Briefly

CHINA

FM to attend Baku summit, visit 4 nations

Foreign Minister Wang Yi will attend the 7th Summit of the Conference on Interaction and Confidence-Building Measures in Asia in Baku, Azerbaijan, on Thursday as President Xi Jinping's special representative, Foreign Ministry spokeswoman Mao Ning announced on Monday. Wang will also visit Azerbaijan, Croatia, Montenegro and Bulgaria from Wednesday to Oct 20. At the summit, China will engage in extensive dialogue and consultations with all parties, uphold multilateralism, actively implement the four global initiatives, improve governance in Asia and make new contributions to building an Asian community with a shared future, Mao said. The visits aim to expand practical cooperation and advance relations with the four countries, she added.

SWEDEN

Hall, Woodford win Nobel economics prize

Robert Hall and Michael Woodford, both US citizens, won the 2026 Nobel economics prize for "for microeconomic foundations of macroeconomic stabilization", the Royal Swedish Academy of Sciences said on Monday. The prestigious award, formally known as the Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel, is the final prize to be given out this year and is worth 12 million Swedish crowns ($1.2 million).

CHINA DAILY-AGENCIES