Politics13th Beijing Xiangshan Forum opens
The 13th Beijing Xiangshan Forum began on Sept. 16, 2026, with China’s Defense Minister Dong Jun speaking at the opening ceremony.
The 13th Beijing Xiangshan Forum began on Sept. 16, 2026, with China’s Defense Minister Dong Jun speaking at the opening ceremony.
Yabloko leader Nikolai Rybakov criticized Yulia Navalnaya and Maxim Kats’s recommendation to vote for any party except United Russia on party-list ballots and for the strongest anti-government candidate in single-mandate districts. Rybakov urged supporters to back Yabloko candidates instead and presented spoiled party-list ballots as the party’s “Plan B.”
Official figures showed British inflation accelerated to a five-month high of 3.1% in August. Measures that exclude sharply rising energy prices remained stable, ahead of expectations that the Bank of England will leave interest rates unchanged the next day.

UK inflation has risen to 3.1% as energy costs soar. The reading comes only hours before the Bank of England is due to update its monetary policy.
Kazakhstan’s Interior Ministry says Astana’s light rail is averaging about 70,000 passengers daily four months after opening. The 22.4-kilometer first-phase line, built with Chinese companies, has 18 stations and operates fully automatically without drivers.
Independent phone and laptop makers are redesigning products, checking incoming chips for counterfeits and passing on costs as a memory shortage they expect to continue through 2027 squeezes the lower end of the device market.
China-ASEAN economic ties are deepening, with Guangxi's imports from ASEAN reaching 62.84 billion yuan in the first seven months of 2026, up 19 percent year on year. Cooperation is also expanding across investment, infrastructure, people-to-people exchanges and supply chains. The upcoming China-ASEAN Expo will spotlight AI, innovation and ASEAN market needs.

Widespread damage has been reported at US military bases across the Middle East following Iranian strikes.

The US reportedly used dozens of interceptors after Iran launched a missile attack on US bases in Jordan, following an American strike on Iranian targets.
The second Silk Way Star International Music Competition premiered on September 6 and is airing across China Media Group’s multimedia platforms. Singers from 12 countries are competing in 10 rounds in Yiwu, Zhejiang, sharing music and stories rooted in their experiences and cultures.

Russian State Secretary and Deputy Defense Minister Anna Tsivilyova said at the Beijing Xiangshan Forum that Russia’s and China’s military medical services have developed close ties to exchange experience in treatment and rehabilitation.
Underdog is suing Connecticut in an effort to stop the state’s crackdown on sports prediction markets. The lawsuit follows cease-and-desist orders issued to platforms including Underdog, Polymarket and Coinbase.

This is the daily news brief for 16 September.

All support acts have withdrawn from Ed Sheeran’s US tour after rapper Macklemore was dropped for pro-Palestinian remarks made during a concert earlier this month.

More artists booked for Ed Sheeran’s North and South American tour have withdrawn in solidarity with rapper Macklemore, who was dropped after making pro-Palestinian remarks onstage. The departures include Irish acts Rowe and Lukas Graham, along with Billie Eilish’s brother Finneas.
OpenAI CEO Sam Altman said public fears about AI risks are justified, but people should have confidence that OpenAI and other companies will make the right choices. He said firms should slow down or stop if safety and alignment cannot stay ahead of capability growth. Nvidia chief Jensen Huang opposed new laws and regulations, rejecting a “false trade-off” between innovation and safety.


OpenAI chief Sam Altman says people are justified in fearing AI as its capabilities advance rapidly, but should trust companies such as his to develop it safely and regulate themselves. Bernie Sanders and Steve Bannon argue that AI decisions should instead face stronger government oversight.
A pro-Russian underground resistance source told TASS that Kyiv authorities can no longer control Ukrainian security agencies, citing a September 2 shootout between the SBU and GUR. The clash killed one GUR officer and wounded two others. Zelensky later ordered investigations and personnel measures involving the security services.
The Fishing For Litter programme aims to reduce waste in Greek seas. Since 2019, it has recovered more than 6,000 concrete blocks from the seabed.
The International Organization for Standardization said China made valuable contributions and provided leadership in revising standards for artificial intelligence, intelligent transport systems and cybersecurity. ISO 9001:2026, released on Wednesday, is the first major update to the quality-management benchmark in a decade.

