Vice premier stresses curbing spread of COVID-19 in Beijing: Xinhuanet
June 15, 2020
Chinese Vice Premier Sun Chunlan Sunday urged resolute measures to stem the spread of cluster cases of COVID-19 in Beijing. Sun made the remarks at a meeting of the State Council joint prevention and control mechanism against COVID-19.Noting that the new cluster cases in Beijing were all related to Xinfadi, a wholesale farm produce market where a large number of people gather and visit, Sun warned of the high risk of virus spreading and asked for resolute response measures. Click here to read....
Beijing swift to curb new COVID cases: China Daily
June 15, 2020
Beijing is taking swift steps to curb a new cluster of local COVID-19 infections that has led to more than 50 new cases in the past four days, including shuttering a major wholesale market linked to all new infections, imposing a partial lockdown in its vicinity and ramping up mass testing and screening in key areas. Click here to read....
More room seen for interest rate cuts: China Daily
June 15, 2020
China's central bank will have more room to inject liquidity and lower the major interest rates to cushion any financial volatility and stimulate the economy, as domestic consumer inflation pressure eased and the global economy is predicted to suffer a deep recession this year amid the COVID-19 pandemic, economists said. Click here to read....
Rivalry with China a no-win strategy for US: China Daily
June 15, 2020
As governments worldwide confront the terrible choice between saving lives from COVID-19 and protecting people's livelihoods, economic indicators highlight the intensity of the dilemma. Unemployment has skyrocketed, trade has plunged, and the global economy is facing its worst downturn since the Great Depression. There is only one way to limit the novel coronavirus pandemic's economic fallout: Sino-US cooperation. Click here to read....
China’s Type 15 tanks join exercises in mountainous plateau region: Global Times
June 15, 2020
Type 15 lightweight tanks of the Chinese People's Liberation Army (PLA) were spotted participating in a recent exercise in a low temperature mountainous plateau region. This type of tank has significant advantages over other types of tanks or armored vehicles in such regions, experts said. Click here to read....
HSBC's bow to China stirs up internal anxiety and patience: Nikkie Asian Review
June 15, 2020
One evening earlier this month, an HSBC retail banking executive in Hong Kong was startled to see news alerts on his phone saying that his company was supporting China's new national security laws for the territory. Click here to read....
