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Russia’s military operation in Ukraine has sent shockwaves across the globe.
Cover Story: The Beginning of the End of the Post-Cold War World Order
Russia’s attack on Ukraine grows out of growing unease over NATO’s eastward expansion in the decades since the collapse of the Soviet Union

Gallery: More Western Arms Head to Ukraine
Western countries have pledged to deliver more weapons to Ukraine to help the war-torn country defend its territory from Russia. Kyiv’s ambassador to France said Ukraine’s allies have committed to sending more than 300 tanks to aid in the fight, with more than 30 countries having provided military assistance since the war began. Among them, the U.S. and the U.K. are the top suppliers, contributing more than $30 billion worth of military aid since February 2022. Countries such as Germany and France also announced plans to deliver armored vehicles and carriers, including Leopard tanks and Caesar howitzers in the first quarter

Editorial: The Urgent Need for Global Cooperation
In an increasingly divided world where countries are moving away from global supply chains, there’s a pressing need to continue strengthening international cooperation to address challenges such as recession risks and climate change

Cover Story: The Vision of Singapore’s Next Prime Minister
Lawrence Wong sees himself as a ‘servant leader,’ he says. ‘My role is not just to lead, but to serve my country and my fellow citizens’

In Depth: What’s in Store for Yuan Internationalization in 2023?
A program to encourage yuan-denominated share issuance in Hong Kong and the launch of a Swap Connect scheme for offshore institutional investors should help boost the currency’s popularity

China Central SOEs’ Profit Growth Outpaces GDP
Total profits of the 98 companies directly under State Council control rose 5% last year, exceeding the country’s 3% economic expansion, a feat their administrator hopes to repeat this year

China Posts Record Fossil Fuel Output as Security Trumps Climate
The country mined nearly 4.5 billion tons of coal last year, an increase of 9% on 2021, while gas production rose 6.4% to 218 billion cubic meters, official data show

China Runs Record Trade Deficit With Russia as Energy Costs Jump
The world’s second-largest economy purchased $114.1 billion worth of goods from Russia in 2022, up 44% from a year earlier

Russia’s Central Bank to Resume Yuan Trading
The Chinese currency has gained popularity among Russian companies as they trim dependence on the U.S. dollar amid Western sanctions due to the Ukraine war

Samsung Maintains Pace of Chip Investment Despite Plunging Profit
The South Korean tech giant is racing to build capacity, while peers Micron and SK Hynix slow down

CX Daily: China’s Road to Economic Recovery Faces Post-Covid Speed Bumps
Beijing appoints former Foreign Minister Wang Yi as head of the Communist Party’s foreign policy body

Editorial: Face Up to the Changed World
A more sober mind is needed for a greater initiative

Cover Story: China’s Road to Economic Recovery Faces Post-Covid Speed Bumps
Policymakers are now squarely focused on reviving the economy. But some analysts warned against ‘excessive optimism’ about when pre-pandemic growth rates will return

Year in Review: China Recalibrates Diplomacy After Leadership Reshuffle
A new lineup of diplomatic team in the Chinese Communist Party’s Central Committee, who specialized in dealing with Europe and Asia instead of the U.S., indicates a potential shift in diplomatic focus away from Washington

Smart Talks: Four Suggestions to Bridge the Policy Gap on Climate Change
On top of current pledges, we need more extensive measures to repair the damage caused by human beings and to mitigate future harm to the planet

Oil Rises as China Loosens Travel Rules, U.S. Battles Winter Freeze
Benchmark U.S. crude traded near $80 a barrel after Beijing scrapped quarantine for inbound travelers from early January