Page 9 - Xi Jinping

China to promote currency swaps, reinforce cooperation with Asian economies

Bilateral currency swaps can facilitate trade and investment and are a useful addition to the global financial safety net, Governor Pan Gongsheng told the annual gathering of the Boao Forum for Asia

US CEOs extend China stay after last-minute invite to meet Prez Xi Jinping

Late on Friday, China relaxed its rules governing cross-border data flows. The move was seen as a response to complaints by foreign businesses that the restrictions were disruptive

Tim Cook's love for China helps Xi Jinping fight fears of economic slump

The People's Daily newspaper, an official mouthpiece for the Chinese Communist Party, has said that China is an indispensable part of the global supply chain

China relaxes rules governing cross-border data flows on business pressure

"The relaxations are meaningful. This is the government's response to foreign companies' complaints," said Tom Nunlist, an analyst at consultancy Trivium

China's EAM Wang Yi meets New Zealand counterpart to begin diplomatic tour

Chinese Foreign Minister Wang Yi met with his New Zealand counterpart Monday, as China's most senior diplomat began a tour of the country and Australia. Deputy Prime Minister and Foreign Minister Winston Peters greeted Wang in Wellington, New Zealand's capital. There have been some significant developments since we last met, not least a global pandemic that impacted both our countries," Peters said in his opening comments of their formal meeting at New Zealand's parliament house. Today is a valuable opportunity to reflect on the challenges and opportunities that are now before us. Wang is the highest-ranking Chinese politician to visit the country since his own previous visit in 2017. New Zealand has had strong economic ties with China in recent years, and was the first developed country to sign a bilateral free trade deal with Beijing in 2008. While in Wellington, Wang will also have brief meetings with Prime Minister Christopher Luxon and Trade Minister Todd McClay. China look

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China's nuclear missile force, army giving Xi sleepless nights: Here's why

Chinese President Xi Jinping purged two defence ministers within a matter of months last year as part of his widening programme to wipe out corruption within the country's armed forces

Nobel literature laureate Mo Yan accused of insulting China's heroes

His writing won China's first Nobel Prize for Literature, but is it patriotic enough for Xi Jinping's China? That's the question at the center of a high-profile lawsuit now driving a debate about nationalism in China. Patriotic campaigns have become more common in recent years in China, as online nationalists attack journalists, writers or other public figures they say have offended the country's dignity, but it is unusual for a figure as prominent as Mo Yan to be targeted. Patriotic blogger Wu Wanzheng, who goes by Truth-Telling Mao Xinghuo online, sued under a law that carries civil penalties and, in some cases, criminal punishments for perceived offenses against China's heroes and martyrs. Wu claimed Mo's books have smeared the Chinese Communist Party's reputation, beautified enemy Japanese soldiers and insulted former revolutionary leader Mao Zedong. The lawsuit filed last month demands that the author apologize to all Chinese people, the country's martyrs and Mao, and pay dama

India rejects China's objection to PM Modi's visit to Arunachal Pradesh

India on Tuesday strongly rejected China's objection to Prime Minister Narendra Modi's recent visit to Arunachal Pradesh, and asserted that the state "was, is, and will" always be an integral and inalienable part of India. External affairs ministry spokesperson Randhir Jaiswal said the Chinese side has been made aware of this "consistent position" on several occasions. Objecting to such visits by Indian leaders to Arunachal Pradesh or India's developmental projects in the state does not stand to reason, he said. "We reject the comments made by the Chinese side regarding the visit of the prime minister to Arunachal Pradesh," he said. China on Monday said it lodged a diplomatic protest with India over Modi's visit to Arunachal Pradesh last week, and reiterated its claim over the region by saying India's moves will "only complicate" the unresolved boundary question. Jaiswal said China's objection to such visits will not change the reality that Arunachal Pradesh "was, is, and will alw

