China: Daily Scan, August 11, 2020

CPC guidance leads nation to prosperity: China Daily

August 11, 2020

Some officials in the United States have been ganging up on the Communist Party of China, but they are turning a blind eye to the fact that the CPC leadership has enabled China to grow into the world's second-largest economy without resorting to warfare, colonialism or slavery. Click here to read.... [2]

Isolating China won't boost US security: China Daily

August 11, 2020

The White House's orders on Thursday banning transactions with ByteDance and Tencent, the owners of TikTok and WeChat respectively, on the pretext that the two apps "threaten the national security, foreign policy, and economy of the United States" is part of the administration's "Clean Network to Safeguard America's Assets" program to ban a whole range of Chinese apps. Click here to read.... [3]

Economic Watch: China's inflation rises in July, propelled by food prices: Xinhuanet

August 10, 2020

China's consumer inflation accelerated for the second straight month in July on the back of higher food prices, official data showed Monday. Consumer price index (CPI), the main gauge of inflation, grew 2.7 percent year on year last month, expanding from a 2.5-percent gain in June and a 2.4-percent rise in May, according to data from the National Bureau of Statistics (NBS). Click here to read.... [4]

China sanctions 11 U.S. officials with egregious records on Hong Kong affairs: Xinhuanet

August 10, 2020

China on Monday announced sanctions against 11 U.S. officials with egregious records on Hong Kong affairs, according to Chinese Foreign Ministry spokesperson Zhao Lijian at a press briefing. Zhao made the announcement in response to a request for comment on the so-called sanctions by the U.S. government against 11 officials of the Chinese central government and the Hong Kong Special Administrative Region (HKSAR) government. Click here to read.... [5]

Will WeChat ban cut US-run Macau casinos’ vital link to China clients?: South China Morning Post

August 11, 2020

US President Donald Trump’s ban on Chinese social messaging service WeChat could undermine the operations of American casino operators in Macau and cloud their future in the city, according to industry observers. Click here to read.... [6]

Haste won’t make India a manufacturing power: Global Times

August 10, 2020

India's Defence Minister Rajnath Singh announced recently that the country will stop the import of 101 types of military equipment in a bid to boost domestic weapon production and improve self-reliance in the defense sector. While the decision is encouraging for a domestic industry that is expected to receive around $53 billion worth of defense contracts over the next six to seven years, some Indian netizens questioned whether India has the capability to produce these items to a high enough quality. Click here to read.... [7]