Mar 8, 2019

Xi's thought on diplomacy is "epoch-making"

Chinese Foreign Minister Wang Yi at March 8 press conference. Photo: Lintao Zhang/Getty Images

Chinese Foreign Minister Wang Yi held a press conference at the National People's Congress Friday to discuss China's diplomatic work.

Details: Xinhua English's lead story reports on Wang's comments...



The big picture: The ideological tightening inside China has contributed to a more rigid and shrill group of PRC diplomats. Earlier this week Bloomberg reported on this trend...



Meanwhile, Wang also weighed in on the U.S. case against former Huawei CFO Meng Wanzhou and Huawei's lawsuit against the U.S. government, SCMPreports:


Go deeper: Read more highlights of Wang's comments via CGTN and Global Times.

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#MeToo gets Weinstein

A man carries out Weinstein's walker. Photo: Johannes Eisele/AFP/Getty Images

Hollywood titan Harvey Weinstein is now a convicted rapist, two years and four months after accusations against him helped ignite the #MeToo movement.

Why it matters: To date, #MeToo has resulted in hundreds of powerful men losing their jobs. Seven have been criminally convicted, with four others still facing charges.

Stocks fall more than 3% as coronavirus cases spike

Photo: Johannes Eisele/AFP via Getty Images

Wall Street had its worst day in two years on Monday, following a spike in coronavirus cases in South Korea and Italy. The S&P 500 fell 3.3%, the Nasdaq Composite fell 3.7% and the Dow Jones Industrial Average sunk 1,030 points (3.5%).

The big picture: This is the U.S. stock market's biggest reaction thus far to the coronavirus, largely shrugging it off as a threat to the global economy (though the bond market has not). While the S&P is down from record highs — which it notched last week — the index is still above lows touched earlier this year.

Go deeperArrowUpdated 2 hours ago - Economy & Business