North Korean leader Kim Jong-un and Russia’s Vladimir Putin have appeared alongside Xi Jinping at a large military parade in Beijing on Wednesday, capping a week of diplomatic grandstanding by the Chinese president and his allies seen as a rebuke to the west. In unprecedented scenes, Xi shook the hands of both leaders and chatted with the pair as they walked down a red carpet towards Tiananmen Square and the parade to mark 80 years since the end of the second world war.
On the very day Prime Minister Modi walked alongside Vladimir Putin and Xi Jinping at the SCO Summit in Tianjin, U.S. President Donald Trump fired off a Truth Social post accusing India of a “one-sided” trade relationship, blaming tariffs, and warning that India’s oil deals with Russia “might be too late.” His trade adviser Peter Navarro went further, calling India the “Maharaja of tariffs” and commenting on PM Modi’s diplomacy with Russia and China. Meanwhile, Trump has already imposed 50% tariffs on Indian exports, half for “unfair trade” and half as a penalty for Russian oil purchases. Watch this report by Shivani Singh for details.
US President Joe Biden and Chinese President Xi Jinping have agreed to restore some military-to-military communications between their armed forces as the two leaders met for hours on the sidelines of the Asia-Pacific Economic Cooperation summit in San Francisco. The two leaders struck a series of agreements during high-stakes talks held to stabilize a turbulent relationship strained by economic competition and military and diplomatic missteps. Watch to know more!
Asked whether the Chinese president would attend the G20 summit in Delhi, Bagchi said India is making all efforts and preparations for its success with the participation of all invited leaders.
From the top global headlines; Veteran U.S. diplomat Henry Kissinger met with Chinese President Xi Jinping during a surprise visit to Beijing. And back at home, India's second-largest IT firm Infosys released its Q1 earnings. Amid the challenging demand environment, the company slashed its revenue guidance for the fiscal to a sharp 1-3.5% from 4-7%. And as we walk into the weekend, two of the biggest Hollywood movies have been released which will be the winner? Watch this edition of Newspresso with Moneycontrol's Stacy Pereira.
Several sources familiar with the plans told Reuters Xi could visit Moscow next week, an earlier-than-expected trip in response to a long-standing invitation from President Vladimir Putin.
Russian President Vladimir Putin will speak with Chinese President Xi Jinping via video link on Friday to discuss a host of bilateral and regional issues
A live video feed for the media from the welcome dinner hosted by Indonesian President Joko Widodo for G20 delegates showed the brief exchange between the two leaders.
Earlier, this week, Biden emphasised that he wanted to draw “red lines” in the working relationship with China, evaluate the critical interests of the US and “determine whether they conflict with one another. And if they do, how to resolve it and how to work it out.”
Xi, who is expected to secure a groundbreaking third term when the Communist Party congress concludes this week, made just three references to market reforms in his nearly two-hour speech and omitted more than a dozen others from a longer, written version.
Series of stance changes from the global central banks and RBI, along with sudued commentary on inflation creates a timely monetary policy space for growth. We expect financial market conditions would also ease out as the event risks gets mitigated. However as we go closer to deadlines 1st March (Trade truce) and (29th March) Brexit and end game plays out – volatility will remain elevated.
India today refused to elaborate on the "range of issues" discussed by Prime Minister Narendra Modi and Chinese President Xi Jinping during their informal conversation yesterday in Hamburg, in the backdrop of a standoff between their armies in the Sikkim sector
China's economy has had a good start to 2016 and continues to operate within a reasonable range, but still faces relatively large downward pressure, President Xi said on Friday according to state radio.
China's leaders have routinely sought to justify the country's military modernisation by linking defence spending to rapid GDP growth. But growth of 7.4 percent last year was the slowest in 24 years, and a further slowdown to around 7 percent is expected in 2015.