Bloomberg US President Joe Biden and Chinese leader Xi Jinping have plenty to discuss during their first virtual summit — from sanctions to Taiwan — even as expectations for a breakthrough on major issues are low. A Biden administration official said the US expects the virtual summit in Washington to last several hours, a time frame that includes translation for ...

Bloomberg The head of the North Atlantic Treaty Organisation (Nato) military alliance urged Russia to prevent any escalation in the wake of its build-up of forces near the border with Ukraine. “What we see is a significant, large Russian military build-up, we see an unusual concentration of troops and we know Russia has been willing to use these types of ...

Bloomberg A reduction in China’s reserve requirement ratio looks increasingly unlikely after the authorities rolled over all policy loans coming due and data surprised on the upside, suggesting that bonds will have little room to gain. The People’s Bank of China (PBOC) injected 1 trillion yuan ($157 billion) through its medium-term lending facility on Monday, matching the record amount maturing ...