Bloomberg China and India blamed each other for a lack of progress in finding ways to ease friction along their disputed border, underscoring the lingering ill will following clashes last year. The Chinese side “made great efforts” to calm tensions during a meeting of military officials, Colonel Long Shaohua, spokesperson for the Western theater of the People’s Liberation Army (PLA), ...

Bloomberg Austria’s new Chancellor Alexander Schallenberg vowed to work closely with his predecessor and future party whip, Sebastian Kurz, who was reduced to a parliamentary role by a corruption scandal. The new premier, almost two decades older than Kurz, said he’ll continue to work along the lines of a coalition program signed with the Green Party in 2020. That includes ...

Bloomberg China drained the most short-term liquidity from the banking system in a year on a net basis as it reduced support after a week-long holiday. Government bond futures slid by the most since August. The People’s Bank of China (PBOC) offered 10 billion yuan ($1.6 billion) of short-term funds to lenders, resulting in a net liquidity withdrawal of 330 ...