The Hong Kong Federation of Trade Unions hosted a reception on Sunday to celebrate the upcoming 70th anniversary of the founding of the People's Republic of China. Among the dignitaries present are Chief Executive Carrie Lam Cheng Yuet ngor, Deputy Director of the Liaison Office of the Central People's Government in the HKSAR Chen Dong, and representatives of various groups in the SAR. [Photo provided to China Daily]
The Fed slashed rates to 1 percent to 1.25 percent from 1.50 to 1.75 percent. But it didn't help the stock market. It rose on the news in early trading, but quickly gave up early gains.
The Hong Kong Police Force on Monday said 149 people were arrested for taking part in illegal protests and committing violent acts over the weekend.
The IHS Markit report said the rate of contraction was the softest since January as the easing of some social distancing measures helped to support business activity at some firms.
The Girls Protection Special Fund of the China Foundation of Culture and Arts for Children, found in a survey that most child sexual abuse victims under 14 years old were abused by people close to them, such as a teacher, neighbor or relative.
The Health Ministry has launched a 24x7 helpline number to provide support to people regarding queries on novel coronavirus. The ministry is also circulating the precautionary measures recommended by WHO for the prevention of novel coronavirus in India.
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The French brands' failure in the Chinese market was a result of complicated power moves between the parties involved in the Sino-French joint ventures, according to automobile industry insiders who declined to be named.
The Finnish company said in a separate statement it is not in negotiations with the consortium and has not made any decisions related to the proposal.
The German automaker said the models, both localized and imported, will further consolidate its position in China's premium car market, where some 2.5 million cars were sold last year.
The Hurun Property Rich List, the 13th version this year, only counted the wealth an entrepreneur had in the property sector.