to 3.2 billion yuan ($472.29 million), he added.

“It will take time for the market to be fully operational, but once it’s operational, it’ll be the largest carbon trading market in the world,” said Xie.

China’s coal consumption has declined as the world’s second-largest economy slows, but Xie said it was too early to decide if it had peaked.

China’s delegation of more than 80 negotiators will begin departing from Tuesday for global climate change talks in the Moroccan city of Marrakesh set for Nov. 7 to 18.

About the Author
By Reuters
See full bioRight Arrow Button Icon

Latest in Leadership


Most Popular

Fortune Secondary Logo
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • World's Most Admired Companies
  • See All Rankings
  • Lists Calendar
Sections
  • Finance
  • Fortune Crypto
  • Features
  • Leadership
  • Health
  • Commentary
  • Success
  • Retail
  • Mpw
  • Tech
  • Lifestyle
  • CEO Initiative
  • Asia
  • Politics
  • Conferences
  • Europe
  • Newsletters
  • Personal Finance
  • Environment
  • Magazine
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
  • Group Subscriptions
About Us
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • TikTok icon
  • YouTube icon

    Latest in Leadership


    Most Popular

    © 2026 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
    FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.