China: Daily Scan, June 23, 2020

FDI growth predicted for second half of year: China Daily

June 23, 2020

China may see an upward trend in foreign direct investment inflow in the year's second half, business leaders and analysts said on Monday. The reason is that global companies remain bullish on further tapping the world's largest lucrative market, which has strong policy support and resilience, they said.

Last third-gen Beidou satellite fired into orbit: China Daily

The final satellite to complete the third-generation network of China's Beidou Navigation Satellite System was launched on Tuesday morning, marking a new milestone in the nation's space endeavors. Click here to read.... [2]

Xi Focus: Xi eyes more stable, mature China-EU ties in post-pandemic era: Xinhuanet

June 23, 2020

Chinese President Xi Jinping on Monday met via video link with President of the European Council Charles Michel and President of the European Commission Ursula von der Leyen. Since the COVID-19 outbreak, China and the European Union (EU) have supported and helped each other, Xi said, noting that China is willing to join hands with the European side to push for a more stable and mature relationship in the post-pandemic era and lift their ties to a new height. Click here to read.... [3]

India retreats from deals with China: Global Times editorial: Global Times

June 23, 2020

The Indian government on Sunday gave "complete freedom of action" to Indian troops deployed along the China-India Line of Actual Control. This means Indian commanders will not be restricted in using firearms. Click here to read.... [4]

China's restraint toward India shows economic confidence: Global Times

June 23, 2020

Despite the recent unfriendly attitude from India toward Chinese products and companies, China has thus far shown considerable restraint in the realm of economics, which should by no means be mistaken as weakness. Following a deadly border clash between Chinese and Indian soldiers, there have been calls from some Indian anti-China groups for a boycott of Chinese goods, with large numbers of followers promoting such hostility on India's social media. Click here to read.... [5]

Confrontation with China 'suicide' for Indian economy: Global Times

June 23, 2020

India has recently intensified tensions with China following a fatal border clash. There is a campaign to boycott Chinese products and Indian authorities are reportedly mulling higher trade barriers. These are undoubtedly suicide paths for India's economic development. Click here to read.... [6]

Boycott China' T-shirts and caps in India were not made in China: insiders: Global Times

June 23, 2020

Online gossip has been spreading that some Chinese manufacturers have been caught selling hats, tees, and banners with anti-China slogans such as "Boycott China" to India; however, this is very likely faked, the Global Times found. In fact, Chinese laws and regulations prohibit the export of products brandished with anti-China content and graphics, a government source told the Global Times on Monday, adding it should be "common sense" to manufacturers and exporters that such activity is punishable. Click here to read.... [7]