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 …)
Tagged By covid-19
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…
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 …)
China to Allow State-Security Agents to Police Hong Kong
Beijing plans to allow mainland state-security agencies to establish an official presence in the city, a senior Chinese official said Friday, adding to concerns about Hong Kong’s diminishing autonomy … ( read original story …)
Hang Seng Index has worst day since 2015 as tensions flare up again between China and the West
The news — which could be the biggest blow to Hong Kong’s autonomy since its handover to China in 1997 — also further stoked tensions between China and the United States. Global stock markets were…
Global markets fall as China moves to tighten control over Hong Kong
Investors fear move will further heighten tensions between Beijing and Washington … ( read original story …)
Battered by coronavirus, China maps out an economic reality check for a new era
This is the first time since 1994 that the Communist Party has not spelled out a growth target for the world’s second-largest economy. ( read original story …)
China scraps 2020 growth target amid coronavirus uncertainty
China on Friday announced it would not be setting an economic growth target for 2020 due to the coronavirus pandemic making such predictions difficult. ( read original story …)
China Will Fight Back if U.S. Intervenes in Hong Kong, Beijing Warns
The State Department on Thursday condemned proposed national security legislation that pro-democracy activists in Hong Kong say would smother their remaining political freedoms. ( read original story …)
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