On July 1, the Communist Party of China (CPC) celebrated its 97 th anniversary.
The party has 89 million members and its reach among the college going students has faced any drastic shrinkage with 1.7 million student members. Around a fourth of its members are below 30 years of age.
July 1, 2018 also marks the 21 st anniversary of Hong Kong’s return to China. Thee have been celebrations and the pro-democracy protests have been amongst the smallest in years. Carrie Lam, the Hong Kong chief executive expressed confidence in Beijing’s leadership and Hong Kong’s future
Most FIFA venues have witnessed large number of sponsorships and hoardings from Chinese firms. This may well be an indication of the next super power inching towards the throne room.
China has also extended an additional $1 billion to secure Pakistan’s falling forex reserves. With this transfer China has lent about $ 5 Billion in the financial year ending in June. Pakistan is expected to seek IMF funds after the July 25 election.
