The territory’s stock market plunged amid expectations that money would soon be leaving the Asian financial hub, which faces tough new measures from Beijing and retaliation from the United States. ( read original story …)
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China’s Tighter Grip on Hong Kong Shakes City’s Business World
Beijing Says Imposing a National Security Law in Hong Kong Is Necessary. Democracy Activists Call It ‘the Saddest Day’ in City History
Beijing’s latest plan to crack down on dissent in Hong Kong by passing controversial national security legislation has shocked democracy advocates in the semi-autonomous city, and elicited swift … ( read original story …)
Hong Kong lawmaker mourns ‘end of homeland’ as China mulls anti-protest law
“This is the end of Hong Kong and it’s like the end of our homeland,” said Tanya Chan, a legislator in the territory. ( read original story …)
Stocks are flat as Wall Street grapples with rising U.S.-China tensions, virus vaccine hopes
Stocks opened along the flatline on Friday as tensions between China and the U.S. offset the increasing optimism around a potential coronavirus vaccine. ( read original story …)
U.S.-China tensions could become a bigger headwind for the stock market
Rising tensions between the U.S. and China could become a more persistent headwind for markets, as the the presidential election approaches. ( read original story …)
Stocks Tumble on China Crackdown Worries: Live Business Updates
Mr. Li’s report said China would ramp up government spending by $140 billion to stir growth, plus issue a similar amount on bonds for coronavirus recovery efforts. While significant, the spending … ( read original…
China’s Wuhan says conducted 1,000,729 COVID-19 tests on May 21
The city of Wuhan, the original epicentre of the new coronavirus outbreak in China, conducted 1,000,729 nucleic acid tests on May 21, the local health authority said on Friday, compared with 887,321 … ( read…
How The Coronavirus Has Strained U.K.-China Ties
Political analysts say China’s growing assertiveness and its recent coronavirus disinformation campaign have soured relations and encouraged the British government to reconsider its China policy. ( read original story …)
China looks to set up national security agencies in Hong Kong
China’s national security agencies will set up operations directly in Hong Kong under proposed new subversion laws that critics say pose a grave threat to the territory’s political and legal autonomy. ( read original story…
Beijing may base security agencies in Hong Kong as part of new laws
A proposal to impose national security laws in Hong Kong could see mainland intelligence agencies set up bases in the global financial hub, raising fears of direct enforcement by Chinese authorities … ( read original…
China abandons GDP target for first time in decades amid ‘great uncertainty’ of virus
China has abandoned setting a target for GDP growth for the first time in decades, citing “great uncertainty” caused by the coronavirus pandemic, an acknowledgement of steep challenges the country … ( read original story…
China Slows Defense Spending Despite Threat of New Cold War With U.S.
Beijing will slow its military investment as the country grapples with the economic turmoil wrought by the coronavirus pandemic. ( read original story …)
China plans a clampdown that could end Hong Kong’s dreams of democracy
Beijing’s rubber-stamp legislature is poised to adopt new “national security” laws that could doom the “One Country-Two Systems” policy. ( read original story …)
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