Foreign ministry spokesman said Wang Yi, member of the CPC Political Bureau, director of the Office of the Central Foreign Affairs Commission and China’s special representative on China-India boundary issues, will meet Indian special representative and National Security Advisor Ajit Doval in Beijing on Aug 25 for the 25th round of talks.

Hong Kong nonferrous metals sector rose; Ganfeng Lithium (01772.HK) climbed over 7%, Zhaojin Mining (01818.HK) rose over 5%, China Nonferrous Metal Mining (01258.HK) and TTANQT Lithium (09696.HK) advanced more than 3%.

Mitsubishi UFJ strategist Derek Halpenny said the dollar faces downside risk ahead of a US Treasury Department Bessent speech and the Fed’s Jackson Hole symposium. After the Treasury last week announced an increase in the size of long-term bond repo operations, Bessent may later set out fiscal consolidation plans. Fed chair Kevin Warsh is due to speak Friday at Jackson Hole; Halpenny said Warsh may continue to give fewer signals on future policy and added that, absent credible fiscal consolidation, the long end of the bond market could be particularly vulnerable.