The two-day summit, starting 9 September, will have the most high-profile guest list India has ever welcomed, from US President Joe Biden to British Prime Minister Rishi Sunak and Saudi Arabia's Mohammed Bin Salman
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Yellen intends to focus at the summit on strengthening the global economy and supporting low- and middle-income countries by advancing efforts on debt restructurings, the evolution of multilateral development banks (MDBs) and building International Monetary Fund trust fund resources, the Treasury said
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Xi last met Biden on the sidelines of the G20 summit in Bali, Indonesia, last November
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This comes amid speculations that President Xi could skip the G20 Summit in New Delhi and instead nominate Chinese Premier Li Qiang to attend the event
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Cities including Shenzhen, Guangzhou and Wuhan have made announcements easing mortgage requirements, following central bank guidance last Friday
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In conjunction with that, Korea is taking several cultural initiatives to boost the tourism industry in the country including three-day-long Korea Festival in India organised by the Korea Tourism Organisation
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Two Indian officials, one diplomat based in China and one official working for the government of another G20 country said Premier Li Qiang is expected to represent Beijing at the 9 to 10 September meeting in New Delhi
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Earlier this month, the US Treasury sanctioned a sanctions evasion network, whose aim was to support an arms deal between Russia and North Korea
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