Bloomberg President Xi Jinping was expected to use a gathering of dozens of African leaders in Beijing to push back against criticism that China’s vast development initiatives risked saddling emerging economies with debt. Xi’s speech recently to the Forum on China-Africa Cooperation gives him a high-profile chance to defend his signature Belt and Road Initiative to develop roads, railways, ports, ...

Bloomberg President Donald Trump will skip two major summits in Asia in November, a move that could stoke concerns in the region about the US’s reliability as a counterweight to China. The White House said that Vice President Mike Pence would travel to Singapore for an 18-nation summit hosted by the Association of Southeast Asian Nations, before heading to Papua ...

Bloomberg Italy could soon find itself excluded from the heart of euro-area monetary policy for the first time in the currency’s two-decade history. European Central Bank President Mario Draghi’s eight-year term ends in October 2019 and his country has no automatic path to a seat on the Executive Board after that. Instead, its populist leaders must negotiate with the same ...