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Xi gets invitation to G-20 summit, but his response is unclear

Bloomberg Indonesian President Joko Widodo invited China’s Xi Jinping to attend the Group of 20 summit in November, as the two leaders held a rare meeting in Beijing amid strict Covid controls. Xi thanked the G-20 host for his invitation and wished him success, according to a statement from China’s Ministry of Foreign Affairs. But it was unclear whether he ...

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Myanmar says it has enough funds to avert Sri Lanka-like crisis

Bloomberg Myanmar has sufficient foreign reserves to avoid an economic crisis similar to Sri Lanka’s, the military government said, pushing back on suggestions by some analysts that the Southeast Asian nation faces a growing possibility of default. Major General Zaw Min Tun, a spokesman for the State Administration Council, said at a press conference on Tuesday that Myanmar has a ...

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Sri Lanka’s ex-president likely to return after fleeing mass protests

  Bloomberg Former Sri Lankan President Gotabaya Rajapaksa is expected to return home from Singapore where he has been staying for nearly two weeks after fleeing violent protests in the South Asian country where citizens called for his ouster. Rajapaksa has been the focus of protesters who blame him for a series of missteps that led to an economic meltdown ...

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