China's trade surplus surpasses $1 trillion for a 2nd straight year, as exports surge 35%

Russian and Ukrainian officials met on Tuesday for their first US-brokered talks since February, after President Donald Trump suggested last week that a broad deal was possible on ending the war in Ukraine and guaranteeing security in Europe. Russian state news agency RIA reported the start of what is scheduled to be two days of talks, in which Trump’s envoys Steve Witkoff and Jared Kushner are to mediate between the two ‌warring sides. Since Russia’s full-scale invasion of Ukraine began in...

US and rest of world must follow China’s lead on green energy, says John Kerry The Guardian

Hong Kong’s de facto central bank plans to introduce legislative amendments in the first quarter of next year to lower the capital costs for banks lending to local tertiary institutions, in a bid to speed up development of the university towns in the Northern Metropolis. Under the proposed changes to the Banking (Capital) Rules, the Hong Kong Monetary Authority (HKMA) will designate 11 post-secondary institutions and three park companies as “Domestic Public Sector Entities”, granting them...

China’s ‘Living Badly, But Not Dying’ Carmakers Spread Global Pain Bloomberg.com