Katyusha News Reference ——June 5, 2021

. The New Federal State of China News 

1. Sen. Marco Rubio is calling on President Biden to fire Dr. Anthony Fauci, writing in an op-ed June 5 that it is time for the president to make good on his promise to “choose science over fiction.”

2. On June 5’s broadcast of the Fox News Channel’s “Fox News Live,” Rep. Nicole Malliotakis said that we need to know what was in the redacted portions of emails from White House Chief Medical Adviser Dr. Anthony Fauci discussing the Wuhan Institute of Virology.

3. Republican Study Committee (RSC) Chairman Jim Banks said on June 5 that the Democrats’ Schumer bill against the Chinese Communist Party is a “huge scam that will help the Chinese” and hurt Americans.

4. “US-CN Parts of this trading relationship are unhealthy and have, over time, been very damaging to the U.S. economy,” Trade Representative Katherine Tai told reporters on June 5 in response to a question about whether the United States would pursue a trade deal.

5.” CCP plans to tie Afghanistan to the Belt and Road Initiative as the withdrawal of NATO forces from the country paves the way for Beijing’s return to one of the former nations of the Highway. Speaking at a trilateral meeting earlier this week between China, Pakistan and Afghanistan, Wang Yi explicitly highlighted Beijing’s signing economic plan, telling his counterparts that “the three countries should deepen high-quality ’Belt and Road’cooperation.”

6. On June 4, the Ministry of Finance, the Ministry of Natural Resources, the State Administration of Taxation and the People’s Bank of China jointly issued a notice on the transfer of four government non-tax revenues, namely, the transfer of state-owned land use right, the special income of mineral resources, the use of sea areas and the use of uninhabited islands, to tax authorities. The most important part is the revenue from the transfer of state-owned land use rights, or land transfer fees, which will be collected by tax authorities. The trial will begin in some provinces and cities from July 1 this year and will be fully implemented from January 1, 2022.

7. Global food prices have extended their rise to the highest level in nearly a decade, increasing concerns about ballooning grocery bills in the struggle to the economy’s crisis. A United Nations measure of food cost around the world rose for the 12th straight month in May. Higher food costs could fuel broader inflation, complicating central banks’ efforts to provide more stimulus.

8. Recently, Google held the 2021I/O developer conference, the official announcement of Android 12 new system will distribute to mobile phone manufacturers in the first time. Google released the list of mobile phone manufacturers that support Android 12 system. Xiaomi, OV, OnePlus and other Chinese domestic mobile phone manufacturers were all in the list except Huawei, which means Huawei has been “removed” from Android 12 system application.

9. Former U.S. President Donald Trump sent a strong signal to the Chinese Communist Party on June 5 to pay “reparations” to the world for the devastation caused by the pandemic.

10. Thousands demonstrated against Fudan University’s planned campus in Budapest, saying the project reflects Hungarian Prime Minister Viktor Orban’s disregard for democratic values.

11. The Lancet set up a “task force” to investigate the origin of the CCP virus that caused the global pandemic, but it surprisingly decided to hire Daszak, the man who funded the Wuhan lab’s dangerous function research, as its leader.

II. World News

1. Three top U.S. senators will visit Taiwan to meet with its top leaders June 6 amid a period of tense relations between the United States and China. Sens. Tammy Duckworth, D-Ill., Chris Coons, D-Del., and Dan Sullivan, R-Alaska, are making the visit as part of a broader trip to Asia, according to the American Institute in Taiwan.

2. A group of the world’s richest nations reached a landmark deal on June 5 to close cross-border tax loopholes used by some of the world’s biggest companies. The Group of Seven said it would back a minimum global corporation tax rate of at least 15 percent, and put in place measures to ensure taxes were paid in the countries where businesses operate.

3. U.S. senators have visited Taiwan, including Tammy Duckworth, who said June 6 that the United States will donate 750,000 doses of the virus to Taiwan as part of the country’s worldwide vaccine sharing program, providing a much-needed boost to Taiwan’s fight against the pandemic.

4. The G-7 finance ministers, who kicked off a two-day meeting in London on June 4, will sort out potential issues arising from state-issued digital currencies, with the aim of announcing new rules as soon as this fall.

Himalaya Moscow Katyusha (RU) Saturn & Yinhe

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