Business
Xi Jinping’s Economic Revival Push and Hong Kong’s Rise to Top Financial Hub: Highlights from SCMP’s Latest Insights
Xi Jinping's economic call to arms and Hong Kong's ascendency over Singapore are among the notable points emphasized in SCMP's recent reports. These highlights include Jinping's surprise call during a Politburo meeting and Hong Kong's return to its premier status.
1. '3 exceptions': Xi of China's economic encouragement aims to soothe worried officials
In a surprising Politburo meeting, President Xi Jinping made a passionate appeal to support the private sector and urged officials throughout the country to put the economic recovery first.
2. Hong Kong surpasses Singapore as Asia's leading financial center: research
For the first time in two years, Hong Kong has usurped Singapore to become Asia's premier financial hub, as per the most recent iteration of the biannual Global Financial Centres Index published on Tuesday.
3. China conducts trial of ICBM capable of reaching the US mainland, launched into the Pacific Ocean
The Chinese military carried out its first known intercontinental ballistic missile experiment in 44 years on Wednesday morning, propelling an ICBM into the Pacific Ocean, as stated by the Chinese defense ministry.
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