China Water Environment Group, one of the country’s largest sewage-treatment companies, recently failed to repay an offshore loan, according to people familiar with the matter. It is the latest state-backed company to default.
Indonesia’s President Prabowo Subianto dismissed Finance Minister Purbaya Yudhi Sadewa after Sadewa clashed with a senior ministry official who had served with Prabowo on his former special forces team, according to three government sources.
The bodies of seven women have been found around Johannesburg’s international airport, including five in the past week, prompting fear, grief and anger over the lack of progress in tackling femicide. Police are investigating the deaths and say there is currently nothing indicating a serial killer, while President Cyril Ramaphosa has ordered authorities to prioritise the cases.

The US Justice Department has charged five people over alleged plots linked to Russian intelligence services, including surveillance, recruitment and planned killings. Prosecutors say the group targeted Russian dissidents in the US and Lithuania and that all five defendants remain at large.

European Commission president Ursula von der Leyen is due to address the European parliament on the EU’s place in an increasingly complicated world. Security, competitiveness, nationalism and populism, digital regulation, migration, and climate and energy are expected to feature. Canada’s prime minister, Mark Carney, will attend as Canada seeks closer EU ties.

Strasbourg is buzzing ahead of Ursula von der Leyen’s long-awaited State of the European Union speech, with the European Parliament preparing for the closely watched address.
European Commission President Ursula von der Leyen’s State of the Union address tackles migration, Ukraine, defence and Europe’s role in a rapidly changing world. Euronews is covering the speech from Brussels and Strasbourg with continuing analysis and interviews from its EU correspondents.
Ursula von der Leyen is delivering her State of the Union speech before the European Parliament in Strasbourg, with the event being followed live.

EU chief Ursula von der Leyen is due to deliver the annual State of the Union address before the European Parliament in Strasbourg on Wednesday as the bloc faces several crises, including migration, artificial intelligence, climate change and Russia’s war on Ukraine. FRANCE 24 will broadcast it live at 9am Paris time (GMT+2).
Russia’s MOEX and RTS indexes gained 0.29% at the opening of Wednesday’s main trading session, reaching 2,343.92 and 876.56 points. By 9:23 a.m. Moscow time, MOEX had slipped 0.02% and RTS was down 0.02%, while the yuan stood at 12.562 rubles.
AFP News AgencyFormer French culture minister Rachida Dati appeared in a Paris court Wednesday over allegations that she lobbied for Renault-Nissan while serving as a European Parliament member. The case focuses on a contract she signed with then Renault-Nissan chief Carlos Ghosn in October 2009. Dati denies the allegations.

Plastic waste from lobster fishing in the United States and Canada has drifted across the Atlantic and washed ashore on Portugal’s Faial and Pico islands, more than 3,000 kilometres away. The oldest item dates to 1983.
China’s Zhang Yiming has become Asia’s richest person for the first time, overtaking India’s Gautam Adani and marking a comeback for the TikTok developer.
Aggressive market expectations and the Fed’s strict reluctance to offer forward guidance have left Chair Warsh cornered. Failing to deliver a hawkish message could damage the central bank’s credibility in fighting inflation, while Bitcoin may still perform strongly.

Renewed fighting in Yemen has ended the ceasefire and sent thousands fleeing to the makeshift Al Kadha camp in Taiz. The UN says 125,000 people have been displaced over the past two weeks.
During a September 7-11 event hosted by China’s Foreign Ministry, 30 diplomats from 20 countries visited Shanghai and Jiangsu to examine China’s people-centered urban model. The report highlights the Gubei Civic Center, public participation in local legislation, Suzhou Industrial Park’s development and Nanjing’s data-focused AI initiatives.

