US, China Top Diplomats to Meet on High Tensions on Taiwan

US Secretary of State Antony Blinken walks with Chinese Foreign Minister Wang Yi as they meet in Bali in July 2022 Stefani Reynolds POOL/AFP/File
US Secretary of State Antony Blinken walks with Chinese Foreign Minister Wang Yi as they meet in Bali in July 2022 Stefani Reynolds POOL/AFP/File
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US, China Top Diplomats to Meet on High Tensions on Taiwan

US Secretary of State Antony Blinken walks with Chinese Foreign Minister Wang Yi as they meet in Bali in July 2022 Stefani Reynolds POOL/AFP/File
US Secretary of State Antony Blinken walks with Chinese Foreign Minister Wang Yi as they meet in Bali in July 2022 Stefani Reynolds POOL/AFP/File

The top US and Chinese diplomats meet Friday in New York as soaring tensions show signs of easing, but Beijing issued a new warning against support for Taiwan.

Secretary of State Antony Blinken and Chinese Foreign Minister Wang Yi are set to meet on the sidelines of the annual United Nations summit, their first encounter since extensive talks in July in Bali where both sides appeared optimistic for more stability.

One month later, House Speaker Nancy Pelosi visited Taiwan, infuriating Beijing which staged exercises seen as a trial run for an invasion of the self-governing democracy, AFP said.

President Joe Biden in an interview aired Sunday said he was ready to intervene militarily if China uses force, once again deviating from decades of US ambiguity.

In a sign of smoother ties, Wang said he met in New York with US climate envoy John Kerry despite China's announcement after Pelosi's visit that it was curbing cooperation on the issue, a key priority for Biden.

But in a speech before his talks with Blinken, Wang reiterated anger over US support for Taiwan, which China considers part of its territory.

"The Taiwan question is growing into the biggest risk in China-US relations. Should it be mishandled it is most likely to devastate bilateral ties," he said at the Asia Society think tank.

"Just as the US will not allow Hawaii to be stripped away, China has the right to uphold the unification of the country," he said.

He denounced the US decision to "allow" the Taiwan visit by Pelosi, who is second in line to the presidency after the vice president. The Biden administration, while privately concerned about her trip, noted that Congress is a separate branch of government.

- Arranging a summit -
But Wang was conciliatory toward Biden. The New York talks are expected to lay the groundwork for a first meeting between Biden and President Xi Jinping since they became their two countries' leaders, likely in Bali in November on the sidelines of a summit of the Group of 20 economic powers.

Wang said that both Biden and Xi seek to "make the China-US relationship work" and to "steer clear of conflict and confrontation."

"However, what has happened is that the US seems to have two different sets of musical scores. Their leaders' political will for a stable bilateral relationship has yet to be translated into logical policies," he said.

The US Congress is a stronghold of support for Taiwan, a vibrant democracy and major technological power.

Last week a Senate committee took a first step to providing billions of dollars in weapons directly to Taiwan to deter China, a ramp-up from decades of only selling weapons requested by Taipei.

Tensions have also risen over human rights with the United States accusing the communist state of carrying out genocide against the mostly Muslim Uyghur people.

Biden, like his predecessor Donald Trump, has viewed a rising China as the chief global competitor to the United States and vowed to reorient US foreign policy around the challenge.

Russia's invasion in February of Ukraine quickly diverted the US focus to Europe but also heightened fears that Beijing could make good on years of threats to use force against Taiwan.

Yet US officials have also been heartened that China has shown some distance from Russia, nominally its close ally.

President Vladimir Putin at a meeting last week told Xi that he understood China's "concerns" on Ukraine, while Wang, in a special Security Council session on Thursday, emphasized the need to end the war rather than support for Russia.

In line with the Biden administration's focus on allies, Blinken met jointly Thursday with his counterparts from Japan and South Korea and immediately before his talks with Wang is expected to hold a meeting of the so-called Quad with Australia, India and Japan.



Russia Releases Video Footage to Challenge Kyiv Over Alleged Attack

A Russian service member stands next to the remains of a drone, which, according to the Russian Defense Ministry, was downed during the repelling of an alleged Ukrainian attack on the Russian presidential residence in the Novgorod Region, in an unknown location in Russia, in this still image from a video released December 31, 2025. (Russian Defense Ministry/Handout via Reuters)
A Russian service member stands next to the remains of a drone, which, according to the Russian Defense Ministry, was downed during the repelling of an alleged Ukrainian attack on the Russian presidential residence in the Novgorod Region, in an unknown location in Russia, in this still image from a video released December 31, 2025. (Russian Defense Ministry/Handout via Reuters)
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Russia Releases Video Footage to Challenge Kyiv Over Alleged Attack

A Russian service member stands next to the remains of a drone, which, according to the Russian Defense Ministry, was downed during the repelling of an alleged Ukrainian attack on the Russian presidential residence in the Novgorod Region, in an unknown location in Russia, in this still image from a video released December 31, 2025. (Russian Defense Ministry/Handout via Reuters)
A Russian service member stands next to the remains of a drone, which, according to the Russian Defense Ministry, was downed during the repelling of an alleged Ukrainian attack on the Russian presidential residence in the Novgorod Region, in an unknown location in Russia, in this still image from a video released December 31, 2025. (Russian Defense Ministry/Handout via Reuters)

Russia's defense ministry released video footage on Wednesday of what it said was a downed drone at a briefing intended to show Ukraine tried this week to attack a presidential residence and challenge Kyiv's denials that such an attack took place. 

Kyiv says Moscow has produced no evidence to support its allegations and that Russia invented the alleged attack to block progress at talks on ‌ending the war ‌in Ukraine. Officials in several ‌Western ⁠countries have ‌cast doubt on Russia's version of events and questioned whether there was any attack. 

