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How the US and China are partnering (reluctantly) to save the world

The article from the Australian Financial Review discusses the complex and often reluctant partnership between the United States and China in addressing global challenges, particularly climate change. Despite geopolitical tensions, both nations recognize the necessity of cooperation due to their significant contributions to global emissions and their economic interdependence. The U.S. and China have engaged in dialogues and agreements aimed at reducing emissions, enhancing renewable energy technologies, and tackling issues like deforestation and methane emissions. However, the partnership is fraught with challenges including trade disputes, technology transfer restrictions, and differing views on climate finance. The article highlights recent developments such as the U.S.-China Joint Glasgow Declaration on Enhancing Climate Action in the 2020s, which signifies a commitment to work together despite underlying mistrust. It also notes the strategic importance of this collaboration for global climate goals, with both countries navigating a delicate balance between competition and cooperation.

Read the Full The Australian Financial Review Article at:
[ https://www.afr.com/technology/how-the-us-and-china-are-partnering-reluctantly-to-save-the-world-20241203-p5kvfb ]