ESM chief on China-Europe cooperation

At a critical juncture for global trade and green finance, Pierre Gramegna, managing director of the European Stability Mechanism, underscored the importance of China-EU cooperation. In an exclusive interview with CGTN anchor Guan Xin, he emphasized that, as two major export-driven economies, China and Europe share a mutual interest in upholding a multilateral trade system, particularly in light of rising US tariffs. Both sides advocate reducing protectionism and resolving trade disputes within the WTO framework. Furthermore, with the US showing waning attention to ESG investments, Gramegna called for stronger China-EU collaboration to ensure financial systems effectively support the transition to a green economy.