logo
EU Wants China to Resolve Rare Earth Issue Before Summit in July

EU Wants China to Resolve Rare Earth Issue Before Summit in July

Bloomberg5 hours ago

The European Union wants China to resolve the current shortage of rare earth magnets before a meeting of their leaders next month, according to the bloc's top envoy to Beijing.
Europe is asking China to understand the fear and concerns felt by companies on the magnet issue, Ambassador Jorge Toledo told Chinese Foreign Minister Wang Yi in Beijing Wednesday. The shortage is affecting European businesses very badly, he said.

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Forums on China-Central Asia cooperation development, Silk Road int'l communication held in Astana
Forums on China-Central Asia cooperation development, Silk Road int'l communication held in Astana

Associated Press

time11 minutes ago

  • Associated Press

Forums on China-Central Asia cooperation development, Silk Road int'l communication held in Astana

ASTANA, Kazakhstan, June 25, 2025 (GLOBE NEWSWIRE) -- The China-Central Asia Cooperation Development Forum and the Third Silk Road International Communication Forum were held on Sunday in Astana, the capital of Kazakhstan. A Media Snippet accompanying this announcement is available in this link. Around 240 representatives from media, think tanks, cultural institutions and business sectors across China and Central Asia engaged in in-depth discussions on topics including deepening Silk Road cooperation. At the opening ceremony, Arman Kyrykbayev, assistant to the Kazakh president, read a congratulatory message from Kazakh President Kassym-Jomart Tokayev. In the letter, Tokayev noted that not long ago, Chinese President Xi Jinping and the heads of state of the five Central Asian countries attended the second China-Central Asia Summit, which concluded with great success. He said the China-Central Asia Cooperation Development Forum and the Third Silk Road International Communication Forum serve as important platforms for people-to-people dialogue and cultural exchange between Central Asian countries and China. Tokayev expressed confidence that the event will further deepen exchanges and cooperation between the two sides in various fields. In his keynote speech, Fu Hua, president of Xinhua News Agency, said President Xi attaches great importance to China-Central Asia cooperation and development. A stable, prosperous, harmonious and interconnected Central Asia is of great significance to the entire world, Fu said. Fu said that Xinhua is willing to work together with media outlets and think tanks from Central Asian countries to strengthen media exchanges and deepen cooperation in areas such as news reporting, technological development and personnel exchanges, carry out joint research on topics of common interest based on the realities and development needs of China and Central Asia, enhance field studies, analytical assessments and sharing of information and achievements, and produce more high-quality and actionable think tank reports to offer insights and recommendations for the development of China-Central Asia cooperation. Qiu Xiaoqi, vice president of the China Public Diplomacy Association, said the launch of the China-Central Asia forum marks a new chapter of exchange and cooperation among the media, think tanks and cultural institutions of the six countries. All parties should make earnest efforts to better tell the stories of China-Central Asia cooperation and the modernization of the Global South, he said. Tursunali Kuziev, first deputy director of Uzbekistan's Cultural Heritage Agency, said the Uzbek side fully agrees with the proverb 'a close neighbor is better than a distant relative,' and remains committed to building a good-neighborly and mutually beneficial relationship between Central Asia and China. He expressed hope that the event would serve as an efficient platform for exchanging ideas, inspiring creativity and charting future cooperation. Chinese Ambassador to Kazakhstan Han Chunlin said the 'China-Central Asia Spirit' reflects the six countries' strong commitment to good-neighborly relations, solidarity and mutual support. He called on the media, as a bridge for people-to-people connections, to promote a favorable public opinion environment for the high-quality development of China-Central Asia relations. Sun Weidong, secretary-general of the Secretariat of the China-Central Asia Mechanism, said in his speech that think tanks and media from the six countries bear an important responsibility in strengthening the social foundation of a China-Central Asia community with a shared future. The Secretariat of the China-Central Asia Mechanism stands ready to work closely with all parties, actively support cooperation mechanisms and platforms in various fields, and contribute to building a closer China-Central Asia community with a shared future. Zu Bin, director of China Huadian Corporation Ltd., said in his speech that as a leading global energy enterprise, China Huadian will fully implement the Belt and Road Initiative and the consensus reached at the China-Central Asia Summit. Upholding the principle of mutual benefit and win-win cooperation, the company aims to help Central Asian countries transform resource advantages into development strengths and promote vigorous growth of green Belt and Road cooperation, he said. At the opening ceremony, a center on China-Central Asia regional cooperation and development was officially inaugurated. The forum was co-hosted by Xinhua News Agency, Kazakhstan President's TV and Radio Complex, the Communist Party of China Shaanxi Provincial Committee and the provincial government, and China Huadian Corporation. During the event, a think tank report titled 'Championing the China-Central Asia Spirit: Achievements, Opportunities and Prospects for Regional Cooperation' was released globally in Chinese, Russian and English. Source: Xinhua News Agency Contact person: Mr. Wang, Tel: 86-10-63074558

