China’s Spending on Green Energy Is Causing a Global Glut

Listen to article (1 minute) China’s newest solar-energy manufacturers include a dairy farmer and a toy maker. The new entrants are examples of a green-energy spending binge in China that is fueling the country’s rapid build-out of renewable energy while also creating a glut of solar components that is rippling through the industry and stymying … Read more

China’s Middle East Clout Has Limits

For most of the past decade, China’s story in the Middle East has been straightforward: endlessly rising investment, trade and influence. Having brokered a return to diplomatic relations between Saudi Arabia and Iran earlier this year and given its strong economic relationship with Israel, China has also found itself in the spotlight as the conflict … Read more

What It Took to Get Biden and Xi to the Table

Listen to article (2 minutes) With only weeks to go to prepare for a possible summit with President Biden, Chinese officials floated a plan: If Xi Jinping agrees to meet, he first wants to sit down for a banquet with American business leaders. The White House said no. With a lengthy agenda of friction points … Read more

Iran’s President Joins Saudi Summit, Criticizes U.S. Support for Israel

Updated Nov. 11, 2023 11:40 am ET DUBAI—Iran’s president joined dozens of Arab and Muslim leaders at a summit in Saudi Arabia on Saturday—the first such visit to the kingdom in more than 15 years—as the Islamic world sought to project unified opposition to Israel’s military operations in Gaza. The meeting in Riyadh of the … Read more

India, China Fight for Influence Over Tiny Archipelago Nation

Updated Nov. 11, 2023 12:12 am ET Listen to article (2 minutes) NEW DELHI—The fierce rivalry between India and China for influence in the Indian Ocean is on display in the tiny archipelago nation of Maldives, better known for its white sand beaches and crystal clear waters than as a strategic military outpost. The Maldives … Read more

As Chinese Tastes Change, Farmers Everywhere Rip Up and Replant

By Jon Emont and Trang Bui Updated Nov. 11, 2023 12:12 am ET Listen to article (2 minutes) EA YONG, Vietnam—In the verdant highlands of central Vietnam, warehouses the size of airplane hangars dominate small farming towns, bristling with mounds of tropical fruit. The bounty is destined for a colossal market: China.   Farmers are felling coffee trees … Read more

Push to Free Israeli Hostages in Gaza Hindered by Mistrust, Anger, Confusion

Updated Nov. 11, 2023 12:48 am ET In the days after Hamas militants stormed into Israel, killing at least 1,200 people and kidnapping scores of others, Egyptian officials spent hours on the phone with the Islamist group’s leaders pressing a seemingly simple question: How many Israeli hostages did they hold? Hamas didn’t have an answer. … Read more

Hack at ICBC Targeted the Digital Underbelly of Financial Markets

Unit of Industrial and Commercial Bank of China remains unplugged for U.S. markets.

China’s Consumer Prices Fell in October

China’s consumer prices fell in October, signaling weakness in domestic demand, according to official data. The consumer-price index fell 0.2% in October from a year earlier after staying flat in September, the National Bureau of Statistics said Thursday. A Wall Street Journal poll of economists had tipped a 0.1% decrease. Copyright ©2023 Dow Jones & … Read more

U.K. Hits Russian Gold, Oil Sectors With New Sanctions Package

The U.K. government has sanctioned 29 entities and individuals operating in and supporting Russia’s gold and oil sectors, in an effort to cut off revenue streams funding its war in Ukraine. Entities sanctioned Wednesday include Nord Gold and Highland Gold Mining, two of the largest producers of Russian gold, and Paloma Precious DMCC, a United … Read more