Beijing’s abrupt shift from expressing regret to threatening retaliation over the US’s spy-balloon claims reflects the domestic imperative for Xi Jinping to show he’s standing up for China against external pressure, further narrowing the window to reset ties before the US election season gets into full swing.
Get ready for the new week
Ukraine’s government expects Russia’s new offensive to start this month, defense minister Oleksii Reznikov said at a press briefing in Kyiv. The one-year mark of Moscow’s invasion of its neighbor will be Feb. 24. Separately, Reznikov addressed reports he may soon be replaced.
Hong Kong Chief Executive John Lee is seeking to convince oil giant Saudi Aramco and its units to consider a secondary listing in the Asian financial hub as he embarks on his first official visit to the Middle East, according to the South China Morning Post.
A German labor union called on Deutsche Post AG employees to strike on Monday and Tuesday ahead of wage talks in which the workers are seeking a 15% pay rise.
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