Global Economy News
LAST UPDATE: August 26, 2025
China, Russia should safeguard security, development interests, says Xi
Xi Jinping urged China and Russia to jointly defend their security and development interests to create a more equitable global order.
Insight
This reflects Beijing and Moscow’s deepening alignment amid Western rivalry.
Powerful optics’: China’s Xi to welcome Putin, Modi in grand show of solidarity
Xi Jinping will host Vladimir Putin and Narendra Modi, showcasing solidarity among emerging powers.
Insight
The summit is symbolic but underscores China’s role in leading Global South coordination.
Merz and Carney Pledge Deeper Collaboration on Critical Minerals
Germany and Canada pledged stronger cooperation on critical minerals vital for energy and defense industries.
Insight
This partnership strengthens resource security and diversifies supply chains away from China.
