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China’s property bubble just got pricked — this could mean trouble for the stock market

Reuters

China strengthens land border protection with new law

China passed a law on Saturday to strengthen border protection amid a protracted standoff with India, worries about spillover effects from Taliban-controlled Afghanistan and the spread of COVID-19 from Southeast Asia. The Land Borders Law will not necessarily change how border security is handled when the measure takes effect on Jan. 1, but it reflects China’s growing confidence in its capability to manage its frontiers. China has been closely watching neighbouring Afghanistan, where the Taliban returned to power in August, to guard against a possible inflow of refugees or Islamic extremists crossing over to link up with the Muslim Uyghurs in China’s Xinjiang region.

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