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Xi resumes in-person summits despite Covid spike

Bloomberg A maskless President Xi Jinping met Cuban counterpart Miguel Diaz-Canel in Beijing, resuming his flurry of in-person summits even as a record Covid surge fanned lockdown fears in the Chinese capital. Xi expressed a willingness to “deepen trust” between the two nations during the talks, according to a video clip posted by state broadcaster China Central Television on Friday. ...

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China vote-buying suspicions spur Taiwan to carry out raids

  Bloomberg Authorities in Taiwan carried out raids and questioned a group of people on suspicion they were buying votes on behalf of China in Saturday’s island-wide election. Law-enforcement officers searched four locations and detained three people using warrants issued under the Anti-Infiltration Act, which was passed in late 2019 and bars “foreign hostile forces” from interfering in elections, Taiwan’s ...

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UK faces $19.42 billion bill for three months of energy subsidy

  Bloomberg Energy regulator Ofgem will raise its price cap for the average UK home by 21% to £4,279 ($5,173) from January, underscoring the growing gap the government has to plug to maintain its price freeze. The UK has been subsidising Ofgem’s price cap since October in an attempt to shield households from the worst energy crisis in decades. That ...

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