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Draft of futures law signals market development

Draft of futures law signals market development By SHI JING in Shanghai | China Daily | Updated: 2021-04-27 09:08 Share A pedestrian passes the Shanghai Futures Tower. [Photo provided to China Daily] China s first futures law, a draft of which was submitted to the country s top legislator on Monday for initial revision, is expected to regulate and further promote the development of the futures market in the country, experts said. The Standing Committee of the 13th National People s Congress, China s top legislature, began its 28th session on Monday. During the four-day session, the purposes, principles and supervision mechanism of the futures law will be reviewed. The legislature will also review stipulations for trading, settlements and transactions, basic mechanism for other derivatives trading, protection for futures investors, futures management institutions and trading venues.

European Union set to allow American tourists to travel this summer

France sends medical supplies in international drive to aid Covid-stricken India

France has begun sending oxygen generators destined to become long-term fixtures of hospitals in India, which has begun receiving the first deliveries of foreign aid to help it face a surging Covid-1…

India records 320,000 new Covid-19 cases as foreign help arrives

India records 320,000 new Covid-19 cases as foreign help arrives Municipal workers prepare to bury the body of a person who died of Covid-19 in Gauhati, India, Sunday, April 25, 2021 (AP Photo/Anupam Nath)  AP Reporters 27 April, 2021 06:59 India recorded more than 320,000 new cases of coronavirus infection on Tuesday as the country’s sinking health system started receiving much-needed support from foreign nations. Tuesday’s 323,144 new infections raised India’s total past 17.6 million, behind only the United States. It ended a five-day streak of recording the largest single-day increases in any country throughout the pandemic, but the decline likely reflects lower weekend testing rather than reduced spread of the virus.

China proposes a global package to improve the planet s health

China proposes a global package to improve the planet s health By Seymur Mammadov | chinadaily.com.cn | Updated: 2021-04-26 14:36 Aerial photo taken on Aug 19, 2020 shows wind turbines in Jiucaiping scenic spot in Southwest China s Guizhou province. [Photo/Xinhua] Hosted by the United States, the Virtual Climate Leadership Summit was the first major international gathering of leaders from the world s leading countries in 2021, a platform for critical proposals and statements. The speech at the virtual summit of President Xi Jinping became one of the most constructive and meaningful in creating the ecology of the future on the planet. In his speech, Xi stressed that one of the most important conditions for cooperation is the fact that countries must fulfill their promises to combat climate change instead of breaking their vows. And this was not said by chance.

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