China reported that the country’s GDP grew 3.2% in the second quarter of this year, compared to the previous year, exceeding analyst expectations and recovering from the first quarter contraction. It occurs when the blockades to contain the coronavirus outbreak in China decreased, and when Beijing implemented stimulus measures to …
Read More »Luckin Coffee fires President Lu, appoints Guo as CEO
Charles Lu Zhengyao VCG | fake pictures Luckin Coffee has expelled co-founder and president Charles Zhengyao Lu and replaced him with Jinyi Guo, who will also be the chief executive, the conflicting coffee chain revealed Monday. Guo was previously the interim CEO of the company. The move to replace Lu …
Read More »economy hires 12.6% year-over-year
An overview of the Marina Bay Sands, the ArtScience Museum, the Singapore Flyer and the Central Business District on June 19, 2020 in Singapore. Suhaimi Abdullah | fake pictures Singapore’s economy contracted 12.6% in the second quarter compared to the previous year, according to advance estimates from the Ministry of …
Read More »Amcham survey on the impact of China’s national security law in Hong Kong
A barge displays the words “Celebrate National Security Law” in Victoria Harbor on July 1, 2020 in Hong Kong. Anthony Kwan | fake pictures According to a survey, a large majority of American companies in Hong Kong said they were concerned about the new national security law passed by China …
Read More »China Passes Hong Kong National Security Law, But Creates More Entries
Pedestrians climb an escalator near a Government National Security Law sign at an MTR Corp. train station in the Wan Chai district of Hong Kong, China, Thursday, July 2, 2020. Ivan Abreu | Bloomberg | fake pictures China is paving the way for more money to flow to Hong Kong …
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