State-run oil company Saudi Aramco suspends plans to build a US$10 billion oil refinery in Liaoning, China, due to decreased global demand for oil. Its Chinese partners said they will press ahead with the project.
China reports 127 new cases of COVID-19 in the last 24 hours. From that, 123 of them were locally transmitted which includes 112 in Xinjiang and 11 in Liaoning. It is the highest number of cases reported since March 5.
United States President Barack Obama blocks China's Fujian Grand Chip Investment Fund's acquisition of the U.S. semiconductor business of German-based Aixtron because of national security concerns. The German Economy Ministry withdrew its approval in October.
The Philippine government places more than two dozen provinces on alert before Typhoon Haima makes landfall over Luzon. Haima, downgraded by the Global Disaster Alert and Coordination System to a Category 4 storm, landfalls Cagayan province in the island's northeast. Weather forecasters expect the storm to impact up to 2.7 million people before veering northwest toward the Chinese coast on October 21.
Taiwan plans to expand a pier on one of the disputed Spratly Islands, parts of which are also claimed by Vietnam, Brunei, China, Malaysia and the Philippines, as the other claimants strengthen military deployment in the South China Sea.