EU-China summits begin, Trump bill may affect some tax credits: SCMP daily highlights
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1. The EU-China reset that never was: summits begin but divisions remain
After much talk of patching things up, a grand rapprochement has failed to materialise, with Beijing seen to be playing a “waiting game”.
2. US Senate, passing Trump bill, bars energy tax credits for China-linked firms
The US Congress is poised to bar companies with ties to China from gaining clean energy tax credits – a move that critics warn could jeopardise dozens of planned projects.
3. Round-the-clock live fire, urban survival drills: Taiwan to test war readiness
For the first time, Taiwan’s largest annual military exercise will combine conventional war games and urban survival drills under “unprecedented” live-fire conditions.