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10.10.2024

The Day of Market Swings and National Pride

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This page is an archive of main headlines from China for 10.10.2024.

It displays 51 headlines from many sources chronologically, as they appeared throughout the day, accompanied by AI overviews that were written in real time.

10.10.2024The Day of Market Swings and National Pride
China's stock market experienced significant volatility, prompting the central bank to launch a 500 billion yuan swap facility to boost liquidity. The move comes amid concerns over economic challenges and production overcapacity. Taiwan's Double Ten National Day celebrations saw President Lai Ching-te emphasizing Taiwan's independence from China in his first address, stating that the PRC has no right to represent Taiwan. Meanwhile, Xi Jinping extended greetings to the elderly on the eve of China's Seniors' Day and encouraged the Red Cross Society to enhance humanitarian services. The day also saw discussions on deepening ASEAN market integration and potential trade tensions with Europe. A draft law to elevate and protect China's private sector was introduced, signaling efforts to boost economic confidence.
10.10.2024
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04:47

04:48Xi's Outreach and Economic Boost: A 500 Billion Yuan Lifeline

The newspapers report on Xi Jinping's recent communications, including a letter to Red Cross volunteers (China Daily, Xinhua) and congratulations to Tunisia's re-elected president (Beijing Daily, Guangming Daily). Economic measures are highlighted, with China's central bank launching a 500 billion yuan swap facility to boost market liquidity (Global Times, South China Morning Post, Caixin Chinese). Hong Kong's bar industry urges tax cuts on hard liquor amid business slump (Hong Kong Free Press).
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10:39
在节前经历多日连涨后,10月8日中国A股出现历史性的一幕——沪指高开10.13%,创业板指甚至高开18.44%;全天收盘上证指数上涨4.59%。第二天,沪指暴跌6.62%,深证成指跌8.15%,创业板指跌10.59%。
10:39
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10:55

10:56Xi's Silver Age Focus Amidst Economic Waves and Taiwan Tensions

The newspapers report on Xi Jinping's letter to "Silver Age Action" elderly volunteers, emphasizing senior welfare (Beijing Daily, China Daily, People's Daily). Economic volatility is highlighted, with stock market fluctuations and potential new fiscal policies (BBC Chinese, Caixin Chinese). Taiwan's identity debate resurfaces, with Vice President Lai Ching-te asserting China's lack of authority over Taiwan (DW Chinese, VOA Chinese). Diplomatic efforts are noted between China and Japan (South China Morning Post).
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14:47

15:11Taiwan's Defiant National Day Address

The newspapers report on Taiwan's National Day address by Vice President Lai Ching-te, asserting Taiwan's sovereignty and independence from China (BBC Chinese, VOA Chinese). Economic news focuses on the sentencing of a former central bank official for corruption (Caixin Chinese) and challenges in green hydrogen production (Caixin Global). Xi Jinping's emphasis on respecting the elderly continues to be highlighted (Beijing Daily, China Daily, Guangming Daily).
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23:43
President Xi Jinping extended greetings to the elderly ahead of the country's Seniors' Day, which falls on Friday, and he called on the silver-haired group nationwide to continue their pursuits to live a fulfilling life.
23:43