( 5 mins read ) The new law formalizes a large role for mainland security organs in Hong Kong, raising corporate espionage and surveillance risks for businesses. Mainland officials will exercise direct control over national security policy and law enforcement
( 3 mins read ) In tacit recognition that a military response to China’s aggression on an undemarcated border could be foolhardy and unpredictable, India has embarked on a twin strategy of inflicting near-term economic pain on China while planning
( 6 mins read ) Sino-Australian relations have deteriorated sharply across a range of issues, including trade, investment, security, cybersecurity, Covid-19, and human rights. Australia’s relationship with China may offer a preview of trends that are also beginning to emerge
( 4 mins read ) The US State Department announced on 26 June that it will impose visa restrictions on current and former Chinese officials alleged to be complicit in undermining Hong Kong’s autonomy. The State Department action appears designed
( 5 mins read ) China’s legislature is poised to use an expedited process that enabling to enact the new Hong Kong National Security Law (NSL) by the end of June. An official summary of NSL offers new detail about
( 4 mins read ) Arabic Beijing has reported 137 new Covid-19 cases since 12 June, following 50 days of no new local cases. The latest incident will offer a test of whether partial lockdown measures can succeed in containing
( 6 mins read ) China’s foreign policy has grown more combative in recent years, and the Covid-19 pandemic has accelerated this trend. Beijing still cares about maintaining friendly relations with the world, but domestic politics create countervailing incentives to
( 4 mins read ) The recent resignation of two elected opposition (Congress I) lawmakers from their positions in the Gujarat provincial legislative assembly and their subsequent defection to the ruling Bharatiya Janata Party (BJP) would not normally have caused political waves.
A 7 point enforcement guidelines on article 43 of #NSL was passed at the 1st national security committee meeting today, allowing HK police on national security cases to:
1) search premises with approval from a police force director instead of a court warrant
La oferta del canje generó optimismo en el mercado. Algunas acciones suben hasta 20% y bonos entre 4 y 5%.
Muy buena propuesta de Canje.
Con niveles de NPV aceptables para los acreedores y acordes a las posibilidades del país.
Muy buen diseño de los incentivos, desalentando el ser holdout.
Una propuesta justa que debiera tener una alta participación.
Para el turno mañana, ya salió un nuevo episodio del podcast semanal "la economía en 3 minutos". La Argentina a contramano en el Mercosur. @prbondnews
Despite her ignominious tenure as defense minister, Inada Tomomi wants to run in the next leadership election -- although admits that it may be difficult to secure the necessary 20 endorsements. https://digital.asahi.com/articles/ASN765H1FN76UTFK00C.html
First Telegram, now WhatsApp: messaging apps say they won’t comply with court ordered requests in #hongkong pending a review following #NationalSecurityLaw . Full WhatsApp statement below: https://www.google.com/amp/s/uk.mobile.reuters.com/article/amp/idUKKBN2471E5
From a friend: Friends in Beijing report that this morning, local time, Professor Xu Zhangrun was formally detained. Some ten police vehicles and dozens of police officers were involved in the operation.
Extremely interesting interview by @CarolineGruyter with Guy Abeille, the inventor of the 3% deficit rule. Many people think that the 3% deficit and 60% debt limits are grounded in German economic orthodoxy. It was in fact a French invention in 1981 (thread) https://twitter.com/CarolineGruyter/status/1280048973122809856
De fameuze 3 procent-regel voor begrotingstekorten “heeft geen enkele economische basis,” zegt de uitvinder ervan, Guy Abeille. “Het is een politiek getal.” https://www.nrc.nl/nieuws/2020/07/06/limiet-van-3-procent-was-een-arbitrair-formuletje-a4005054
Nevertheless, the president enjoys broad public support for his COVID-19 response. In its July survey, @Poliarquia_ found 62% of Argentines approve of the public health measures, though that's down from 84%.
Will be interesting to see if other countries end up emulating China here, or if they will be content to rely on stockpiling and Chinese supply post pandemic.
Seems clear that Chinese supply will be there ...
Great work as usual by @KeithBradsher