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China to give Macau jurisdiction over Hengqin Port

October 28, 2019

BEIJING - On the eve of a four-day closed session of the Central Committee of the Chinese Communist Party, the Standing Committee of the National People's Congress is reported to have made a policy decision to give Macau jurisdiction over the Macau Port Area of the renovated Hengqin Port, which is located on the mainland-Macau border but is geographically in the mainland.

Thailand, South Korea leaders in new health index, but Asia has significant gaps

October 25, 2019

LONDON - No country is fully prepared for the next epidemic or pandemic, according to the first edition of the Global Health Security Index, released today.  It shows that only 13 of nearly 200 countries score in the top tier, suggesting that most of the world would struggle to deal with a major outbreak of a deadly infectious disease, such as Ebola.

Hong Kong’s mini-budget “small and regressive”: Natixis

October 25, 2019

HONG KONG - A mini-budget announced by the Hong Kong Government, covering a  third round of measures to support an economy battered by ongoing social unrest and the US/China, has been criticised by the banking and finance group Natixis as "small and regressive" given Hong Kong's "extremely difficult situation". The mini-budget covers measures worth just HK$2 billion.

Any U.S.-China Trade Agreement may include currency side deal, says S&P

October 16, 2019

SINGAPORE -- S&P Global Ratings believes China would probably agree to a side deal on currency policy if it rests on allowing market forces to play a greater role. It says the U.S. has become fond of including currency provisions in its recent trade agreements, and these often require that countries refrain from exchange rate manipulation and competitive devaluations.