Modi and Xi Resume Direct Flights, Aiming to Bolster Ties Amidst SCO Summit

In a significant diplomatic move during the Shanghai Cooperation Organization (SCO) summit in Tianjin, Indian Prime Minister Narendra Modi met with Chinese President Xi Jinping. This marked their first interaction since Donald Trump returned to office, with both leaders aiming to repair and strengthen ties through the resumption of direct flights between India and China. Analysts believe this gesture could potentially impact Asian equities positively due to improved trade connectivity. While no immediate cryptocurrency effects have been reported, the potential for long-term influence on regional crypto ventures remains a possibility.