In This Edition

Key Takeaways

Amid violent street protests, Peru's new president seeks to hold early elections. Trade tensions escalate as the US adds more restrictions on chip exports to China, and Beijing lodges complaint at the WTO. As China begins dismantling its tough "zero-COVID" controls, the WHO is warning of "very tough" times ahead. Analysis: The Sino-Saudi Visit and Implications for Great Power Competition.

Condition Updates

A rundown of important global risk developments in markets, in business, and region by region.

Analysis: The Sino-Saudi Visit and Implications for Great Power Competition

Chinese President Xi Jinping visited Saudi Arabia last week for meetings to bolster the bilateral relationship and Beijing ’s broader profile in the Arab Gulf. The trip, Xi’s first to Riyadh in six years, comprised a bilateral Saudi-Chinese summit and a multilateral gathering of Arab countries (a first), and was largely perceived by the West as a slight aimed at President Biden amid the deterioration of US-Saudi ties.

Download the article