The city is easing travel restrictions that were accelerating emigration: an acceptance that contradictory policies have ended in failure with infections rampant. If moving out of step with mainland China delays reopening of that critical border, people might keep leaving anyway.
Riyadh’s $2.3 trln oil giant is looking to hike output. If the kingdom starts to price some crude sales in yuan instead of dollars, higher Chinese exports could increase its stocks of renminbi. That could focus Saudi minds on whether to hitch its future to Beijing or Washington.
The SoftBank-backed superapp is eyeing a $29 bln valuation in a Jakarta listing. Given rival Grab’s disastrous New York debut and Sea’s share price plunge, the timing may bruise its new backers. But waiting much longer risks eroding GoTo’s strong market position.
The country is a major exporter of potash and urea, nutrients underpinning food security. The fallout from Moscow’s Ukraine war exacerbates a price and supply crisis. Top importers India and Brazil will be hit hard; smaller, economically weaker buyers will be even worse off.
The tiny hub’s surprise sanctioning of Russia is a loud blow to Moscow’s decade-long pivot to Asia. Even in larger countries like India that aren’t ready to choose sides, the rising influence of U.S.-led alliances pare Putin s scope to do big business in the region beyond China.