China: Daily Scan, July 31, 2020

Xi Focus: Xi presides over symposium for soliciting advice on economic work:Xinhuanet

July 31, 2020

Xi Jinping, general secretary of the Communist Party of China (CPC) Central Committee, on Tuesday presided over and addressed a symposium for soliciting opinions and suggestions on the current economic situation and economic work in the second half of the year from non-CPC personages. Click here to read.... [2]

China’s economy continued strong recovery from coronavirus shock in July, but challenges remain: South China Morning Post

July 31, 2020

Buoyed by a construction boom, China’s economic recovery continued apace in July, new sentiment data suggested. The official manufacturing purchasing managers’ index (PMI) for July stood at 51.1, with a reading above 50.0 suggesting expansion in factory output. Click here to read.... [3]

PBOC readies tools to shore up growth: China Daily

July 31, 2020

Central banks of the two largest economies in the world may adopt different strategies to sustain growth in the ensuing months, with China likely to see a pause in further monetary easing, while the United States may bank on more stimulus to sustain the momentum, experts said. Click here to read.... [4]

China-U.S. relationship can have a future only when based on dialogue, cooperation: ambassador: People’s Daily

July 31, 2020

"The China-U.S. relationship can have a future only when it is built on dialogue and cooperation -- a future of no conflict, no confrontation, mutual respect, and win-win cooperation," Chinese Ambassador to the United States Cui Tiankai has said. Click here to read.... [5]

Big Tech trio: No signs China stole technology: China Daily

July 31, 2020

Three of the four CEOs of major American tech companies testified on Capitol Hill that they had no knowledge of technology theft by China at their businesses.
The testimony Wednesday was telling at a time when Chinese companies are facing national security accusations by the US on numerous fronts, from telecom giant Huawei to popular social media video app TikTok. Click here to read.... [6]

India is harming Indians by banning WeChat: China Daily

July 31, 2020

On Saturday, many smartphone users in India found they could no longer log into WeChat, with a prompt telling them WeChat has suspended operations after the Indian government banned it. The prompt also told them that WeChat was contacting relevant Indian departments to sort out the issue. Click here to read.... [7]

Will tech investment help mend economic ties with India?: Global Times

July 30, 2020

While official numbers of coronavirus cases position India as the third worst affected country in the world, a recent survey indicated the actual situation may be much bleaker. A survey conducted among 7,000 people in three densely-populated Mumbai slums found that around 57 percent of people had tested positive for COVID-19 antibodies, according to media reports. Click here to read.... [8]

China-India Relations: The Way Forward ": Embassy of People’s Republic of China in the Republic of India

July 30, 2020

Before looking to the future, it is necessary to look to the past of China-India relations. This year marks the 70th anniversary of the establishment of diplomatic ties between China and India. The past 70 years witnessed an extraordinary journey. With the joint efforts of both sides, the two countries have established a Strategic and Cooperative Partnership for Peace and Prosperity. Especially in recent years, President Xi Jinping and Prime Minister Narendra Modi held two informal summits and reached important consensus. They emphasized that China and India are each other's development opportunities and stable factors in the current international landscape. We need to strengthen the Closer developmental Partnership between our two countries. Under the guidance of the consensus reached by the two leaders, China and India have deepened exchanges and cooperation in various fields. Our coordination in major international and regional affairs has been continuously enhanced. Although there exist differences between us, the two sides have always been seeking solutions through dialogue and consultation. China-India relations have never stopped moving forward. Click here to read.... [9]