China: Daily Scan, June 29, 2020
Dr Teshu Singh, Research Fellow, VIF
Chinese premier stresses stabilizing foreign trade, investment: Xinhuanet
June 29, 2020

Chinese Premier Li Keqiang on Sunday urged continuous efforts to expand opening-up and stabilize the overall performance of foreign trade and investment. Li, also a member of the Standing Committee of the Political Bureau of the Communist Party of China Central Committee, said that stabilizing the overall performance of foreign trade and investment is of great importance to stabilizing economy and employment, at a symposium of government officials and enterprise executives. Click here to read....

Premier vows financial backing for businesses: China Daily
June 29, 2020

Premier Li Keqiang pledged stronger financial support to businesses on Sunday and greater efforts to protect smaller companies and labor-intensive enterprises to shore up China's foreign trade and foreign investment amid the global economic downturn. Click here to read....

Consumption coupons to fuel economy: China Daily
June 29, 2020

In order to stimulate consumption and promote local economic growth, various local governments have distributed consumption vouchers among local residents, mainly through third-party mobile and online payment platforms such as Tencent, Alipay and Meituan. Click here to read....

China to adjust leadership structure for reserve forces: People’s Daily
June 29, 2020

China's reserve military forces will be brought under the centralized and unified command of the Communist Party of China (CPC) Central Committee and the Central Military Commission starting from July 1, according to a decision issued by the CPC Central Committee. Click here to read....

US bill aiming to delist Chinese companies could claim American investors, businesses as unintended victims: South China Morning Post
June 29, 2020

Sweeping legislation that could remove publicly traded Chinese companies from US stock exchanges has the potential to trip up businesses and investors at home as Chinese firms move to other countries for capital. Click here to read....

Locust plague shows India can't bear trade war with China: Global Times
June 29, 2020

India is incapable of starting a trade war with China, and a recent locust plague has made that point even clearer. According to media reports, the worst locust invasion in decades has hit India and may cause famine, with many seasonal crops destroyed. Even the Indian capital, New Delhi, is now on high alert after huge swarms of desert locusts swept the neighboring city of Gurgaon on Saturday. Click here to read....

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