Regional development lender with headquarters in Manila
The 12‑day conference has launched a rangelands initiative that mobilizes $1.2 billion for 45 projects, aiming to restore degraded land and bolster food security in fragile ecosystems. The effort, highlighted during Mongolia talks, aligns with broader UN goals to combat desertification and climate impacts.
China seeks to mediate in the Iran–Houthis conflict, urging restraint while pushing for dialogue and a safe Red Sea corridor. Beijing stresses safeguarding Iran’s interests and regional stability ahead of Xi Jinping’s Washington visit, with analysts noting China’s leverage over energy flows.
Chinese President Xi Jinping has arrived in Washington for a three-day state visit and a summit with U.S. President Donald Trump to press an extension of a trade truce, negotiate AI cooperation and raise cases of Americans held in China. Preparatory talks have produced limited deliverables; officials expect modest, targeted outcomes rather than broad breakthroughs.