Saudi Arabia says the Houthis targeted Mecca with a drone, while the Iran-backed group rejects the allegation. The Organization of Islamic Cooperation condemned the strike as a “heinous” attack. Mecca is Islam’s holiest site and the focal point of the annual Hajj pilgrimage.


The Saudi-led coalition said its air defenses intercepted and destroyed a Houthi-deployed drone just outside Mecca, calling the security of the holy sites a “red line.” The Houthis rejected the allegation as a “worn-out lie,” while the Organization of Islamic Cooperation condemned the reported attack.
Saudi air defenses destroyed a Houthi drone south of Mecca before it could enter prohibited airspace over the holy city, a spokesperson for the Saudi-led coalition fighting in Yemen said on Wednesday, as conflict spreads across the Middle East.

Saudi Arabia says its air defenses intercepted and destroyed a Houthi drone south of Mecca on Tuesday, while the Iran-aligned rebels denied launching the attack. Several explosions were also heard on Qeshm Island near the Strait of Hormuz.

Saudi Arabia’s air defences intercepted and destroyed a Houthi drone south of Mecca before it entered the holy city’s prohibited airspace, according to the Saudi-led coalition. Its spokesperson said the security of Islam’s two holiest sites and pilgrims was a “red line”. The Houthis denied targeting Mecca, while the Organisation of Islamic Cooperation condemned the attack.
The Organisation of Islamic Cooperation condemned what it called “heinous” Houthi attacks targeting the Mecca and Medina region.

Saudi Arabia says its air defences intercepted and destroyed a Houthi-launched drone before it entered Mecca’s restricted airspace. The coalition called the incident an attempt to frighten worshippers and harm civilians, declaring the security of the holy mosques and pilgrims a “red line”. The Houthis deny threatening Mecca or other Islamic holy sites.

The Saudi-led coalition says it intercepted a Houthi drone heading toward Mecca, Islam’s holiest city, and declared the country’s holy cities a “red line.”
Saudi air defences intercepted and destroyed a Houthi drone south of Mecca on Tuesday before it could enter prohibited airspace over the holy city, a spokesperson for the Saudi-led coalition fighting Yemen’s Iran-aligned Houthis said.
Stephen Colbert returned to late-night television on Jimmy Kimmel Live!, where he celebrated his Emmy win, shaved his beard and talked about life after The Late Show was cancelled.
OranjeBTC’s DIGY11 is now listed on Brazil’s B3, giving investors exposure to preferred shares issued by companies with substantial Bitcoin holdings without directly buying Bitcoin. The fund is not a spot Bitcoin ETF; its portfolio is led by Strategy’s STRC and includes Strive’s SATA, with a Brazilian real hedge. Returns and distributions are not guaranteed.

Ukraine’s General Staff says Russian forces have suffered about 1,511,530 casualties since the full-scale invasion began, including 1,530 over the past day. It also reported losses of tanks, armored vehicles, artillery, drones and other equipment. Ukraine has not disclosed its own losses, citing operational secrecy.

The EU has set 24 December 2026 as the deadline for every member state to launch a digital ID wallet. So far, only three countries have delivered, leaving 24 expected to miss the target.
Pro Ref chief Howard Webb said VAR officials wrongly allowed Erling Haaland’s goal against Manchester United after focusing too narrowly on Haaland’s offside position. They failed to assess teammate Enzo Fernandez’s influence from an offside position. Pro Ref acknowledged the mistake and stood down two VAR officials until after the international break.

