Apr 21, 2021
Xi to attend Bidens climate change summit in first meeting of two leaders
This news has been received from: New York Post
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China’s President Xi Jinping will attend a U.S.-led climate change summit on Thursday at the invitation of President Joe Biden, in the first meeting between the two leaders since the advent of the new U.S. administration.
Biden has invited dozens of world leaders to join the two-day virtual summit starting on Thursday, after bringing the United States back into the 2015 Paris Agreement on cutting global carbon emissions.
Xi will attend the summit via video and will deliver an “important” speech, Hua Chunying, a spokeswoman at the Chinese foreign ministry, said in a statement on Wednesday.
Beijing and Washington have persistently clashed over a range of issues from alleged human rights abuses to China’s economic clout over other nations.
In Alaska last month, U.S. and Chinese officials held the first high-level in-person talks that bristled with rancor and yielded no diplomatic breakthroughs.
But the two countries, the world’s two biggest greenhouse gas emitters, have rediscovered a common interest in battling climate change.
Last week, U.S. climate envoy John Kerry traveled to Shanghai to meet with his Chinese counterpart in the first high-level visit to China by a Biden administration official. Both agreed on concrete actions “in the 2020s” to reduce emissions.
The talks also marked a resumption of climate dialogue halted during the Donald Trump administration, who withdrew from the Paris agreement.Filed under china , climate change , joe biden , united states , xi jinping , 4/21/21
News Source: New York Post
Tesla's Model Y slumps in China sales rankings, data shows
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BEIJING — Sales of Tesla's newest model for the Chinese market lost steam in April, according to data from China's Passenger Car Association.
The budget Wuling Hongguang Mini EV held onto its rank in April as the best-selling new energy vehicle in China, the association said Wednesday.
Tesla's Model 3 ranked second, followed by BYD's "Han" luxury sedan.
But Tesla's Model Y, which launched to customers in China in January, fell to sixth place, down from third earlier this year, the data showed.VIDEO1:3201:32Cramer on sales of Tesla's made-in-China cars tumbling 27% in AprilSquawk on the Street
Elon Musk's automaker has faced growing scrutiny from regulators in China, with mounting negative press reports of brake failures, crashes and explosions.
U.S.-listed Chinese electric car start-up Li Auto sold more of its SUV — which comes with a fuel tank to extend the battery's driving range — than Tesla's Model Y in April, according to the report.
However, Chinese electric car start-up Nio's ES6 ranked even lower, in 13th place. The company has said the global chip shortage would affect its deliveries in the second quarter.
U.S.-listed Xpeng's P7 sedan ranked 14th, the association said. Some in the industry have cast doubt on the accuracy of the association's figures.