China's Congress wraps session with unity behind Xi's vision for nation

China's national congress is wrapping up its annual session Monday with the usual show of near-unanimous support for plans designed to carry out ruling Communist Party leader Xi Jinping's vision for the nation. This year's weeklong event, replete with meetings carefully scripted to allow no surprises, has highlighted how China's politics have become ever more calibrated to elevate Xi. Monday's agenda is lacking the usual closing news conference by the premier, who in the past was responsible for economic affairs as the party's No. 2 leader the one time each year when journalists could directly question a top leader. The annual news conferences have been held most years since 1988, and the decision to scrap the event emphasizes Li Qiang 's relatively weak status. Past premiers have played a much larger role in leading key economic policies such as modernizing state enterprises, coping with economic crises and leading housing reforms that transformed China into a nation of ...

Jinping greets Zardari; says close China-Pakistan ties 'choice of history'

Chinese President Xi Jinping on Sunday congratulated Asif Ali Zardari on his election as the Pakistan President, saying that the iron-clad friendship between the two countries is a choice of history and the strategic significance of the ties has become more prominent in the light of current changes in the world. Zardari, the husband of late Pakistan Prime Minister, Benazir Bhutto was overwhelmingly elected as the 14th President of Pakistan on Saturday, becoming the only civilian president of the coup-prone country for a second time. Zardari, the co-chairperson of the Pakistan Peoples Party, was the joint candidate of the ruling alliance of the PPP and the Pakistan Muslim League-Nawaz (PML-N). In his message to Zardari on Sunday, Xi said "China and Pakistan are good neighbours, good friends, good partners and good brothers, adding that the two countries' iron-clad friendship is a choice of history and a precious treasure of the two peoples." Xi said that "the two countries have in .

India's moves not conducive to peace, says Chinese Foreign Ministry

India and China have been locked in a military stand-off for nearly four years after the confrontations at friction points in eastern Ladakh in 2020

China vows to 'safeguard' national security with new laws at conclave

China last month broadened its state secrets law to include 'work secrets' in the scope of restricted sensitive information, and enacted a controversial counter-espionage law last year

Xi calls for coordination of military, preparation for conflicts at sea

He said, it was necessary to build cyberspace defence system and improve the ability to maintain national network security

China has stepped up grey-zone warfare to exhaust Taiwan: Defence report

Taiwan Defense Ministry this week said it would increase the number of missile drills and begin night-time exercises for pilots

China scraps Premier Li Qiang's briefing, breaking years of convention

This year's annual legislative session will run from Tuesday to March 11, making it one of the shortest meetings of China's parliament, outside pandemic years

Chinese firms step up hiring, wages remain sluggish amid high competition

China resumed publication this year, excluding college students from the data, to put youth unemployment at 14.9% in December

CCP Politburo vows to meet growth targets amid China's slow recovery

The Politburo also pledged to speed up development of 'new productive forces,' a vague new slogan favored by Xi that refers to fresh engines of economic growth

China's anti-graft body to probe corruption in Belt and Road Initiative

President Xi Jinping's Belt and Road Initiative under which China doled out billions of dollars of investments will for the first time come under the scanner of the country's anti-graft body amid allegations of corruption and the projects turning into debt traps for small and medium countries like Pakistan and Sri Lanka. Fighting corruption related to the Belt and Road Initiative (BRI) will be among the priorities for the Central Commission for Discipline Inspection's work report for 2024 (CCDI), the ruling Communist Party of China's (CPC) powerful anti-graft body, the Hong Kong-based South China Morning Post reported. The CCDI report released on Sunday stressed the need to eradicate the breeding grounds for corruption, deepen the system reforms and strengthen the institutions for discipline inspection and supervision, and enhance the organisational development of Party discipline inspection commissions and supervision agencies, state-run Xinhua news agency reported. The report, whi

China's Xi Jinping seeks to boost auto, appliance sales in consumer push

Xi Jinping called logistics the "veins" of the real economy connecting production and consumption as well as internal and external trade