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Is China About to Plunge the World Into Recession?

On Aug. 18, China’s stock market plummeted by a vertigo-inducing 6.2 percent in one day of trading, part of a months-long decline that’s erased over $3 trillion worth of market value from the country’s equity markets. That followed last week’s surprise decision to allow the value of the renminbi (RMB), China’s currency, to fall several percentage points against the U.S.
United States United Kingdom George Chen Daniel Rosen Stephen Roach Wen Jiabao

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China Says It Is 'Not a Party' to Ukraine Crisis - New Delhi Times - India Only International Newspaper

China says it does not want to get caught up in the diplomatic and economic blowback Russia is facing from Western nations over its invasion of Ukraine. State media said Chinese Foreign Minister Wang Yi expressed his government’s wishes during a lengthy phone conversation Monday with Spanish Foreign Minister Jose Manuel Albares. According to a…
United States Yang Jiechi Stephen Roach Robert Ross Jose Manuel Albares Wang Yi

Ukraine, Russia Report No Progress in Peace Talks

Ukrainian officials say Russian troops fired artillery on suburbs of the capital, Kyiv, Monday, as Russian and Ukrainian delegations held a fourth round of talks without signs of a breakthrough. The talks, which are taking place by video link rather than in neighboring Belarus as in the past,...
Kyyivs Ka Oblast United States White House District Of Columbia Luhans Ka Oblast Benjamin Hall

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