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Asia

North Korea supports China’s measures on Hong Kong

SEOUL (Asia) – On Saturday, North Korea showed its support for the decision to impose new national security laws by China in Hong Kong labelling it a “legitimate step” to safeguard its security. “Since Hong Kong issue is an issue pertaining thoroughly to the internal affairs of China, any country or force has no rights […]
Asia

China opposes U.S. THAAD defence system in South Korea

BEIJING (Asia) – China’s foreign ministry said on Friday it firmly opposes the U.S. Terminal High Altitude Area Defense (THAAD) missile defence system in South Korea and urged the U.S. not to harm bilateral relations between Beijing and Seoul. American and South Korean troops brought replacement THAAD missiles to a base in South Korea overnight, […]
Asia

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

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 […]
Articles

China’s Belt and Road Initiative in a Post-COVID World

The Headlines In the 17th Feb issue of Time magazine, in a lead article headlined ‘The Coronavirus Outbreak Could Derail Xi Jinping’s Dreams of a Chinese Century’, their political columnist wrote “the crisis has already demonstrated that the centralization of political power under Xi has made Chinese society brittle. The question now is what it […]