A group of Chinese warships led by the country’s sole aircraft carrier entered the top half of the South China Sea on Monday after passing south of Taiwan, the self-ruled island’s Defence Ministry said of what China has termed a routine exercise. Source: Reuters
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Black-clad activists protesting U.S. President-elect Donald Trump’s inauguration smashed store and car windows in Washington on Friday and fought with police in riot gear who responded with pepper spray and stun grenades. Source reuters
Japan and India are finally moving to fructify their partnership for development of the Chabahar port in Iran with Tokyo committing investment to help improve Afghanistan’s access to the port. Source Times of India
The PBOC has injected a net of 1.035 trillion yuan via reverse repos so far this week, an all time high. This week’s injection so far of over CNY 1 trillion suggests that there may be something more to the banks’ liquidity needs than simple calendar action. Source: ZeroHedge