World this week
Demonstrators in Hong Kong gathered outside the office of the city's leader on June 17, demanding that she step down in the crisis over a highly unpopular extradition amendment bill that has tested the durability of China's promises to respect the former British colony's quasi-autonomy.
The mostly young protesters blocked a street near the city's waterfront as they stood outside the office of Chief Executive Carrie Lam chanting calls for her to cancel the proposed legislation.
Nearly 2 million Hong Kong residents, young and old, joined a march the previous day that lasted late into the night to express their frustrations with Lam and the extradition bill, backed by Beijing. It has been sus[ended in the face of protests, that call for it to be withdrawn.
Chinese President Xi Jinping will make a state visit to North Korea this week, state media announced, while U.S. talks with North Korea on its nuclear program are at an apparent standstill. Xi will meet with North Korean leader Kim Jong Un during the visit on Thursday and Friday, Chinese state broadcaster CCTV said. It said the trip will be the first by a Chinese president in 14 years.
North Korea's official Korean Central News Agency also announced the visit, but provided no further details. The visit coincides with the 70th anniversary of the establishment of diplomatic relations between China and North Korea, CCTV said. Kim traveled to the Russian Far East in April for a meeting with Russian President Vladimir Putin. The move was viewed as aimed at strengthening his leverage over Washington.
Huawei's founder said Monday that the Chinese telecom giant's revenue will be $30 billion less than forecast over the next two years, as he compared the company to a "badly damaged plane" as a result of U.S. government actions against it.
"We never thought that the U.S.'s determination to attack Huawei would be so strong, so firm," Ren Zhengfei, who is also the CEO, said during a panel discussion at the company's headquarters in Shenzhen, China. Ren said Huawei will reduce capacity and expects revenue of about $100 billion annually for the next two years, compared with $105 billion in 2018. In February, he said the company was targeting $125 billion in 2019.
Iran announced it will exceed the uranium stockpile limit set by Tehran's nuclear deal with world powers in the next 10 days, further escalating tensions in the Mideast. The June 27 deadline comes ahead of another, July 7 deadline for Europe to come up with better terms for Iran to stay in the accord. If that second deadline passes without any action, Iranian President Hassan Rouhani says the Islamic Republic likely will resume higher uranium enrichment.
Iran struck the nuclear deal in 2015 with the United States, France, Germany, the United Kingdom, Russia and China. President Donald Trump withdrew America from the accord in May 2018, apparently because it didn't address Iran's ballistic missile program or its involvement in regional conflicts,
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