Beijing

Chinese Premier Li Qiang slammed efforts in the West to "de-risk" their economies as a "false proposition" yesterday, hitting back against U.S. and EU policy aimed at reducing their reliance on China.

The United States and the European Union have in recent months moved to "de-risk" from the world's second-largest economy.

Temperatures in Beijing increased above 40 degrees Celsius on Thursday for the first time since 2014, breaking the record for the hottest day in June and the Chinese capital warned of extremely hot weather over the weekend, Reuters reported.

Foreign companies are shifting investments and their Asian headquarters out of China as confidence plunges following the expansion of an anti-spying law and other challenges, a business group said Wednesday.

US President Joe Biden called Chinese leader Xi Jinping a "dictator".

This happened during a reception in California with the participation of donors of the Democratic Party and in the presence of journalists.

The United States and China may be back to talking at a high level, but their battle for global power and influence remains unchecked and mutual suspicion still runs deep.

U.S. Secretary of State Antony Blinken set low goals for his visit to Beijing this week, and he met them. About the most the rivals can hope for these days is to stop things getting much worse.

Nationalist Movement Party (MHP) leader Devlet Bahçeli has expressed his support for Türkiye's new economic administration and emphasized the necessity of raising interest rates.

Bahçeli's remarks came ahead of the highly anticipated interest rate decision by the Central Bank, which is expected to be announced in the coming days.

Chinese President Xi Jinping said China and the United States have made progress on a number of issues during meetings with US Secretary of State Antony Blinken in Beijing, AFP reports.

U.S. Secretary of State Antony Blinken began a second and final day of critical meetings with senior Chinese officials Monday, as the two sides expressed willingness to talk but showed little inclination to bend on hardened positions that have sent tensions soaring.

U.S. Secretary of State Antony Blinken on Sunday kicked off two days of high-stakes diplomatic talks in Beijing aimed at trying to cool exploding U.S.-China tensions that have set many around the world on edge.

In Washington they paused; in Frankfurt they hiked; and in Beijing, they cut.

Central bankers in three of the world's key economic regions have unveiled divergent monetary policies this week as they each contend with their own challenges.