Hong Kong’s Hang Seng Index dropped more than 5% Friday after news broke that Beijing would move to pass a hugely controversial national security law for the Asian financial hub. ( read original story …)
NEWS
Coronavirus Live Updates: Pandemic Hovers Over China’s Legislative Pageant
Amid the pomp and propaganda in Beijing, the virus is weighing on President Xi Jinping’s efforts to restart the Chinese economy and show the world that his government has tamed the epidemic. ( read original…
Beijing Scraps GDP Target, a Bad Sign for World Reliant on China Growth
China broke with more than a quarter-century of tradition by eschewing an economic growth target for 2020, a stark acknowledgment of the challenges facing the world’s second-largest economy as it … ( read original story…
China threatens to sanction Rep. Chris Smith for taking on Beijing in the age of COVID-19
New Jersey Rep. Chris Smith, Republican member of the House Foreign Relations Committee, joins Laura Ingraham with insight on ‘The Ingraham Angle.’ … ( read original story …)
Hong Kong stocks drop more than 3% as tensions flare up again between China and the west
Hong Kong’s Hang Seng Index dropped more than 3% Friday after news broke that Beijing would move to pass a hugely controversial national security law for the Asian financial hub. ( read original story …)
China to boost defense spending by lowest rate in years
China will boost defense spending by just 6.6% in 2020, the lowest rate in years as it battles an economic crisis brought on by the coronavirus outbreak. The figure announced Friday is down from the…
China drops GDP goal, pledges higher spending as parliament starts
China omitted a 2020 economic growth target for the first time and pledged government support for the economy in Premier Li Keqiang’s work report on Friday, launching the country’s annual parliament … ( read original…
China promises stimulus spending, sets no growth target
China’s top economic official has promised higher spending to revive its coronavirus-battered economy and curb surging job losses … ( read original story …)
China’s fiscal revenue may maintain declining trend in second quarter: finance ministry
China’s fiscal revenue may maintain a declining trend in the second quarter due to significant economic uncertainties, although it may start growing in the second half of the year, the finance … ( read original…
China promises funds to help economy, sets no growth target
China’s top economic official on Friday promised higher spending to revive its coronavirus-battered economy and curb surging job losses and said Beijing would skip setting a growth target in order to … ( read original…
Calls for protest march in Hong Kong as China pushes new security laws
Calls for protest march in Hong Kong as China pushes new security laws … ( read original story …)
China Abandons Growth Target for Year as Coronavirus Disrupts Economy
The decision comes as China’s top leaders gathered in Beijing to set the country’s priorities for the coming year. ( read original story …)
China reports four new coronavirus cases in mainland as of end-May 21
China recorded four new coronavirus cases on May 21, up from two a day earlier, the National Health Commission (NHC) reported on Friday. China also reported two imported cases from the previous day. ( read…