Babcock CEO Lockwood Says Defense's Upward Trajectory to Endure
Babcock CEO Lockwood Says Defense's Upward Trajectory to Endure

Bloomberg

time11 minutes ago

  • Bloomberg

Babcock CEO Lockwood Says Defense's Upward Trajectory to Endure

Babcock International Group Chief Executive Officer David Lockwood predicted governments will continue the 'upward trajectory' in spending on military equipment even if the war in Ukraine ends and the Iran-Israel ceasefire holds. 'For things to really slow down, you'd have to believe that the world was stable on multiple fronts, and I think that is improbable, unfortunately,' Lockwood said in an interview, citing concerns around Europe's eastern front, the Middle East and China.

Regenerative Agriculture Market to Reach USD 30.3 Billion by 2032 - Exclusive Report by Meticulous Research®
Regenerative Agriculture Market to Reach USD 30.3 Billion by 2032 - Exclusive Report by Meticulous Research®

Yahoo

time30 minutes ago

  • Yahoo

Regenerative Agriculture Market to Reach USD 30.3 Billion by 2032 - Exclusive Report by Meticulous Research®

Climate-Smart Farming Practices, Soil Health Enhancement, and Carbon Sequestration Drive 14.2% CAGR Growth Across Agricultural Sectors Worldwide REDDING, Calif., June 25, 2025 /PRNewswire/ -- The regenerative agriculture market is valued at USD 10.63 billion in 2024. This market is estimated to reach USD 30.3 billion in 2032 from USD 11.98 billion in 2025, at a CAGR of 14.2%, according to the latest research report "Regenerative Agriculture Market Size, Share, Forecast, & Trends Analysis by Practice (Agroforestry, Biochar & Terra Preta) Product Type (Cover Crops, Cash Crops, Perennial Crops), Application (Biodiversity), End-user (Farmers) - Global Forecast to 2032", published by Meticulous Research®. This growth reflects the agricultural industry's fundamental transformation toward sustainable, climate-resilient farming systems that restore soil health, enhance biodiversity, and sequester carbon while maintaining productive yields and economic viability. Access your FREE sample report: Climate Crisis Drives Agricultural Transformation The regenerative agriculture market stands at the forefront of addressing global climate challenges, driven by farmers' urgent need to adopt sustainable practices that restore ecosystem health while ensuring food security for a growing global population. Soil Health Revolution Creates Resilient Food Systems Agricultural producers worldwide are implementing regenerative practices that rebuild soil organic matter, enhance water retention capacity, and restore natural nutrient cycling. Cover cropping, rotational grazing, and reduced tillage systems create healthier soil microbiomes that support increased crop yields while sequestering atmospheric carbon dioxide. Carbon Sequestration Unlocks New Revenue Streams The emergence of carbon credit markets provides farmers with additional income opportunities for implementing regenerative practices that remove CO2 from the atmosphere. Agricultural carbon sequestration programs, including those established by major corporations and government initiatives, incentivize widespread adoption of soil-building practices across diverse farming operations. Government Policies Accelerate Sustainable Agriculture Adoption National climate action plans, including the European Union's Green Deal and the United States' climate-smart agriculture initiatives, provide substantial policy support and financial incentives for farmers adopting regenerative technologies. These programs recognize sustainable agriculture as critical for achieving carbon neutrality goals and enhancing rural economic development. Practice Integration Drives Market Leadership Across Segments Cover Cropping Emerges as Fastest-Growing Practice Cover cropping represents the fastest-growing regenerative practice category, leveraging advances in seed technology, species selection, and precision planting equipment to maximize soil health benefits. The versatility of cover crops across applications including nitrogen fixation, soil erosion prevention, and weed suppression makes them essential components in modern farming systems. Precision agriculture technologies and soil monitoring systems complement cover crop deployments by providing real-time data on soil health metrics and optimizing seeding rates and species selection throughout growing seasons. Crop Production Applications Lead Market Revenue Crop production applications account for the largest market share, driven by regenerative practices' ability to enhance soil fertility, reduce input costs, and improve crop resilience to climate variability. No-till farming systems, integrated pest management, and diverse crop rotations revolutionize field management while maintaining productive yields. The increasing consumer demand for sustainably produced food creates sustained market opportunities for regeneratively grown crops. Industry leaders including General Mills, Danone, and Nestlé continue investing heavily in regenerative agriculture supply chains, sustainable sourcing programs, and farmer training initiatives. Explore customization options: Food and Beverage Industry Pioneers Regenerative Sourcing Consumer Goods Sector Demonstrates Market Leadership The food and beverage industry maintains its position as the largest end-user