Global Economy News
LAST UPDATE: September 27, 2025
China calls EU hypocritical over criticism of climate goal
China’s foreign ministry accused the EU of “double standards and selective blindness” after EU climate chief criticized China’s new pledge to cut greenhouse gas emissions by 7-10% by 2035. China pointed to silence on Trump’s “climate change is a hoax” comments while criticizing China’s efforts.
Insight
The diplomatic spat highlights growing tensions over climate leadership as China defends its targets while the EU faces its own deadline delays for new climate plans.
Germany’s Merz criticises US’ fundamental shift from following rules
German Chancellor Friedrich Merz criticized the US for no longer following rules, citing pressures on parliamentary democracy, freedom of expression, and judicial independence. He described this as a fundamental shift that won’t easily reverse after elections.
Insight
Merz’s remarks signal Germany’s concern about democratic backsliding in its key transatlantic partner and reflects broader European anxiety about rule-of-law erosion globally.