The Kyiv IndependentFrom the 1990s through the 2000s, Germans traveled to Russia and other countries that had suffered under Nazi aggression to perform alternative civilian service. They worked in hospitals, disability facilities, care homes, and older people’s homes. For some, the work was a way to atone for their ancestors’ wartime guilt and pursue reconciliation.
With international arrivals expected to reach 100 million this year and concerns about overtourism continuing, Spain has put residents and sustainability at the centre of a nationwide tourism policy.
The United States plans to provide Israel with bombs through a $2.8 billion weapons sale. The same type of bomb drew concern during the Biden administration over the risk of causing large civilian casualties in densely populated Gaza.
Lidl is testing a driverless electric lorry on public roads in Hesse for the first time. The report examines what the technology can do and how other EU countries are leading the way.
A new GSMA report says 3.4 billion people remain offline despite living within mobile broadband coverage. Rising component costs are making smartphones even less affordable for the world’s poorest, putting their access to the AI revolution at risk.
Canadian Prime Minister Mark Carney is heading to Strasbourg on Wednesday, becoming the first foreign head of government to attend the European Commission president’s State of the Union address. He is seeking new partnerships as U.S. President Donald Trump repeatedly threatens Canada’s sovereignty.
Japanese Buddhist monks are turning to investing to keep their temples operating as inflation rises and the number of believers declines.
Saudi Arabia is offering additional crude from Oman after drone attacks damaged its East-West pipeline. Satellite imagery shows damage from a September 11 strike on the pipeline in Saudi Arabia.
The US has imposed visa restrictions on people it accuses of discriminating against South Africa’s white minority. Secretary of State Marco Rubio said Pretoria had not adequately addressed Washington’s concerns, while South Africa has repeatedly rejected allegations of persecution or arbitrary land confiscation.

Secretary of State Marco Rubio announced a new US policy restricting visas for South African officials alleged to be involved in “race-based discrimination” and “uncompensated land seizures.”
The United States announces visa restrictions targeting South African nationals over what it describes as “race-based discrimination.” Rubio says those responsible for the injustices have no place in the United States.
The head of the global partnership fighting AIDS, malaria and tuberculosis said cuts in international aid last year affected efforts to prevent the diseases more severely than services treating people who already have them.
A study from AI startup Emergence found that autonomous agents running on Claude, Gemini, Grok and other models independently created shorthand and new meanings for words. As much as half of their messages became incomprehensible to humans.
ByteDance, the parent company of TikTok, has found another hit in China with Hongguo, an AI-powered short-drama platform launched in 2023. A wave of AI-generated content and animated dramas made with video models including ByteDance’s Seedance helped it overtake some of the country’s biggest professional streaming services.

Desperation and frustration are mounting among families of 129 people still missing after a ship capsized in Indonesia’s Java Sea over the weekend. Persistent heavy seas and bad weather continue to hamper search-and-rescue efforts.
The outlook for extending the US-China trade truce is improving as both sides consider reducing tariffs on goods such as American energy and agricultural products before next week’s leaders’ summit.
Dolly Parton’s dazzling smile and large wavy hair are appearing on cornfields across the United States and in Canada this fall as the theme for corn mazes.

Corn mazes featuring Dolly Parton’s megawatt smile and big wavy hair are appearing in fields across the United States and Canada this fall.
New figures compiled by conflict monitor Acled show jihadist violence in Mali, Burkina Faso and Niger rising sharply. The number of incidents has already reached 2,145 this year and could exceed 3,000, as groups linked to al-Qaida and Islamic State expand offensives and territorial control across the Sahel.

Hong Kong retained its position as Asia’s leading financial centre for a fourth consecutive edition of the Global Financial Centres Index. It ranked third worldwide with a score of 756, one point behind London, as geopolitical pressures slightly weakened scores across many major centres.

A helicopter crashed Tuesday near the scene of a bus crash in Chatsworth, a Los Angeles neighborhood, killing three people. First responders worked at the site.


A NewsChopper4 helicopter operated by an NBC affiliate crashed and caught fire in Los Angeles’ Chatsworth neighborhood Tuesday evening while covering a deadly bus collision. At least three people died and one was injured. The cause remains unclear, and the NTSB and FAA are investigating.

An NBCLA NewsChopper4 helicopter crashed in Chatsworth, suburban Los Angeles, while covering a deadly bus collision. Two people aboard and one person on the ground died, while two others were taken to hospital. The crash fire spread to four vehicles and two storage containers; the NTSB will lead the investigation.

