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China’s stock market valuations settle into a reasonable range
David Goldman writes that Western investors expecting a major stimulus from China were disappointed when the National Development and Reform Commission emphasized long-term strategic economic goals rather than immediate solutions.
The Middle East war that wasn’t
David Goldman argues that tensions persist while major powers globally agree on avoiding a broader Middle East war. Israel is likely to target Iran’s missile production facilities rather than oil or nuclear sites, while China voices newfound recognition of Israel’s security concerns.
Examining SPD Gen-Sec Miersch’s peace-oriented Ukraine position
Diego Faßnacht reports that following the political upheaval in East Germany, Matthias Miersch, a peace-oriented SPD politician, has taken over the role of General Secretary, signaling a shift within the party toward diplomacy in the Ukraine conflict.
Fighting a losing battle, Kiev considers its options
James Davis reports that Russian forces have continued their successful offensive across multiple sectors of the Ukrainian frontlines as President Zelensky continues efforts to secure more Western aid and long-range missiles, thus far without success.
South Korea steps up cooperation with the Philippines
Scott Foster reports that South Korea and the Philippines have elevated their relationship to a “strategic partnership,” with the Philippines’ pivoting away from China under President Duterte, aligning with both South Korea and Japan under President Ferdinand Marcos Jr.