Obama's Asia tour aims to bolster ties with region
Washington
US president Barack Obama will fly to Asia after midnight on Sunday for an eight-day tour of China, Myanmar and Australia, a trip that will focus on Washington's often tense relations with China.
The China stop will be dominated by Mr Obama's meeting with Chinese President Xi Jinping in Beijing, where the White House said that it expects "candid and in-depth conversations". The relationship between the two superpowers, which US Secretary of State John Kerry has called the "most consequential" in the world today, has been marred by tension over the South China Sea, cyberspying and human rights issues.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
International
Beijing city to subsidise domestic AI chips, targets self-reliance by 2027
China passes tariff law as tensions with trading partners simmer
Blinken meets Chinese counterpart Wang Yi in Beijing
South Korea’s public finances no longer a credit rating ‘strength’: Fitch
UK consumer confidence improves as inflation and taxes fall
Inflation in Japan’s capital falls below BOJ target, slows for second month