Economic watch

First-time borrowers refer to enterprise clients who do not have loan records in the credit record system of the People's Bank of China (PBOC). To further relieve financing pressure on small businesses hit by COVID-19 and bolster the real economy, many places have made preliminary progress in raising the ratio of first-time borrowers to total small business clients. … [Read more...] about Economic Watch: China increases financing support for small businesses

A quick royal recap: While Meghan, like her sister-in-law Kate Duchess of Cambridge, is still widely, colloquially called by her maiden name, when both women married into the royal family they gave those surnames up. Meghan’s official name after tying the knot was Her Royal Highness The Duchess of Sussex. If she wanted to she could also have either used Mountbatten-Windsor, the royal family’s official surname, or Sussex or should she need to sign anything, simply ‘Meghan’ given members of the royal family rarely use surnames. … [Read more...] about Meghan Markle’s Girl Up speech exposes her plan after ditching royal life

The new U.S. law, as those that came before it, once again tramples on international law and the basic norms of international relations, turns a blind eye to the Chinese government's legal jurisdiction in Hong Kong, and tries to delegitimize Beijing's efforts to maintain national security in the Chinese city. … [Read more...] about Commentary: When it comes to Hong Kong’s stability, Beijing won’t budge

However, this proposed long-term alignment with China has its opponents. Former president Mahmoud Ahmadinejad has led the criticism, and, oddly, found support from Prince Reza Pahlavi, the late Shah’s son; an example of a revolutionary mindset combining with a deep sense of Persian superiority. There are fears that Iran’s valuable natural resources will be mortgaged to an untrustworthy partner. Religious hardliners point to China’s repression of the Uighur Muslims. The Majlis — the Iranian parliament — is now dominated by conservatives; most reformist candidates were disqualified by the regime as it circled the wagons in the face of rising public discontent. These conservative members are likely to react strongly to any suggestion of ceding sovereignty to China for economic gains when the pact is put to them. The Supreme Leader, however, supports the proposed deal. This, combined with the attraction of economic prosperity, makes it difficult to say where … [Read more...] about Neither East, Nor West, Only China | Opinion

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