Chinese Premier Li Keqiang to step down this year (PTI)
Chinese Premier Li Keqiang, who is at the helm of managing the country's economy for a decade, said that he will be stepping down this year, setting in motion the once-in-a-decade sweeping leadership change in the Communist country.
Barring President Xi Jinping, who has emerged as the most powerful Chinese leader after the ruling Communist Party of China (CPC) founder Mao Zedong, the rest of the leadership of the party and the government is expected to undergo a change.
“This is my last year as a Premier,” Li, 66, the second ranking leader of the CPC after Xi, said in a matter of fact voice while answering a question on the economy. At the end of his last press conference, Li left with a wave and a simple “thank you, everybody” without leaving any farewell message.
“Unfortunately, efforts are being made to create an imbalance in the region and to address this, a big addition has been made today to our defence system,” he said, apparently referring to India's acquisition of Rafale fighter jets from France. Khan described it as a big movement for Pakistan after about 40 years when F-16 provided by the US were inducted into the PAF.
The Cyberspace Administration of China informed Didi executives their proposals to prevent security and data leaks had fallen short, the people said. Its main apps, removed from local app stores last year, will remain suspended for the time being, said one of the people.
The company and its bankers have halted work on the Hong Kong listing by way of introduction originally slated for around the summer of this year, the people said. In addition to dealing with the CAC review, Didi is also working to finalise its fourth-quarter results as required for a listing prospectus, they said.
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