In the last 10 days. The u. S. And china trade new barbs. Washington rejects chinas claim to the South China Sea. Top u. S. Senators are facing mainland sanctions. Haidi u. S. China sentiments dominating again with the grim overlay of rolling back restrictions around the world. This is how we are shaping up when it comes to u. S. Futures contracts, up by. 2 after what was a truly volatile session. We had the s p 500 touching levels prepandemic and we also have the nasdaq hitting a fresh record before finishing in the red and we spoke about tesla being a huge part of that tech eventual close lower. Nikkei futures up by. 2 percent. Sydney futures escalating in the red, point 8 lower, looking like a set up of. 5 lower, this as we are expecting an announcement today that the fed of New South Wales will ease back those restrictions when it comes to indoor gatherings at pubs after cases coming from the pubs. It is now over 20. New zealand trading modestly higher, about. 25 . Some significant
Kyushu has suffered the brunt of the damage. A car was believed to be carrying a family when it was swept away by this river. Police are searching for the passengers. Cars lie overturned on local roads. Water reached the second floor of some homes, causing widespread damage. Translator water came up to about 20 cenentimeters on the second floor. Flooding also hit fields and greenhouses. One farmer says his 60 greenhouses were affected and the timing couldnt have been worse. Translator it was just before the harvest. The whole area around here was completely destroyed. The amount of damage may be around 93,000. The destruction also touched areas outside kyushu. In kyoto, a powerful mudslide plowed into three cars near an interchange. Officials say two drivers suffered minor injuries. In gifu, houses were engulfed or hid by landslides. Officials say about 2,300 people in two cities there remain unreachable. In total, more than 4,700 houses were flooded across 22 prefectures. Officials ar
News agency says explosion was heard and smoke was seen rising from the joint Industrial Complex in kaesong. Iit was oopened in 2018 after t two countries agreed to work to denuclearize the Korean Peninsula. Its the first facility where officials from each side could contact each other 24 h hours a day. The blast comes days aftter norh Korean Leader kim jonguns younger sister threatened to demolish the office. She also criticized seeoul for allowing north korean defectors to send leaflets across the border on may 31st. Japans chief cabinet secretary says officials are closely watching events on the peninsula. Translator japan is working closely with the United States and south korea to gather, to monitor and to analyze the current security situation. South koreas president ial office convened a National Security meeting to discuss how to respond. Chinese authorities have confirmed more than 100 coronavirus cases in beijing over the past five days. The development is raising coconcerns
[applause] and ask for your job ration for the numbers of the national committee. Epidemic spreading and it is the most challenging Public Health emergency that china has encountered. We are fighting it with the sacrifice of our nation. Strategicde major achievements in response to covid19. We are promoting development. We fulfilled the targets and tests for economic and social development this year. The debut of the work in 2019 in first few modes of 2020 china faces many challenges. This let them and when this foundation reached the goal of prosperity the economy remained stable over all. The gdp rose 99 point with a 6. 1 increase over the previous year. New jobs were added. The Unemployment Rate was below 5. 3. Consumer prices rose by 2. 9 . A basic equilibrium was maintained in the balance of payments. The economic structure continued to improve, and the Development Priorities of regions are better aligned. Total retail sales of consumer goods exceeded 40 trillion yuan, and consump
National committee of the cppcc for their comments. The covid19 epidemic is the thee fastest spreading, most extensive, and most challenging Public Health emergency china has encountered since the founding of the peoples republic. Under the strong leadership of the Central Committee of the communist party of china with comrade xi jinping at its core, and through the hard work and sacrifice of our entire nation, we have made major strategic achievements in our response to covid19. At present, the epidemic has not yet come to an end, while the tasks we face in promoting development are immense. We must redouble our efforts to minimize the losses resulting from the virus and fulfill the targets and tasks for economic and social development this year. First, a review of our work in 2019 and the first few months of 2020. In pursuing Development Last year, china faced many difficulties and challenges. World Economic Growth was weak, International Economic and trade frictions intensified, and