Video footage released by Russia's defense ministry showed a senior officer, Major-General Alexander Romanenkov, setting out details of how Moscow says it believes Ukraine attacked one of President Vladimir Putin's residences in ⁠the Novgorod region. 

Romanenkov said 91 drones had been launched from Ukraine's Sumy ‌and Chernihiv regions in a "thoroughly ‍planned" attack that he said ‍was thwarted by Russian air defenses, caused ‍no damage and injured no one. 

The video released by the ministry included footage of a Russian serviceman standing next to fragments of a device which he said was a downed Ukrainian Chaklun-V drone carrying a 6-kg explosive device which had not detonated. 

The ministry did ⁠not explain how it knew what the device's target was. 

Speaking to Reuters, Ukrainian Foreign Ministry spokesperson Heorhii Tykhyi said the footage was "laughable" and that Kyiv was "absolutely confident that no such attack took place". 

Reuters could not confirm the location and the date of the footage showing fragments of a destroyed device. The model of the destroyed device could not be immediately verified. 

Other footage featured a man, identified as Igor Bolshakov from a ‌village in the Novgorod region, saying he had heard air defense rockets in action. 


China Slams Countries That Criticized Taiwan Drills as 'Irresponsible'

A screen broadcasting news about military drills conducted by China around Taiwan is seen on a street in Beijing, China, 30 December 2025. (EPA)
A screen broadcasting news about military drills conducted by China around Taiwan is seen on a street in Beijing, China, 30 December 2025. (EPA)
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China Slams Countries That Criticized Taiwan Drills as 'Irresponsible'

A screen broadcasting news about military drills conducted by China around Taiwan is seen on a street in Beijing, China, 30 December 2025. (EPA)
A screen broadcasting news about military drills conducted by China around Taiwan is seen on a street in Beijing, China, 30 December 2025. (EPA)

Beijing slammed on Wednesday countries including Japan and Australia for their "irresponsible" criticism of China's military drills in waters around Taiwan.

China launched missiles and deployed dozens of fighter jets, navy ships and coastguard vessels around the island on Monday and Tuesday in live-fire drills.

There has been a chorus of international criticism of China's drills, including from Japan, Australia and European countries.

Japan said Wednesday that China's exercises "increase tensions" across the Taiwan Strait, while Australia's foreign ministry condemned the "destabilizing" military drills.

The European Union on Tuesday said the military activity "endangers international peace and stability".

Beijing on Wednesday hit back at the remarks.

"These countries and institutions are turning a blind eye to the separatist forces in Taiwan attempting to achieve independence through military means," foreign ministry spokesman Lin Jian told reporters at a news briefing.

"Yet, they are making irresponsible criticisms of China's necessary and just actions to defend its national sovereignty and territorial integrity, distorting facts and confusing right and wrong, which is utterly hypocritical."

Lin said Beijing appreciated countries such as Russia, Pakistan and Venezuela expressing their support for China.

"We want to reiterate China's unwavering resolve for safeguarding national sovereignty, security and territorial integrity," he added.

"Any egregious provocative act that crosses the line on the Taiwan issue will be met with a firm counter from China."


Iran Appoints New Central Bank Governor After Record Currency Fall and Mass Protests

A person walks past a sign at a currency exchange, as the value of the Iranian rial drops, in Tehran, Iran, December 30, 2025. Majid Asgaripour/WANA (West Asia News Agency) via Reuters
A person walks past a sign at a currency exchange, as the value of the Iranian rial drops, in Tehran, Iran, December 30, 2025. Majid Asgaripour/WANA (West Asia News Agency) via Reuters
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Iran Appoints New Central Bank Governor After Record Currency Fall and Mass Protests

A person walks past a sign at a currency exchange, as the value of the Iranian rial drops, in Tehran, Iran, December 30, 2025. Majid Asgaripour/WANA (West Asia News Agency) via Reuters
A person walks past a sign at a currency exchange, as the value of the Iranian rial drops, in Tehran, Iran, December 30, 2025. Majid Asgaripour/WANA (West Asia News Agency) via Reuters

Iran on Wednesday appointed a new governor to the central bank after the former one resigned following a record currency fall against the US dollar that sparked large protests.

The plummeting of the rial, Iran's currency, sparked the largest protests in the country in three years, with rallies that began Sunday and continued until Tuesday.

A report by the official IRNA news agency said President Masoud Pezeshkian’s Cabinet appointed Abdolnasser Hemmati, a former economics minister, as new governor of the Central Bank of Iran. He replaces Mohammad Reza Farzin, who resigned on Monday.

Experts say a 40% inflation rate led to public discontent. The US dollar traded at 1.38 million rials on Wednesday, compared to 430,000 when Farzin took office in 2022.

Many traders and shopkeepers closed their businesses and took to the streets of Tehran and other cities to protest.

The new governor's agenda will included a focus on controlling inflation and strengthening the currency, as well as addressing the mismanagement of banks, the government’s spokeswoman Fatemeh Mohajerani wrote on X.

Hemmati, 68, previously served as minister of economic and financial affairs under Pezeshkian.

In March parliament dismissed Hemmati for alleged mismanagement and accusations his policies hurt the strength of Iran’s rial against hard currencies.

A combination of the currency's rapid depreciation and inflationary pressure has pushed up the prices of food and other daily necessities, adding to strain on household budgets already under pressure due to Western sanctions on Iran over its nuclear program.

Inflation is expected to worsen with a gasoline price change introduced in recent weeks.

Iran’s currency was trading at 32,000 rials to the dollar at the time of the 2015 nuclear accord that lifted international sanctions in exchange for tight controls on Iran’s nuclear program. That deal unraveled after President Donald Trump unilaterally withdrew the United States from it in 2018, during his first term.