segment, building on decades of sustainability commitments to implement comprehensive regenerative sourcing strategies. Modern food production systems integrate regenerative agriculture principles throughout supply chains, from ingredient sourcing to packaging and distribution networks. Plant-based food production introduces new opportunities for regenerative agriculture through diverse crop rotations, soil-building legumes, and innovative protein sources that enhance agricultural sustainability while meeting evolving consumer preferences. Pharmaceutical and Nutraceutical Industries Show Rapid Growth Trajectory The pharmaceutical and nutraceutical sectors exhibit high growth potential as demand for naturally derived compounds and botanical ingredients requires sustainable cultivation practices. Regenerative agriculture enables consistent quality of medicinal plants while preserving biodiversity and traditional knowledge systems essential for pharmaceutical research and development. Regional Dynamics Shape Global Market Evolution North America Establishes Regenerative Agriculture Leadership North America dominates the global regenerative agriculture market, leveraging extensive agricultural infrastructure in the United States, Canada, and Mexico. The region's commitment to climate-smart agriculture, combined with substantial government investments in conservation programs, positions North America for continued market leadership throughout the forecast period. Rapid adoption across Midwest grain production and Great Plains ranching operations creates significant growth opportunities as these agricultural systems demonstrate regenerative practices' economic and environmental benefits. The focus on carbon sequestration and soil health drives accelerated implementation across diverse farming enterprises. Europe and Asia-Pacific Advance Innovation Developed markets in Europe lead innovation in regenerative agriculture technologies while addressing food security challenges through sustainable intensification strategies. These regions demonstrate sophisticated implementations of precision agriculture systems and pioneering applications of biological soil amendments. Asia-Pacific markets show tremendous growth potential as smallholder farmers adopt regenerative practices supported by government programs and international development initiatives. Countries including India, China, and Australia implement large-scale regenerative agriculture programs that enhance food security while addressing climate change mitigation goals. Technology Innovation Unlocks Future Opportunities Precision Agriculture Integration Optimizes Regenerative Practices The convergence of regenerative agriculture with precision farming technologies enables data-driven decision-making for optimal practice implementation. GPS-guided equipment, soil sensors, and satellite monitoring systems provide farmers with detailed information for maximizing regenerative practices' effectiveness while maintaining operational efficiency. Biological Solutions Transform Soil Health Management Advanced microbial inoculants, biofertilizers, and biological pest control products enhance soil health restoration while reducing synthetic input dependencies. These biological solutions work synergistically with regenerative practices to accelerate soil organic matter development and improve nutrient cycling efficiency. View complete market analysis: Key Players in Regenerative Agriculture Market The regenerative agriculture market features intense collaboration among agricultural input companies, technology providers, and sustainability-focused organizations. Leading players include Cargill Inc. (USA), Bayer AG (Germany), Syngenta Group (Switzerland), Corteva Inc. (USA), Nutrien Ltd. (Canada), Yara International ASA (Norway), FMC Corporation (USA), BASF SE (Germany), Archer Daniels Midland Company (USA), General Mills Inc. (USA), Danone S.A. (France), and Nestlé S.A. (Switzerland). Related Reports: Precision Agriculture Market Size, Share, Forecast, & Trends Analysis Biodiversity and Natural Capital Credit Market Size, Share, Forecast, & Trends Analysis Agricultural Biologicals Market Size, Share, Forecast, & Trends Analysis Certified Organic Agricultural Inputs Market Trends 2025–2032 About Meticulous Research® Meticulous Research® was founded in 2010 and incorporated as Meticulous Market Research Pvt. Ltd. in 2013 as a private limited company under the Companies Act, 1956. Since its incorporation, the company has become the leading provider of premium market intelligence, strategic insights, and consulting services to serve clients across 11 major industries globally. Meticulous Research® offers comprehensive market research reports, custom research, and consulting services. Our research studies help clients make informed business decisions and understand emerging business trends and opportunities. The company's expertise spans across various domains, enabling it to provide accurate insights and strategic recommendations to its clients. Contact:Mr. Khushal BombeMeticulous Market Research Pvt. Ltd.1267 Willis St, Ste 200 Redding,California, 96001, +1-646-781-8004Europe: +44-203-868-8738APAC: +91 744-7780008Email: sales@ Source: Logo: View original content: SOURCE Meticulous Market Research Pvt. Ltd.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store