The renminbi has reached its strongest level in more than two years and shows no signs of stopping, signaling Chinese dominance in manufacturing and giving Biden breathing room.
China is vague about why vessels that carried Australian coal to its ports can’t unload their cargo. “We’re all depressed; our mental health is deteriorating,” one sailor said.
The prime minister dissolved the lower house of Parliament, throwing into doubt the political fortunes of the Himalayan country, which has long swung between Beijing and New Delhi.
China’s Communist Party is pushing the narrative that the pandemic has proved the superiority of its authoritarian model. The muscular message is finding fans at home.
The World Health Organization said there has been a decline in newly reported Covid-19 cases but urged people to refrain from travel during the holiday season warning that recent gains could easily be lost.