Climate change in China cuts in carbon emissions than alternatives like hybrid electric vehicles, consulting firm McKinsey & Co says. Both internationally and within the People's Republic of China, there has been an ongoing debate over China's economic responsibilities for climate change mitigation. Climate change in China Since 2006, China has been the world's largest emitter of annually. China ratified the Kyoto Protocol as a non-Annex B party without binding targets, and ratified the Paris Agreement to fight climate change. As the world's largest coal producer and consumer country, China worked hard to change energy structure and experienced a decrease in coal consumption since
Capital flows in Japan market) rather than the removal of international capital controls per se. This approach was taken because of United States concerns that foreign investment in Japan was impeded by a lack of various financial instruments in the country and by the government's continued control of interest rates for many of those instruments that did exist. As a result of the agreement, for example, interest rates on large bank deposits were decontrolled, and the minimum denomination for certificates of deposit was lowered. By the end of the 1980s, barriers to capital flow were no longer a major issue in Japan-United States relations.