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Xi Jinping's economic rallying cry, Hong Kong wins Singapore's crown: SCMP 7 highlights

Xi Jinping's economic rallying cry, Hong Kong wins Singapore's crown: SCMP 7 highlights
Xi Jinping's economic rallying cry, Hong Kong wins Singapore's crown: SCMP 7 highlights

 


We've selected seven stories from this week's news in Hong Kong, mainland China, the wider Asian region and beyond that resonated with our readers and highlighted issues of news. If you would like to see more of our reports, please consider subscribe.

1. 3 exemptions: the cry of economic rally launched by Chinese Xi aims to reassure fearful officials

China's Politburo, led by President Xi Jinping, held an unexpected economic meeting on Thursday. Photo: Xinhua
China's Politburo, led by President Xi Jinping, held an unexpected economic meeting on Thursday. Photo: Xinhua

President Xi Jinping called for a rally at an unexpected Politburo meeting to help the private sector and mobilize officials across the country to prioritize economic recovery.

2. Hong Kong takes Singapore's crown as Asia's top financial hub: study

Hong Kong has dethroned Singapore to become Asia's top financial center for the first time in two years, according to the latest edition of the biannual Global Financial Centers Index released on Tuesday.

3. China tests ICBM that could reach the American continent with a launch in the Pacific Ocean

The People's Liberation Army launched its first known intercontinental ballistic missile test in 44 years Wednesday morning, sending an ICBM into the Pacific Ocean, according to China's Defense Ministry.

Sources

1/ https://Google.com/

2/ https://www.scmp.com/news/world/article/3280124/xi-jinpings-economic-rally-cry-hong-kong-takes-singapores-crown-scmps-7-highlights

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