Business
Xi Jinping’s Economic Rally and Hong Kong’s Ascendancy: Breakdown of SCMP’s Top 7 Highlights
Xi Jinping's economic call to arms, Hong Kong surpasses Singapore: 7 key points from SCMP
From Jinping's surprising appeal at a sudden Politburo gathering to Hong Kong reclaiming the lead, these are some notable points from SCMP's latest coverage.
1. '3 pardons': economic stimulation slogan by China's Xi seeks to comfort anxious authorities
President Xi Jinping has delivered a motivational speech in an unforeseen Politburo assembly to support the private sector and inspire officials nationwide to prioritize economic recovery.
2. Hong Kong surpasses Singapore as Asia's leading financial center: research
For the first time in two years, Hong Kong has overtaken Singapore to emerge as Asia's premier financial hub, based on the most recent version of the bi-annual Global Financial Centres Index published on Tuesday.
3. China conducts ICBM trial capable of hitting US mainland by launching into the Pacific Ocean
On Wednesday morning, the Chinese military performed its first known intercontinental ballistic missile (ICBM) trial in 44 years, firing an ICBM into the Pacific Ocean, as confirmed by the Chinese defense department.
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