※ China, fiercely confronting the US over controversies such as the origin of COVID-19 and the enactment of the Hong Kong National Security Law
※ China counters with economic weapons like exchange rates and the world's largest domestic market!
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- According to the official organ of China’s Gonsandang, the People’s Daily, the President met with economic figures and emphasized, “We must take satisfying domestic demand as the foundation for development and establish a complete domestic consumption system. We must vigorously promote innovation in science and technology and create more growth points.”
Regarding this, the Hong Kong South China Morning Post reported on the 25th, “China is pushing a new development plan focused on cultivating the domestic market rather than the export-driven growth model, in preparation for severing ties with the West including the US after COVID-19.”
[Today’s stocks of interest]
#UnionMaterial #POSCO M-TECH #T-PLEX #Novatech #Samsung Electronics
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