HEADLINE People's Daily Tonight: Podcast News (4/11/2018 Wed.)


People's Daily Tonight: Podcast News (4/11/2018 Wed.)

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20:26, April 11, 2018


This is People’s Daily Tonight, your news source from China.


China details opening up measures in financial sector


China announces reforms on foreign capital entering China’s financial market.

They include canceling the foreign capital ceiling in establishing commercial banks, raising the ceiling of foreign holdings in stock brokerages to 51 percent, and quadrupling the current quota of the mainland-Hong Kong stock connect.

But the central bank governor also says financial sector regulation will also step up together with the opening up of the industry.


Chinese mainland warns US not to interfere in Taiwan affairs


Chinese mainland authorities repeat opposition to US weapons sales to Taiwan.

A spokesman for the mainland’s Taiwan Affairs Office says the mainland firmly opposes any government exchanges and military links between the US and Taiwan, as well as all forms of arms sales to the island.

He added that the Taiwan issue concerns China's key national interests and Beijing will not make any compromise on the issue.


Russia vetoes US resolution on Syria in UNSC


Russia vetoes a move to investigate an alleged chemical weapons attack in Syria.

Twelve members of the UN Security Council voted in favor of the draft, and only Bolivia and Russia voted against it.

China abstained.

The draft would have established a new investigative mechanism for one year, as well as identify those responsible for the use of chemical weapons.


Military plane crashes near Algerian capital


An Algerian military transport plane crashes near the capital.

Reports say around 100 soldiers were on board.

There was no immediate word on casualties after the plane went down near an airbase soon after taking off.

Algerian television showed images of the burning wreckage.


White House: Trump believes he can fire Mueller


US President Donald Trump can fire special counsel Robert Mueller.

That’s according to the White House.

Trump says it was a "disgrace" that the FBI "broke into" his lawyer's office.

He calls Mueller's investigation "an attack on our country."

Trump believes the raid on personal lawyer Michael Cohen's office went "too far."

White House Press Secretary Sarah Sanders says Trump "certainly believes that he has the power" to directly fire Mueller.


Chinese navy to conduct three-day drill near Sanya


The Chinese navy will conduct a three-day drill near Sanya, South China's Hainan Province this week.

The navy’s governing body says it is prohibited to enter the area because of the military exercises from April 10 to April 13.


Beijing launches points-based hukou system


And migrants can apply for the Beijing hukou, or household registration, through a points-based system starting April 16.

A municipal government report says the final quota for new Beijing hukou remains to be decided.

The report says the quota will depend on the yearly population target and the number of applicants.


And that’s People’s Daily Tonight.  Thanks for joining us.

(Produced by David Nye, Wang Yi and Wu Kai )

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