The results of a private survey released on Wednesday showed that China’s manufacturing activity expanded and exceeded expectations in June, reaching its highest level since December 2019. The Caixin / Markit Manufacturing Purchasing Manager ratio reached 51.2. Economists polled by Reuters had expected 50.5, compared to 50.7 in May. PMI …
Read More »China reveals details of Hong Kong’s national security law
Pedestrians pass by a government-sponsored announcement promoting a new national security law on June 30, 2020 in Hong Kong, China. Billy HC Kwok | fake pictures BEIJING – The Chinese central government passed a new security law for Hong Kong that came into effect just hours before the 23rd anniversary …
Read More »Former Malaysian leader Mahathir wants to regain power months after resigning
Former Malaysian Prime Minister Mahathir Mohamad wants to overthrow the current government, just a few months after his resignation from the top job resulted in the collapse of the previous administration he was leading. But the coalition of now-opposition parties cannot agree on who should be prime minister if they …
Read More »China says its manufacturing activity expanded in June, but headwinds remain
China said Tuesday that manufacturing activity expanded in June with the Purchasing Manager’s official index reaching 50.9. Economists polled by Reuters expected the official manufacturing PMI number to hit 50.4. PMI readings above 50 indicate expansion, while those below this level indicate contraction. In May, the official manufacturing PMI reached …
Read More »China reportedly passes national security law for Hong Kong
The Hong Kong Police Honor Guard raises a Chinese national flag and a Hong Kong flag during a flag raising ceremony at Golden Bauhinia Square on June 15, 2020 in Hong Kong, China. Anthony Kwan | fake pictures Reportedly the main decision-making body in China’s parliament passed the controversial national …
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