Stay updated with breaking news from Xi an ultra. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
US President Joe Biden and Chinese President Xi Jinping held a phone call discussing various issues like Taiwan, artificial intelligence, and security matters, aiming to restore regular dialogue between the two nations' leaders. The call follows their November summit, focusing on strengthening ties and cooperation.
Chinese President Xi Jinping stressed economic globalization may encounter headwinds, but the historical trend will not change, during his Wednesday meeting with visiting Prime Minister of the Netherlands Mark Rutte, and reiterated China's commitment to mutual benefits and win-win approach.
Asian equities were mixed overnight, as Japan, Taiwan, and India posted small gains while Hong Kong, Mainland China, and South Korea were off. There were several positives from a big-picture perspective, while single stock developments disappointed.