Xi's Tech Park Visit Sends Stocks Higher - China Last Night

Jimmy Lai sentenced; Xi on Sci-tech self-reliance; Japan elections; US-China; Nanjing Museum case; AI propaganda

Today’s top items:1. Xi on Sci-tech self-reliance - On Monday Xi inspected the National Information Technology Application Innovation Park in Yizhuang, Beijing. So far we only have very short propaganda reports on the visit:On the morning of the 9th, General Secretary Xi Jinping inspected scientific and technological innovation work at the National Information Technology Application Innovation Park located in Yizhuang, Beijing. He entered the ex…

Xi's Tech Park Visit Sends Stocks Higher - China Last Night

Key News Asian equities had a very strong start to the week following US stocks’ Friday rip higher as the US dollar weakened versus local currencies. China’s currency, the renminbi (CNY), hit another 52-week high versus the US dollar, closing at 6.92 for the first sub-6.93 closing since May 2023. Mainland media covered President Xi’ visit to the National Information Technology Innovation Park extensively. There, he met with “researchers and tech…