China is the world’s second-biggest issuer of green bonds. No international standards exist for the vehicles, which finance projects such as this photovoltaic power plant in northwestern China's Xinjiang Uygur autonomous region. Photo: Xinhua

China and EU seek common ground on environmentally friendly green bonds

  • Agreement on standards would be rare deal as relations between the trading partners fray on other fronts
  • US under President Donald Trump have turned a cold shoulder to environmental concerns, withdrawing from the Paris Agreement to combat climate change
Topic |   China economy

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China is the world’s second-biggest issuer of green bonds. No international standards exist for the vehicles, which finance projects such as this photovoltaic power plant in northwestern China's Xinjiang Uygur autonomous region. Photo: Xinhua
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Latest United Nations estimates say China has a population of 1.41 billion. Photo: Reuters

Nobel Prize winner Richard Thaler says China should use ‘nudge theory’ to improve the lives of citizens

  • ‘Nudging’ proposes the use of positive reinforcement and indirect suggestion to influence behaviour and decision making
  • Examples include creating an app to help drivers with navigation or a congestion tax in a city to reduce air pollution
Topic |   China economy

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Latest United Nations estimates say China has a population of 1.41 billion. Photo: Reuters
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