Business
Xi Jinping’s Economic Revival Call and Hong Kong’s Rise as Top Financial Hub: Key Highlights from SCMP’s Latest Reports
Xi Jinping's economic battle cry, Hong Kong surpasses Singapore: 7 key points from SCMP
From Xi's surprise declaration at an unforeseen Politburo gathering to Hong Kong reclaiming its premier status, here are some significant points from SCMP's latest coverage.
1. '3 reliefs': economic encouragement from China's Xi seeks to comfort apprehensive authorities
President Xi Jinping has unexpectedly convened a Politburo meeting to support the private sector and urge officials nationwide to focus on rejuvenating the economy.
2. Hong Kong surpasses Singapore as Asia's leading financial center: research
Hong Kong has overtaken Singapore to claim the title of Asia's premier financial hub for the first time in two years, as per the most recent semi-annual Global Financial Centres Index published on Tuesday.
3. China conducts ICBM trial that could potentially hit the US mainland, launching into the Pacific Ocean
On Wednesday morning, China's People's Liberation Army initiated its first recognized intercontinental ballistic missile trial in 44 years, propelling an ICBM into the Pacific Ocean, as reported by the Chinese defense ministry.
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