Page 25 - Xi Jinping

Chinese economy growing, open for business: China's Premier Li Qiang at WEF

Li said China, with a rapidly urbanizing population of 1.4 billion people, would play an important role in boosting aggregate global demand

Former chief of state-owned Chinese bank Everbright arrested for corruption

The former chairman of state-owned Chinese bank China Everbright Group has been arrested on suspicion of embezzlement and bribery, prosecutors said in a statement on Monday, amid an intensified campaign against corruption. The investigation into Tang Shuangning, the former party secretary and chairman of China Everbright Group has ended and the case would be transferred to the procuratorate for review and prosecution, China's Supreme People's Procuratorate said in a statement. Tang, 69, was expelled from the Chinese Communist Party earlier this month over violations of disciplines and laws, amid a crackdown on corruption in China's financial sector. He retired in 2017. Other allegations against him include weakening the party's leadership over the bank, failing to prevent and defuse financial risks, privately reading publications with serious political problems and resisting organisational scrutiny, the party-run newspaper Global Times cited the Central Commission for Discipline ...

Xi Jinping stays clear of Red Sea battle despite risks to China trade

Chinese container shipping giant China Cosco Shipping Corp. stopped delivering goods into Israel because of the threats and attacks posed by the militants

China media warns against taking China's Indian Ocean research as threats

Detailed knowledge of ocean depths, currents and temperature was vital to China's growing submarine operations

How 2024 Taiwan election result will impact China, US & the world

Taiwan is set to hold presidential and parliamentary elections on January 13. Watch the video to know why the polls are crucial for the world, especially China and the US.

Maldives, China sign 20 agreements amid diplomatic row with India

Chinese President Xi Jinping on Wednesday held talks with his Maldivian counterpart Mohamed Muizzu following which the two countries signed 20 key agreements, including one on tourism cooperation, and elevated their bilateral ties to a comprehensive strategic cooperative partnership. The two heads of state announced the elevation of bilateral ties to a Comprehensive Strategic Cooperative Partnership, state-run Xinhua news agency reported. "20 key agreements were signed today between the Government of the Maldives and the Government of China this afternoon and both the Presidents witnessed the signing ceremony," Maldivian President's office said in a post on X. The agreements signed included one tourism cooperation, disaster risk reduction, blue economy, strengthening investment in the digital economy and the Belt and Road Initiative. China will also provide grant assistance to the Maldives, but the amount was not disclosed. Muizzu and his wife Sajida Mohammad were given a ceremonia

Maldives Prez Muizzu meets Chinese counterpart Xi amid row with India

Chinese President Xi Jinping on Wednesday held talks with his Maldivian counterpart Mohamed Muizzu, who is on a five-day state visit, amid a diplomatic row with India over derogatory remarks by his ministers against Prime Minister Narendra Modi. President Muizzu was accorded a red carpet welcome and a 21-gun salute. Official media reported that Xi and Muizzu held talks, without sharing the details. Muizzu, who is regarded as a pro-China leader, is visiting China amid the row with India after some Maldivian ministers posted derogatory remarks against Prime Minister Modi leading to a spate of cancellations of reservations by Indian tourists, who constitute the largest number of visitors to the tourism-dependent island nation. Besides talks with Xi, Muizzu is expected to meet Chinese Premier Li Qiang and other senior officials before his return to Male on January 12. Muizzu reached Beijing last night after staying in the Chinese city of Fujian for two days. In his address to the Mal

China's invasion of Taiwan to cost around $10 trn, nearly 10% of global GDP

China's rising economic and military heft, Taiwan's burgeoning sense of national identity, and fractious relations between Beijing and Washington mean the conditions for a crisis are in place

Taiwan govt spots more Chinese balloons, says one flew over island

Taiwan is on high alert for Chinese activities, both military and political, ahead of Jan 13 presidential and parliamentary elections

Committed to 'managing' China-US ties 'responsibly': Biden to Xi Jinping

US President Joe Biden on Monday assured his Chinese counterpart Xi Jinping that he is committed to "managing" the bilateral ties "responsibly" as the two leaders exchanged congratulatory messages to mark the 45th anniversary of the diplomatic relations between the two countries. The two presidents met on the sidelines of the APEC summit in San Francisco in November and agreed to cool down the raging tensions between the top two economies of the world. In his message to Xi, Biden said that since the establishment of diplomatic relations in 1979, the ties between the US and China have facilitated prosperity and opportunities for both the countries and the world. Biden said he is committed to "managing this important relationship responsibly", adding that he looks forward to continuing advancing the US-China relationship based on the progress made by the predecessors of the two leaders and through multiple meetings and discussions between the two heads of state, China's state-run Xinh

Xi declares Taiwan 'reunification' inevitable in China's future plans

China considers Taiwan to be its "sacred territory" and has never renounced the use of force to bring it under Chinese control

China's economy has become 'more resilient, dynamic', says President Xi

Chinese President Xi Jinping said on Sunday that China's economy has become "more resilient and dynamic than before" as he vowed to consolidate and strengthen the momentum of economic recovery and work to achieve long-term economic development. "We have gone through the test of winds and rains, have seen beautiful scenes unfolding on the way, and have made plenty of real achievements. We will remember this year as one of hard work and perseverance. Going forward, we have full confidence in the future, Xi said in his 2024 New Year message. Xi said that as China achieved a smooth transition in COVID-19 response efforts, its economy has sustained the momentum of recovery, and steady progress has been made in pursuing high-quality development in the outgoing year, state-run Xinhua news agency reported. "Having weathered the storm, the Chinese economy is more resilient and dynamic than before, he said. Xi said that while pursuing its development, China has also embraced the world and ..

China appoints former top naval commander Dong Jun as new defence minister

China on Friday named former naval commander General Dong Jun, said to be a close confidant of President Xi Jinping, as the new defence minister, two months after the summary dismissal of General Li Shangfu without an explanation. China's top legislature, the National People's Congress (NPC), which confirmed Li's ouster in October, appointed Dong in his place, the official media reported. Dong, formerly the commander of the Chinese navy, was promoted to the rank of general in September 2021, making him one of the highest-ranking officers in active service, the China Daily reported. Regarded as a close confidant of President Xi, Dong was later elected to the Communist Party of China (CPC) in October last year. Before becoming the navy's top commander in 2021, he served in the Northern Sea Fleet, now a regular player in joint drills with the Russian Navy, the Eastern Sea Fleet, which focuses on potential conflicts with Japan, as well as the Southern Command Theatre, which oversees th

US companies are picky about investing in China except fast-food chains

American fast-food chains have decided a market of 1.4 billion people is simply too delicious to pass up. KFC China's parent company opened its 10,000th restaurant in China last month

China's top political advisory body CPPCC removes 3 defence executives

CASIC is a state-owned enterprise that makes spacecraft and missile systems, while Norinco is a weapons producer for the People's Liberation Army

China's 'reunification' with Taiwan is 'inevitable', says Xi Jinping

Taiwan remains a sensitive issue in US-China relations. During a recent summit with US President Joe Biden, