Bloomberg President Xi Jinping started his week overseas mending ties with the US, and ended it with European leaders making the case for resisting the Biden administration’s sweeping chip curbs on China. The shift in sentiment amounts to a victory for Xi on just his second foray outside of China since the pandemic began —a span that had seen Beijing’s ...
Read More »Politics
Kamala Harris meets Xi as US-China tensions ease
Bloomberg US Vice President Kamala Harris and China’s Xi Jinping met briefly on the sidelines of an Asian summit, in another signal of easing tensions between the world’s two largest economies. Harris said in a tweet that she used the exchange at the Asia-Pacific Economic Cooperation forum Saturday in Bangkok to stress the need for open lines of communication ...
Read More »North Korea fires suspected ICBM after warning US on exercises
Bloomberg North Korea test-fired a suspected intercontinental ballistic missile with an estimated range long enough to carry a warhead to the American mainland, prompting the US to condemn what it said was an unlawful action. The North Korean missile was launched Friday, a day after Pyongyang warned the US to halt allied military drills in the region or face retribution. ...
Read More »Kamala Harris seeks to coax Asia towards US as China gains
Bloomberg Vice President Kamala Harris tried to persuade Asian nations that the US is their most valuable economic partner in a speech in Bangkok on Friday, with the Biden administration wary of China’s inroads in the region. Harris sought to allay doubts about the US commitment to the region among its leaders, after a turbulent period that saw former President ...
Read More »China, Japan leaders open door to mend ties in first meeting
Bloomberg Chinese President Xi Jinping and Japanese Prime Minister Fumio Kishida asserted their desire to improve relations and agreed to reopen lines of communication in the first meeting of the leaders of Asia’s two largest economies in three years. Xi expressed a willingness to work with Japan to maintain a stable relationship at their summit Thursday on the sidelines of ...
Read More »Ukrainian blackouts grow dire after Russian blitz
Bloomberg Ukraine is approaching the winter months with blackouts spreading across the country, as Russia’s missile campaign pummels power stations, grid networks and other civilian facilities. More than 10 million Ukrainians —about a quarter of the pre-war population — are without electricity, President Volodymyr Zelenskiy said in his overnight address Thursday, as the first snow fell in the capital ...
Read More »House Republicans plan to ax Democrats’ climate crisis committee
Bloomberg Republicans plan to kill a special committee focused on climate change when they take control of the House next year, the top GOP member of the panel said. “The climate crisis committee will not exist,†Louisiana Representative Garret Graves, the top GOP member of the House Select Committee on the Climate Crisis, said in an interview. “I don’t ...
Read More »Zelenskiy says no peace until Kyiv gets Crimea, Donbas back
Bloomberg Ukrainian President Volodymyr Zelenskiy said taking back Crimea, which was annexed by Russia in 2014, as well as the country’s long-occupied eastern Donbas region are conditions for bringing the nine-month war to an end. “A simple ceasefire won’t do the trick,†Zelenskiy said in a video interview at the Bloomberg New Economy Forum in Singapore. “Unless we liberate our ...
Read More »China’s Xi confronts Trudeau over media leaks in heated exchange caught on Camera
Bloomberg Chinese President Xi Jinping confronted Canadian Prime Minister Justin Trudeau at the Group of 20 summit, accusing him of leaking details of a private meeting — an unusually candid glimpse of Xi’s interactions with other world leaders. “Everything we discussed was leaked to the newspapers. That’s not appropriate, and that’s not the way our conversation was conducted, right?†Xi ...
Read More »Singapore’s Wong says Xi-Biden meet start of a long journey
Bloomberg Singapore’s prime minister-in-waiting said the meeting between US President Joe Biden and Chinese counterpart Xi Jinping was “a good start†as Asian leaders greet diplomatic efforts between the top two economies with guarded optimism. Deputy Prime Minister Lawrence Wong, 49, said in an interview with Bloomberg News Editor-in-Chief John Micklethwait that the meeting between the two leaders was “important ...
Read More »