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Xi Jinping’s Economic Boost, Hong Kong’s Triumph over Singapore, and China’s ICBM Test: SCMP’s Key Highlights
Xi Jinping's economic call to arms, and Hong Kong surpassing Singapore: 7 key points from SCMP's reports
Xi's surprise summons at a Politburo gathering, coupled with Hong Kong reclaiming its leading position, represent just a few noteworthy elements from SCMP's latest coverage.
1. '3 waivers': Xi's economic battle cry in China looks to comfort apprehensive authorities
In a surprise Politburo gathering, President Xi Jinping has initiated a motivational appeal to support the private sector and to galvanise officials nationwide to put economic recovery at the forefront.
2. Hong Kong surpasses Singapore as Asia's leading financial center: research
For the first time in two years, Hong Kong has outpaced Singapore to emerge as Asia's premier financial hub, as per the most recent semi-annual Global Financial Centres Index issued on Tuesday.
3. China conducts trial of ICBM capable of hitting the US mainland through launch into the Pacific Ocean
The Chinese military initiated their first publicized trial of an intercontinental ballistic missile in 44 years on Wednesday morning, dispatching an ICBM into the Pacific Ocean, as stated by the Chinese defense ministry.
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