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Global stocks skid as Hong Kong returns as Sino-U.S. flashpoint

Global shares tumbled on Friday as Hong Kong‘s political unrest returned as a flashpoint in fast-deteriorating U.S.-China relations, following Beijing‘s moves to impose a new security law on the city.

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Rudderless after a rally, stock markets look for next catalyst

Global equity markets have shuffled up about 1% this month despite the world starting to re-open after the coronavirus-driven lockdowns and U.S. and European economic data showing glimmers of a recovery.

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China defence spending rise at three-decade low, still to grow 6.6%

China‘s defence spending this year will rise at the slowest rate in three decades but will still increase by an impressive 6.6% from 2019, as the country grapples with what it sees as growing security threats and a wilting economy.

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China drops GDP goal as parliament opens, virus slams economy

China dropped its annual growth target for the first time on Friday and pledged more government spending as the COVID-19 pandemic hammers the world‘s second-biggest economy, setting a sombre tone to this year‘s meeting of parliament.

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Activists call for Hong Kong to rise up against new security laws

Hong Kong activists called on Friday for people to rise up against Beijing‘s plans to impose national security legislation in the city, prompting alarm that the new laws could erode its freedoms through "force and fear".

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Reinforcements sent to California border hospital hit by coronavirus surge

Emergency medical reinforcements began work on Thursday at a small Southern California hospital straining to cope with a recent surge in coronavirus patients, some of them turned away from overwhelmed hospitals across the border in Mexico.

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U.S. senators seek to sanction Chinese officials over Hong Kong

Republican and Democratic U.S. senators said on Thursday they would introduce legislation to impose sanctions on Chinese officials for violating Hong Kong‘s independence, after Beijing moved to impose a new security law on the former British colony.

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North Korea‘s Kim keeps low public profile in May: analysts

North Korean leader Kim Jong Un has made an unusually small number of public appearances in the past two months, once again going three weeks without state media reporting his attendance at a public event, according to analysts.

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China says it will still pay attention to economic growth rate

China will still pay attention to its economic growth rate despite opting not to set a target this year due to heightened uncertainties stemming from the COVID-19 pandemic, an official of the country‘s cabinet said on Friday.

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China sets defence spending rise at three-decade low

China‘s defence spending this year will rise at the slowest rate in three decades but will still increase by an impressive 6.6% from 2019, as the country grapples with what it sees as growing security threats and a wilting economy.

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How South Korea turned an urban planning system into a virus tracking database

When a man in Seoul tested positive for the new coronavirus in May, South Korean authorities were able to confirm his wide-ranging movements in and outside the city in minutes, including five bars and clubs he visited on a recent night out.

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Mission of Mercy: On duty at Japan‘s ‘last-chance‘ hospital for coronavirus

Two paramedics jump out the back of an idling ambulance with Tokyo plates, carefully lowering an elderly woman on a stretcher. The patient, her small face covered with an oxygen mask, disappears behind St. Marianna‘s automatic doors.

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Hong Kong activists call for protest march against new security laws

Hong Kong activists called for a protest march on Friday against Beijing‘s plans to impose national security legislation in the semiautonomous city, raising concerns over its freedoms and its status as a global financial hub.

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Taiwan urges China to start dialogue with Hong Kong people

Taiwan urged China on Friday to "sincerely start a dialogue" with people in Hong Kong after China proposed new national security legislation for the former British colony.

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China drops GDP goal, vows spending as virus overshadows parliament

China dropped its annual growth target for the first time on Friday and pledged more government spending as the COVID-19 pandemic hammers the world‘s second-biggest economy, setting a sombre tone to this year‘s meeting of parliament in Beijing.

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China misses 2019 energy efficiency target: state planner

China fell short of its energy efficiency goals in 2019, cutting the energy consumed per unit of gross domestic product by 2.6%, lower than its target of 3%, the country‘s state planning agency said on Friday in a report to parliament.

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China says 2020 defence spending to rise 6.6%

China‘s defence spending this year will rise 6.6% from 2019, according to a report issued at the opening of the country‘s annual meeting of parliament on Friday, a slower rate than last year.

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Factbox: Reactions to China move to impose security laws on Hong Kong

Beijing is moving to impose new national security legislation on Hong Kong following last year‘s often violent anti-China unrest that plunged the city into its deepest turmoil since it returned to Beijing rule in 1997.

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Japan‘s elderly workers, once key to Abenomics, suffer as pandemic closes businesses

On a recent Saturday in Tokyo‘s Shinjuku district more than 100 people, many of them elderly men, stood close together in a long queue waiting for food hand-outs.

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Taiwan urges China not to lead Hong Kong into ‘bigger turmoil‘

Taiwan‘s government urged China on Friday not to lead Hong Kong into "bigger turmoil" due to wrong policy decisions, after China proposed new national security legislation for the former British colony.

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Hong Kong leads Asian shares lower as Beijing readies new security law

Hong Kong shares tumbled on Friday after Beijing moved to impose a new security law on the city after last year‘s pro-democracy unrest, risking fresh protests and further straining fast-deteriorating U.S.-China ties.

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China‘s fiscal revenue may maintain declining trend in second quarter: finance ministry

China‘s fiscal revenue may maintain a declining trend in the second quarter due to significant economic uncertainties, although it may start growing in the second half of the year, the finance ministry said on Friday.

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China drops GDP goal, pledges higher spending as parliament starts

China omitted a 2020 economic growth target for the first time and pledged government support for the economy in Premier Li Keqiang‘s work report on Friday, launching the country‘s annual parliament meeting.

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China law requires Hong Kong to enact national security rules as soon as possible

China‘s proposed new legislation for Hong Kong requires the territory to quickly finish enacting national security regulations under its mini-constitution, the Basic law, according to a draft of the legislation seen by Reuters.

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