China, Europe and Ursula von der Leyen
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Two of the world’s biggest polluters want to combat climate change — but neither wants to give an inch while doing it.
By Liz Lee and Xiuhao Chen BEIJING (Reuters) -China confirmed on Monday it will hold a top-level summit with the European Union in Beijing this week marking 50 years of diplomatic ties as both sides seek to navigate trade disputes amid broader global trade uncertainties.
"China has an influence on Russia, like the European Union has an influence on Ukraine," European Commission President Ursula von der Leyen said.
13hon MSN
The United States and European Union reached a trade agreement. EU exports will be taxed at 15 percent. This resolves a tariff dispute. Donald Trump and Ursula von der Leyen met in Scotland. US and China will resume talks in Stockholm.
The euro rose on Monday following a framework trade deal reached over the weekend between the United States and the European Union.