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U.S. National Security Advisor Jake Sullivan attends a session during the 54th annual meeting of the World Economic Forum in Davos, Switzerland, January 16, 2024.

REUTERS/Denis Balibouse

US and China set up back-channel meetings as pressure over Yemen grows

US National Security Advisor Jake Sullivan will reportedly meet with Chinese Foreign Minister Wang Yi behind closed doors in the coming days to discuss the Middle East and Taiwan.

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White House National Security Advisor Jake Sullivan speaks during a press briefing at the White House in Washington, D.C., U.S., September 15, 2023.

REUTERS/Sarah Silbiger

A Maltese meeting between the US and China

US National Security Adviser Jake Sullivan held “candid, substantive, and constructive” talks with Chinese Foreign Minister Wang Yi in Malta over the weekend, in an important step toward stabilizing frayed relations.

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(Now former) Chinese Foreign Minister Qin Gang attends a press conference after talks with his Dutch counterpart Wopke Hoekstra in Beijing.

REUTERS/Thomas Peter

China's missing foreign minister is out (of a job)

A full month after he vanished from public view, China confirmed the exit of Qin Gang as foreign minister. Qin will be replaced by Wang Yi, who had the job for almost a decade before Qin and is currently the country's most senior diplomat. (Wang also runs foreign policy for the ruling Communist Party, which puts him higher in the CCP pecking order than Qin).

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Photo composite of Russian President Vladimir Putin and Chinese President Xi Jinping

Luisa Vieira

What We’re Watching: China’s budding diplomacy, Biden’s border control, Russia’s big plans

What’s next for Russia & China?

Russia and China broadcast their friendship to the world on Wednesday as the West freaked out about the possibility of Beijing turning to arm Moscow’s troops in Ukraine. After meeting Chinese top diplomat Wang Yi in the Kremlin, Vladimir Putin said that strong Russia-China ties are “important for stabilizing the international situation.” (A tad rich coming from the guy who upended geopolitics by invading Ukraine a year ago.) Putin also confirmed that Xi Jinping would visit Moscow for a summit in the coming months. Wang, for his part, clarified that while their famous partnership “without limits” is not directed against any other nation, it certainly should not be subject to external pressure. He said both countries support “multipolarity and democratization of international relations” – in other words, not a US-led liberal international order. Still, no matter what Western governments say, the Chinese are not so willing to break ties with the US and its allies, mainly because Beijing's trade relations are too important. Meanwhile, we wonder whether the current status of the Russia-China relationship — friends with benefits but complicated — will blossom into a marriage (of convenience) or end in a bad breakup. What we know for sure is that China is getting more involved in the Ukraine conflict generally. Learn more here.

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Russian President Vladimir Putin walks to deliver his annual address to the Federal Assembly in Moscow.

Reuters

What We’re Watching: Putin blames the West, China in Ukraine war, Sunak close to Northern Ireland deal

Putin blames the West … for everything

Russia’s President Vladimir Putin played all the greatest hits Tuesday when he took to the podium for a State of the Union address to Russian legislators and the military just days out from the one-year anniversary of the Ukraine war. In his typically defiant fashion, Putin said that the West “started the war” and warned that Moscow would not back down from its objectives in Ukraine, emphasizing Russian unity on the issue. He also revived the (debunked) justification that the war was crucial to “protect Russia and liquidate the neo-Nazi threat” from Kyiv. Crucially, Putin implied that Russia would break with the New START treaty, which limits Moscow and Washington to deploying 1,550 nuclear weapons a piece, though Russia has reportedly already exceeded that number. Suspending the treaty would also block the US from monitoring compliance. This comes just hours before US President Joe Biden will deliver a speech in Warsaw, where he is expected to again frame the war in Ukraine as a fight for democracy itself.

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A new 1000 Naira note as the Central Bank of Nigeria releases the notes to the public, December 15, 2022.

REUTERS/Afolabi Sotunde

What We’re Watching: Nigeria’s dwindling cash/patience, Bolsonaro’s next move, China's diplomatic European tour, Armenia’s olive branch

Nigeria’s currency crisis

It’s a little over a week before voters head to the polls in Nigeria, Africa’s most populous country, and temperatures on the streets are rising amid protests over a cash shortage. In November, outgoing President Muhammadu Buhari began a program of phasing out currencies of high denominations, saying it would help transition the country to a cashless economy and clamp down on the currency black market and inflation. The timing appears odd so close to an election, but Buhari’s explanation has been that the measure will curb vote buying. But fast forward three months, and banks are running low on cash, with people having to line up for hours to withdraw their own savings. After being told by the government to hand in large denomination notes in exchange for new wads of cash, many are being sent home empty-handed. This is particularly problematic because the West African country of more than 213 million is highly reliant on cash, with just 45% having access to a bank account in 2021. Violence is on the rise as frustrated Nigerians take to the streets, which presents increasing governance challenges ahead of the crucial Feb. 25 vote. In a bid to calm things down, Buhari announced Thursday that one of the three banknotes being phased out would remain legal for another two months. For more on what’s at stake, see this Q+A with Eurasia Group’s Africa expert Amaka Anku.

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Meet the party that runs China
Meet the party that runs China

China in the (South Asian) ‘hood

As China faces pressure and criticism from the West for not changing its “neutral” stance despite Vladimir Putin’s actions in Ukraine, Beijing is trying to create space for itself by shoring up old allies and mending fences in its rough neighborhood.

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