An NBC Los Angeles news helicopter crashed in Chatsworth while providing aerial coverage of a deadly collision involving a metro bus and another vehicle. At least three people, including someone on the ground, were killed and one person was hospitalized. The cause is under investigation.

A helicopter from NBC Los Angeles crashed while covering a fatal bus accident, killing three people. Los Angeles Mayor Karen Bass offered prayers to the victims’ families and loved ones. The bus crash involved an L.A. Metro bus and a passenger vehicle, killing two people and injuring others.

A news helicopter covering a deadly bus crash in Los Angeles’ Chatsworth neighborhood crashed on Tuesday, killing three people, including a pedestrian.
A helicopter crash in Los Angeles killed at least three people. It happened near the site of a separate deadly bus accident, but it was not immediately clear whether the two incidents were connected.
Officials say a news helicopter crashed Tuesday night in a commercial area of a Los Angeles suburb, killing at least three people.
At least three people were killed and another was injured when a helicopter crashed in Los Angeles, California. The helicopter reportedly belonged to a local media outlet, while the cause remains unknown. It came down near the site of a major traffic accident.
Three people were pronounced dead at the scene after a helicopter crashed in Los Angeles, the Los Angeles Fire Department said in a social media post on Tuesday.
A helicopter crashed in Los Angeles on Tuesday, killing at least one person near the site of a deadly bus crash, officials said.

A helicopter went down Tuesday evening in Los Angeles’ Chatsworth community, killing one person who appeared to have been on the ground, fire officials said.

A helicopter crashed in Chatsworth, a suburban neighborhood of Los Angeles, killing one person. The crash occurred near the site of an earlier fatal bus crash.
Foreign Ministry spokesperson Guo Jiakun said “China Services” is becoming a new calling card for China’s high-standard opening up. The 2026 CIFTIS in Beijing drew more than 1,830 offline and 5,300 online exhibitors, produced over 1,200 outcomes, and showcased technologies and solutions in fields including IT, fintech and digital healthcare.
A horse that escaped before a parade in Santa Fe, New Mexico, was pursued and cornered by police riding motorbikes. A cowboy carrying a lasso then restrained it. The unharmed horse was given water and led back to the parade’s starting point.

China opened the Pinglu Canal on Wednesday, creating a shorter route from its landlocked southwest to the coast and overseas markets, especially ASEAN, its largest trading partner. The 134.2-kilometer canal cost 72.7 billion yuan and links Nanning with the Beibu Gulf.

China’s Pinglu Canal in Guangxi is scheduled to open to navigation on September 16. The project will link inland waterways with the Beibu Gulf and expand the country’s inland shipping network. Construction began in August 2022, major works were completed in May 2026, and project acceptance finished in August.

China’s 134.2-kilometer Pinglu Canal officially opened to navigation on Wednesday, linking the Xijiang River shipping network with the Beibu Gulf. Built at a cost of 72.7 billion yuan, it can handle vessels of up to 5,000 tonnes and is expected to cut the route from southwest China to the sea by about 560 kilometers. Mangrove restoration, a fish passage and a wildlife overpass were incorporated into the project.

China’s Pinglu Canal in Guangxi officially opened to commercial navigation on Wednesday. The 134.2-kilometer waterway links the Xijiang River corridor with the Beibu Gulf, shortening shipping routes from southwestern China to the sea by more than 560 kilometers and creating a more direct gateway to ASEAN. Fish passages and a wildlife bridge were built along the canal, while more than 98% of excavated material was reused.
Hong Kong leader John Lee unveiled the city’s first five-year plan on Wednesday, aiming to strengthen its standing as a global financial hub. The social and economic roadmap sets out strategic priorities, including closer technology ties with mainland China.

Hong Kong leader John Lee unveiled the city’s first five-year plan on Wednesday. It aims to improve residents’ livelihoods, reinforce Hong Kong’s role as a global financial hub and strengthen technology links with mainland China.

