South China Morning Post

Dear SCMP Readers,

We are pleased to share with you several of our exclusive stories this week. We met International Monetary Fund chief Christine Lagarde, who warned about staggering global debt. We also spoke to Philippine Foreign Secretary Alan Peter Cayetano, who revealed why his boss President Rodrigo Duterte and President Xi Jinping get along ­­– they’re both “tough guys”. Closer to home, we have the scoop on missing tycoon Xiao Jianhua: he will be tried in a Chinese court soon.

Happy reading and enjoy your weekend!

Tammy Tam

Netherlands keen on belt and road strategy – if China is willing to open up

Dutch Prime Minister Mark Rutte sees China’s ‘Belt and Road Initiative’ as an opportunity while suggesting more open tendering before meeting Li Keqiang … Read more

IMF chief expresses concern over global debt … including China’s
Managing director of International Monetary Fund says also that governments must ‘steer clear of protectionism in all its forms’ …
Read more
China-Philippines oil and gas exploration deal for South China Sea ‘near’
The Philippine Foreign Secretary Cayetano reveals during Hong Kong trip that Beijing and Manila have accepted each other’s ‘red lines’ regarding sovereignty claims … Read more
Missing Chinese tycoon Xiao Jianhua ‘could face trial soon’
Tomorrow Group founder may receive lighter treatment for cooperating with China’s crackdown on ‘big crocodiles’ … Read more
Q&A: Philippine foreign minister on why Duterte and Xi get along
President Rodrigo Duterte’s top foreign official likens the two leaders to street tough guys – or ‘sigas’ – who respect each other and don’t want to fight … Read more
Hong Kong’s currency peg could remain, IMF’s Lagarde says
The Hong Kong dollar, the biggest loser among a dozen Asian currencies against the euro last year, weakened to 7.8499 per US dollar on Wednesday, the weakest level since 1983 … Read more
Xiaomi’s billionaire founder reveals his formula for success
Xiaomi is seeking to reclaim the smartphone sales crown in China within 10 quarters as it works toward a widely expected IPO … Read more
Discover more stories on scmp.com

Source: South China Morning Post

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