Business
Xi Jinping’s Economic Revival Call and Hong Kong’s Rise to Top Financial Hub: Key Highlights from SCMP’s Recent Reports
Xi Jinping's financial battle cry, Hong Kong surpasses Singapore: 7 key points from SCMP
From Xi's surprising announcement in a Politburo meeting to Hong Kong reclaiming its top status, we bring you some standout points from recent coverage by SCMP.
1. '3 exemptions': Xi's economic battle cry in China seeks to comfort anxious authorities
In an unanticipated Politburo meeting, President Xi Jinping has launched an appeal to support the private sector and to rally officials throughout the country to focus on rejuvenating the economy.
2. Hong Kong surpasses Singapore as the leading financial center in Asia: research
For the first time in two years, Hong Kong has overtaken Singapore to be hailed as Asia's premier financial hub, as per the most recent version of the bi-annual Global Financial Centres Index that was published on Tuesday.
3. China conducts trial of ICBM capable of hitting the US mainland, launching it into the Pacific Ocean
China's People's Liberation Army carried out its first recognized intercontinental ballistic missile test in over four decades on Wednesday morning, as confirmed by the Chinese defense ministry. The missile was launched into the Pacific Ocean.
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