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EU, China commit to lead global greenhouse-gas reduction despite trade issues

( July 24, 2025, 10:19 GMT | Official Statement) -- MLex Summary: The EU and China have reaffirmed their commitment to climate action, agreeing to jointly lead global emissions-reduction efforts ahead of November's COP30 conference, the European Commission said in a statement following the EU-China Summit. The EU is urging China to propose an ambitious emissions-reduction plan for 2035, and to increase its financial support for global climate efforts. But progress is needed to address “critically unbalanced” trade relations, the EU executive said, calling on China to allow fair market access for European companies, reduce export controls and fix its increasing manufacturing overcapacity.Full statement attached:...

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