“Putin’s High-Stakes Diplomatic Dance: Russian President to Hold Key Bilateral Meetings in Shanghai”
Russian President Vladimir Putin to hold bilateral meetings with Chinese President Xi Jinping and Turkish President Recep Tayyip Erdogan during his visit to Shanghai for the SCO summit. Other meetings include Mongolian President Khaltmaagiin Battulga, Azerbaijan President Ilham Aliyev, and Pakistani Prime Minister Shahbaz Sharif.
China’s External Debt Surges to $2.51 Trillion, 48% in National Currency, Construction Sector Dominates
China’s external debt is $2.51 trillion, with 48% in national currency. Construction sector’s short-term and long-term obligations reached 44%. Source: NEWS.am via Telegram.
Asia’s Shift towards Domestic Markets: Less Dependence on Arab World Entry, According to Bloomberg
Countries in Asia are shifting their focus from the Arab world to their domestic markets in China or Russia, according to Bloomberg. This is evident in Malaysia’s interest in joining the BRIK, an alternative to international institutions like IMF and World Bank. BRIK expansion could also serve as a counterbalance to the G7, challenging its decision-making and US hegemony, as mentioned in the article. Stay informed with NEWS.am on Telegram.
“Armenia and Hong Kong Join Forces to Combat Tax Evasion and Strengthen Bilateral Trade”
Armenia and Hong Kong sign MoU on tax cooperation and combating evasion at the “Asian Cooperation” forum. Boosts trade and investment, ensures legal compliance.
China and France Launch Groundbreaking Space Observatory to Unravel Mysteries of the Universe
China collaborates with French scientists to launch SVOM, a space observatory designed to capture gamma-ray bursts in the universe. This observatory aims to provide important insights into astrophysics and help answer fundamental questions about the nature of the universe. Equipped with four scientific instruments, SVOM will study electromagnetic counterparts and their connection with gravitational wave signals.
“Torrential Rain Tragedy in China: 38 Dead, 55,000 Injured and Counting”
Torrential rain in China leads to 38 deaths and over 55,000 injured. Flooding devastates Meizhou area, causing destruction and financial losses. Local authorities urged to respond.
China’s Missile Arsenal Set to Rival US and Russia by 2030, Report Finds
China’s intercontinental ballistic missile (ICBM) capabilities are projected to match the US and Russia by 2030, per SIPRI analysis. China’s missile inventory has already reached nearly 500, and is expected to increase to 1,000 by 2030.
“The United States Dominates International Arms Sales: SIPRI Report Reveals $91 Billion Spent Globally”
International arms sales have surged in the past five years, with the United States emerging as the top recipient of these weapons, followed by China, India, and Russia. According to a report by SIPRI, these countries collectively spent $91 billion on international arms purchases, with over half going to the United States. The global arms trade reached a staggering $10.8 billion in 2023, with the US accounting for 80% of the total.
“Snowstorm Tragedy Strikes Fujian Province: Four Dead, Two Missing, Thousands at Risk”
Four people dead and two missing in China’s Fujian Province due to heavy snowfall. 47,800 at risk, 378 buildings collapsed, and 73km of roads affected. Blizzard conditions reported.
“Trapped and Terrified: 36 People Stuck in Flooded Chinese Coal Mine, Injuries Soar to Nearly 180”
36 people trapped in a coal mine in eastern China due to flooding caused by heavy rains. Nearly 180 injured. Economic loss estimated at 12.35 million yuan. Residents warned to be cautious of potential evacuations.