In today’s briefing:
- North Korea Fires Rockets Across NLL – First Time Since 1953
- CX Daily: Will Fosun’s $2.2 Billion Steel Unit Sale Save The Conglomerate?
- CX Daily: Yuan Gets More International Love As Dollar Rivalry Grows
North Korea Fires Rockets Across NLL – First Time Since 1953
- In the past few hours, it was reported that North Korea fired at least 23 missiles crossing the NLL (Northern Limit Line) for the first time in 1953.
- KJU’s approval to fire missiles below NLL is likely to be part of a larger potential military confrontation in North Asia (including Korean Peninsula and Taiwan).
- We do not believe KJU gave the orders to fire rockets below NLL on his own but likely to have received the support of Xi Jinping.
CX Daily: Will Fosun’s $2.2 Billion Steel Unit Sale Save The Conglomerate?
In Depth: Will Fosun’s $2.2 billion steel unit sale save the conglomerate?
Covid lockdowns stoke merchant concerns ahead of peak shopping season
Trending in China: Social media users hail the return of a top Chinese biologist from the U.S.
CX Daily: Yuan Gets More International Love As Dollar Rivalry Grows
Yuan / In Depth: Yuan gets more international love as dollar rivalry grows
China-Vietnam / Xi pledges supply chain stability with Vietnam
PMI / China’s manufacturing contracts for third straight month, Caixin PMI shows
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