China in Focus (May 22): Hong Kong Fears the Worst Under New Law

May 22, 2020 Updated: May 23, 2020

For the first time in 30 years, China is not setting a goal for economic growth this year. Top politicians also asked all levels of the government to cut spending.

Beijing is accelerating the process of its new legislation on Hong Kong. Hong Kongers worry this could lead to an end of the city’s autonomy and freedom. One lawmaker speaks with us about the despair and string of hope.

In an unusual move, Chinese leaders didn’t use the word “peaceful” when talking about ruling Taiwan, a shift from its standard practice for the past decades.

China’s hard-hit northeastern province, Jilin, ramps up its control and prevention measures against the virus.

And China’s Luckin Coffee sees its share prices plunge on the U.S. stock exchange. Banks who loaned money to the company are now filing court orders against it.

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