Hong Kong unveiled its first five-year plan for 2026-2030. Chief Executive John Lee said the blueprint aims to move the city from stability toward prosperity, improve social well-being and strengthen its roles as international financial, maritime, trade and innovation centers, while building a hub for high-caliber talent.
Hong Kong’s leader is set to unveil the territory’s first five-year plan in a live event.
Nearly 2.4 million ZEC took part in the vote. Some 99.9% supported 25-second blocks, while 98.9% backed keeping the network’s existing halving schedule.

Rising Treasury yields, geopolitical risks and new concerns about AI safety are pressuring markets. Even so, many investors remain bullish on AI spending and corporate earnings.

South Korea’s SK Hynix is discussing a potential agreement with Intel to manufacture memory chips in the United States for the first time, according to three people familiar with the talks.
The US House has voted for a third time to end American involvement in the war with Iran.

The US House voted 220-204 to approve a war powers resolution for the third time, seeking to halt President Donald Trump’s ability to continue military action against Iran without congressional approval. Seven Republicans supported it, but none of the resolutions has reached the president, who would almost certainly veto it.
Reuters, citing analytics firm Kpler, reported that just two ships entered and two exited the Strait of Hormuz on Tuesday, the lowest level recorded. Analysts said none were oil supertankers or liquefied natural gas carriers. Before the conflict, roughly 125 large commercial vessels crossed the strait daily.
As the conflict continues, the U.S. House has voted for a third time to end the war in Iran. It approved a war powers resolution late Tuesday aimed at stopping President Donald Trump from continuing military action without congressional approval.
The US House voted 220-204 for a resolution urging President Donald Trump to end military operations against Iran. The nonbinding measure is only a recommendation. The report says the US and Israel began the war on February 28, while Washington resumed massive strikes on July 8, accusing Tehran of violating agreements concerning the Strait of Hormuz.
The House approved a measure requiring President Donald Trump to end his war with Iran. The vote delivered a potent political rebuke of the administration’s handling of the conflict just weeks before the midterm elections.

Drone experts warn that Iran is deliberately targeting U.S. naval drones in the Strait of Hormuz to study American surveillance capabilities and learn how to evade U.S. defenses. The warning followed an attempted IRGC seizure of a U.S. unmanned surface vessel, after which the U.S. military destroyed two Iranian small boats. Experts say even brief access to captured hardware could reveal sensors, tactics and battlefield vulnerabilities.

A Congressional Budget Office report says the six-month US war on Iran has cost $38bn and could add $3bn monthly. It projects a 0.5-percentage-point inflation increase in early 2027 and says replenishing depleted US munitions stockpiles could take up to five years.

The Congressional Budget Office says the Iran war has cost the US at least $38bn and heavily depleted its Patriot, Thaad and Navy interceptor stockpiles, which could take at least five years to rebuild. The report estimates costs would rise by $3bn each additional month and inflation would remain higher.
US Vice President J.D. Vance said the conflict with Iran would enter a completely different phase within two months. He said Washington had completed the first stage, which he described as destroying Iran’s nuclear program and conventional military. Donald Trump has said the conflict could end after the November midterms, while allowing for an earlier settlement.
The Congressional Budget Office says the conflict with Iran has already cost US citizens $38 billion in its first five months, with monthly costs of $2-3 billion. It also confirmed that the war has depleted US weapons stocks, including critical interceptors used by air-defense systems.

A nonpartisan Congressional Budget Office assessment says the US war with Iran had cost at least $38 billion by the end of July and is expected to drive inflation higher still.

The Congressional Budget Office estimates that the war with Iran has caused more than one-third of this year’s increase in inflation and will push prices higher again in the first quarter of next year, according to a report released Tuesday.

