Germany would be forced to cut ties with China in the way it has with Russia should China attack Taiwan, the leader of Chancellor Olaf Scholz's Social Democrats (SPD) told the weekly Die Zeit in comments published on Wednesday.
On the afternoon of December 9, the first China-Gulf Cooperation Council (GCC) Summit was held at the King Abdulaziz International Conference Center in Riyadh. Chinese President Xi Jinping attended the Summit along with the leaders of the GCC.
Emerging market stayed at 2-1/2-year lows on Tuesday as Asian shares continued to struggle over policy worries under Xi Jinping's third presidential term, while Hungary's forint looked to a central bank policy decision due later in the day.
The Hang Seng Tech index was up 3% in the afternoon, but after falling nearly 10% on Monday and being down almost 50% this year it was cold comfort for investors. "A short-term technical rebound is the main factor for today's rise," said Kenny Ng, a strategist at China Everbright Securities in Hong Kong.
China stocks traded sideways on Tuesday, with state firms seen taking measures to stabilise markets amid the ruling Communist Party's ongoing congress, while delays of key economic data added to uncertainty in the market. Hong Kong shares, meanwhile, rose for a third consecutive session, tracking global markets up as the dramatic U-turn in British fiscal policy brightened investor sentiment.