Hong Kong security law: how will US sanctions affect China’s plan to turn the Yuan into a widely used global currency?: South China Morning Post
July 17, 2020
Washington’s decision to impose sanctions on Chinese individuals and financial institutions for their role in developing Hong Kong’s new national security law may threaten Beijing’s efforts to make the Yuan an international currency, according to analysts. Click here to read....
Former CDC directors: U.S. politicians undermine CDC unconscionably:
People’s Daily
July 17, 2020
It is "unconscionable and dangerous" for U.S. politicians to undermine the (U.S.') Centers for Disease Control and Prevention (CDC) in the fight against COVID-19, former U.S. CDC directors wrote in an article published recently by The Washington Post. target="_blank">Click here to read....
National security law for HK a mirror to West: China Daily
July 17, 2020
US Secretary of State Mike Pompeo continued to troll Beijing on Wednesday via Twitter by congratulating Hong Kong's "pan-democrats" for their "successful" illegal primaries.
The Chinese central government has promulgated national security legislation in Hong Kong to prevent, suppress and impose punishment for offenses of "secession, subversion, organization and perpetration of terrorist activities and collusion with a foreign country or with external elements to endanger national security in relation to the Hong Kong Special Administrative Region." The bold legislation has prompted the Western anti-China "coalition" to throw a hissy fit. Click here to read....
Xi hails execs' faith in growth, pledges reform: China Daily
July 17, 2020
China will keep deepening reform and expanding opening-up and provide a better business environment for the investment and business development of Chinese and foreign enterprises, President Xi Jinping said in a letter of reply to representatives of Global CEO Council members.
In the letter dated on Wednesday, Xi assured the global CEOs that China will foster new opportunities and create new prospects for Chinese and foreign enterprises. He said that those CEOs have made the right choice to stay rooted in China. Click here to read....
Economic Watch: China's economy rebounds in Q2 from epidemic headwinds: Xinhuanet
July 17, 2020
China's economy bounced back to growth in the second quarter (Q2) this year as the country gradually resumed work and production after effectively containing the COVID-19 epidemic, official data showed on Thursday.
The country's gross domestic product expanded by 3.2 percent year on year in Q2, following a 6.8 percent contraction in Q1, according to data from the National Bureau of Statistics (NBS). Click here to read....
