Measures to usher in new stage of growth: China Daily
December 21, 2020
Beijing will roll out a number of proactive measures next year to further upgrade supply and boost demand, ushering China's economy into a brand-new paradigm of high-quality growth, officials and experts said following a policy-setting meeting. Click here to read...
Rules issued on security review of foreign investment: China Daily
December 21, 2020
The newly released rules on China's security review of foreign investment will effectively restrain national security risks while actively promoting and protecting foreign investment, analysts said on Sunday. Click here to read...
Legally ambiguous ‘VIE’ structure means foreign investors don’t technically own overseas-listed Chinese stocks – and that could spell disaster: South China Morning Post
December 21, 2020
As China reasserts control over its powerful private enterprises, US and Hong Kong investors in Chinese stocksneed to be aware of a rarely discussed risk that has the potential to jeopardise their holdings: the fact that they do not technically own the companiesClick here to read...
COVID-19 Cluster Outbreaks Occurring Throughout China: The Epoch Times
December 20, 2020
More Chinese cities announced new CCP virus cases over the weekend, with authorities announcing “wartime” mode one by one.“At present, the epidemic in our country has entered the stage of ‘multi-point outbreak.’ … Over 20 cluster outbreaks have occurred in different regions,” Zhang Boli, a member of the Chinese Academy of Engineering and president of Tianjin University of Traditional Chinese Medicine, wrote in his article published in state-run Health Times on Dec. 19. Click here to read...
Nepal Falls Into Political Turmoil. China and India Are Watching: The New York Times
December 20, 2020
Nepal’s top leader dissolved Parliament on Sunday amid infighting among members of the governing party, throwing into doubt the political future of a strategically important Himalayan country where China and India have long jockeyed for influence. Click here to read...
China approves FAI projects worth 370 bln Yuan in November: Xinhuanet
December 20, 2020
China's top economic planner approved 26 fixed-asset investment (FAI) projects in November, with combined investment totaling 370.4 billion Yuan (about 56.7 billion U.S. dollars), official data showed.The projects were mainly in the transport, informatization and energy industries, according to the National Development and Reform Commission. Click here to read...
Shandong aircraft carrier group enters S. China Sea for exercises via Taiwan Straits: PLA Navy: Global Times
December 20, 2020
The Shandong aircraft carrier group on Sunday sailed through the Taiwan Straits and entered the South China Sea for exercises, the Chinese People's Liberation Army (PLA) Navy confirmed on Monday. Since the Shandong's commissioning a year ago, it has successfully completed missions including carrier-based fighter jet takeoff and landing, live-fire shooting and combat system calibration, as the carrier group's combat capability in an integrated system constantly rose in training tests, said Senior Captain Liu Wensheng, a spokesperson for the PLA Navy, in a statement. Click here to read...
Yearender-Xi Focus: Xi Jinping Thought on Diplomacy guides China's actions as responsible country amid pandemic: Xinhuanet
December 19, 2020
In the special year of 2020 shaped by the COVID-19 pandemic, China has fulfilled its responsibilities as a major country in the world while safeguarding its national interests and dignity.This has been achieved under the guidance of Xi Jinping Thought on Diplomacy. Click here to read...
