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China desires a ‘peaceful reunification’ with Taiwan

BEIJING (Asia) -China’s Taiwan Affairs Office head announced that “one country, two systems” and “peaceful reunification” is the best way to unify China and Taiwan. Foreign forces’ attempts to interfere in “reunification” will fail, according to Liu Jieyi. This was revealed at an event at the Great Hall of the People where 15
Asia

Hong Kong security bill approved by Chinese government

HONG KONG/BEIJING (Asia) – China’s parliament approved a decision on Thursday to go forward with national security legislation for Hong Kong that democracy activists in the city and Western countries fear could endanger its special autonomy and freedoms. China says the legislation will be aimed at tackling secession, subversion, terrorism and foreign
Asia

Premier Li: China to aim for positive economic growth this year

BEIJING (Asia) – China will strive for positive economic growth to recover from the impact of the coronavirus pandemic this year, despite not setting a growth target, Premier Li Keqiang said on Thursday, promising more support if the economy faced further disruption. “We have reserved policy room. Be it fiscal, finance, or social security,” Li […]
Asia

Rich Chinese skirt Hong Kong seeking asset safety elsewhere

HONG KONG (Asia) – Rich Chinese are expected to park fewer funds in Hong Kong on worries that Beijing’s proposed national security law for the city could allow mainland authorities to track and seize their wealth, bankers and other industry sources said. More than half of Hong Kong’s estimated private wealth of over $1 trillion […]