Tajikistan approves the construction of a new US$10 million Chinese military base near its border with Afghanistan, and in a separate statement offers to hand over a pre-existing base to China and waive future rent payments on the base in exchange for military aid. The approval comes as the Tajik government expressed concerns about the worsening security situation along the border after the Taliban took over Afghanistan a few months prior.
Two further Chinese real-estate developers, Fantasia Holdings and Sinic Holdings, with liabilities of $12.8 billion and $14.2 billion respectively, both fail to make bond payments amid tightening resource availability after Evergrande raised investor concerns, and were both downgraded to "CCC" or "substantial credit risk".
China's State Administration for Market Regulation issues a link=yes.2 billion ($2.78 billion) fine against technology company Alibaba over anti-competitive practices which forced merchants to choose one of two platforms, rather than being able to work with both.
GlaxoSmithKline and the German biotech firm CureVac sign an agreement worth 150 million euros ($180.7 million) to develop a vaccine to counter many variants of SARS-CoV-2. The vaccine, which is subject to regulatory approval, is expected to be introduced in 2022.
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.
A judge in Peru issues an arrest warrant for former President Alejandro Toledo for allegedly receiving US$20 million in bribes from Odebrecht, a Brazilian construction company, in exchange for a contract deal to build a transoceanic highway between Brazil and the Peruvian coast. Toledo denies any wrongdoing.
Chinese state television reports Guo Youming, former deputy governor of Hubei province, is found guilty of taking bribes totaling more than 23.8 million yuan ($3.70 million). Guo is the latest to be convicted as a result of China's paramount leader Xi Jinping's anti-corruption campaign that started when Xi took Party general secretary office three years ago.