Weekly

The vacancy left by Japanese Prime Minister Shinzo Abe's resignation due to illness has locked in the candidate, because traditionally Japan will be held by the president of the largest party in parliament, but yesterday Yoshihide Suga was elected as the president of the Liberal Democratic Party of Japan.

So he will succeed Shinzo Abe as the new prime minister. The new prime minister's China policy has attracted much attention. Yoshihide Suga, who was born in the Chief Cabinet Secretary, has been a confidant of Shinzo Abe since he worshipped him.

In spite of the opposition of the Japanese Ministry of Justice and the Police Department, the restrictions on Chinese tourist visas were relaxed to attract more Chinese tourists to Japan; But he was also the first Japanese cabinet official to pay attention to the National Security Law of the Port Area.

In addition, during his competition for the president of the Liberal Democratic Party, he indicated that the Japan-US alliance is the foundation of Japan's diplomacy, and it can be expected that he may seek cooperation with China economically, but even the United States will be the leader in science and technology policy on military or South China Sea issues.

President Xi Jinping held a video conference with EU leaders yesterday. During the discussion, issues such as Hong Kong, epidemic situation and trade were involved. German Chancellor Michelle, who holds the rotating presidency of the EU, said that the EU will continue to pay attention to the problems caused by the National Security Law of the Port Area.

It means that in Hong Kong, the voice of democracy should be heard, rights should be protected, and autonomy should be guaranteed. These are the unanimous responses of EU member States. The EU reiterates that it will not take sides with either China or the United States in trade.

However, it pointed out that the EU increasingly felt that China had failed to fulfill its fair trade commitments and urged China to follow up. Affected by AstraZeneca's resumption of vaccine testing in novel coronavirus, and Oracle's cooperation with ByteDance in China to operate TikTok's business in the United States,

And NVIDIA's acquisition of ARM, a leading global semiconductor company held by Softbank, led to the success of the US stock market yesterday, with all three major indexes closing up more than 1%. The U.S. dollar was eclipsed by the success of the U.S. stock market and dragged down by the news of Britain's hard Brexit.

The US dollar index once fell from 93.3 to 92.9 yesterday, while the gold price rose due to the US dollar index, with the highest reaching 1962 US dollars per ounce and the lowest reaching 1937 US dollars per ounce, and closed at 1956 US dollars per ounce, up 16 US dollars.

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