The Congressional Budget Office says the war in Iran has cost the Pentagon $38 billion and depleted its missile stockpiles.
The six-month U.S. war against Iran has cost $38 billion so far, with spending projected to increase by $3 billion each month, according to the Congressional Budget Office. The Trump administration is seeking to end the conflict and reopen the vital Strait of Hormuz.
As impoundment continued, the reservoir’s water level rose to 160 meters on Tuesday.
Chinese Defence Minister Dong Jun called on countries Wednesday to refrain from provocative acts and prevent regressive historical trends from returning. His remarks are likely to be interpreted as an indirect criticism of Japan.

Chinese Defence Minister Dong Jun urged countries to stop provocative acts and guard against what he called the resurgence of hegemony, militarism and historical revisionism at the Beijing Xiangshan Forum. He promoted more inclusive security governance and military cooperation without directly criticising the US, Japan or other rivals.

Chinese Defense Minister Dong Jun called for consensus and concrete action on global security governance at the 13th Beijing Xiangshan Forum. He urged multilateralism, dialogue, shared development and practical cooperation, saying the Chinese military is ready to work with other militaries on security coordination, disaster relief and humanitarian assistance.
Chinese Defence Minister Dong Jun called on countries on Wednesday to stop provocative actions and prevent a resurgence of regressive historical trends, remarks likely to be seen as veiled criticism of Japan.
Defense Minister Dong Jun said at the opening of the Beijing Xiangshan Forum that China supports creating a more effective, balanced and stable regional security architecture. He said it should address all countries’ legitimate security concerns and take developing countries’ interests into account.

Chinese Vice President Han Zheng spoke at the welcome banquet of the 13th Beijing Xiangshan Forum, attended by representatives from nearly 100 countries, regions and international organizations. He called for adherence to the UN Charter, genuine multilateralism and dialogue to resolve disputes, while urging deeper security cooperation to support global peace and stability.

Chinese Defense Minister Dong Jun said the Chinese military is ready to deepen practical cooperation with all parties, jointly address global security challenges and safeguard world and regional peace. He spoke during meetings with foreign defense officials and the ASEAN secretary-general attending the 13th Beijing Xiangshan Forum, which has participants from nearly 100 countries, regions and international organizations.
The artificial intelligence boom is creating a new group of billionaires while enriching companies that sell the tools and infrastructure supporting the industry.
U.S. journalist Jason Smith rejected the Western “China Squeeze” narrative, which says China’s manufacturing growth is limiting industrialization opportunities for the Global South. Drawing on trade-fair observations, he said developing-country exhibitors come to China to make real deals, while China’s zero-tariff treatment for most African countries opens its huge market and helps partners expand exports and add value.
Airbus has delivered the first aircraft assembled at its new Final Assembly Line in Tianjin to China Eastern Airlines. The A320neo came from Airbus’ second such line in China and Asia, which will expand capacity and help meet demand from China and beyond.

The Federal Reserve is widely expected to raise borrowing costs for the first time in three years, despite Donald Trump’s calls for a cut. Persistent inflation is testing Chair Kevin Warsh’s commitment to price stability.
The Federal Reserve is expected to raise interest rates on Wednesday for the first time since 2023. Policymakers have grown less confident that inflation will cool enough without at least some push from the central bank.
China’s central bank governor, Pan Gongsheng, said slower loan growth is becoming the new normal as contraction in the property and local-government sectors weakens credit demand faster than emerging industries can make up the shortfall.
The rapid development of artificial intelligence has sparked a global debate over how the technology should be regulated. The United States and China are advancing competing visions for AI and cooperation on global security.

A Seoul court ordered North Korea to pay South Korea about 44.6 billion won, or $32.5m, for destroying the Inter-Korean Liaison Office in Kaesong in 2020. It is the first time the South Korean government has directly sought damages from the North Korean state, though experts doubt Pyongyang will pay.

A Seoul court ordered North Korea to pay 44.6 billion won ($32.5 million) over its 2020 demolition of an inter-Korean liaison office, South Korean media reported. It was the first ruling in a lawsuit brought by South Korea against Pyongyang.
The Minutes Reader extension turns the original page into a focused reading view and translates articles and video subtitles on demand. It is in limited beta.