The Taiwan Travel Act, sponsored in January 2017 by Steve Chabot, a Republican representative from Ohio, is a flagrant violation of the one-China principle observed since the People's Republic of China and the United States established their diplomatic ties in 1979. In the 1979 China-US joint communiqué to establish diplomatic ties, Washington recognizes the PRC government as the sole legal government of China and acknowledges that there is but one China and Taiwan is part of China. The communiqué also stipulates that the US can only maintain unofficial relations with Taiwan.
The Tibet poverty alleviation office on Monday announced that 19 counties and county-level districts have risen out of poverty, in a notice approved by the autonomous region’s government on Dec 9.
The Shanghai-London stock connect program is expected to be launched within the year.
The Silk Road Fund inked a cooperation framework agreement with Uzbekneftegaz to support Uzbek oil and gas projects, according to a statement released by the fund on Saturday.
The Shanghai Composite Index rose 0.44 percent to 3,447 points, while the Shenzhen Component Index rose 0.43 percent to 11,695 points.
The State Council in August released a document stating that overseas investment in areas including real estate, hotels, cinemas, the entertainment industry, and sports clubs will be limited, while investment in some sectors such as gambling will be banned.
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The Seventh Plenary Session of the 18th CPC Central Committee, held from Wednesday to Saturday in Beijing, is the Party's most important conference before its upcoming 19th National Congress, which will open on Wednesday.
The Supreme People's Procuratorate and the China Securities Regulatory Commission released 12 cases of securities legal breaches and crimes on Friday, underlining the top authorities' determination to jointly intensify the crackdown on capital market violations.
The TBI believes the two scenes are related.
The Shanghai Composite Index end down 2.2 percent at 2542.10 and the Hang Seng Index rose 0.38 percent, or 94.41 points, to 24812.04.