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Anchoring China’s yuan, Trump invites Xi: SCMP daily catch-up

From the Panchen Lama making a rare visit to Trump inviting Xi to his inauguration, here’s a round-up from today’s China and economy coverage

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1. Trump invites China’s Xi Jinping to attend his inauguration, US news report says

US president-elect Donald Trump has invited Chinese President Xi Jinping to attend his inauguration in Washington next month, CBS News reported on Wednesday, citing multiple sources. The report said it was not clear whether Xi has accepted the invitation to the ceremony scheduled for January 20.

2. Panchen Lama to make rare visit to Nepal after Tibet trip, reports say

The Panchen Lama, Tibet’s second highest religious figure who sits on China’s top political advisory body, will make a rare visit to Nepal, according to Nepalese media reports. It comes just months before the Dalai Lama, the exiled spiritual leader of Tibetan Buddhism, is expected to reveal a succession plan.

The current Panchen Lama, Gyaincain Norbu, was chosen by Chinese authorities and sits on the country’s top political advisory body. Photo: AFP
The current Panchen Lama, Gyaincain Norbu, was chosen by Chinese authorities and sits on the country’s top political advisory body. Photo: AFP

3. Beijing decries South Korean leader Yoon’s ‘Chinese spy’ defence of martial law

China has hit back against comments South Korean President Yoon Suk-yeol made about alleged Chinese espionage while defending his decision to declare martial law, calling the remarks “deeply unsettling”.

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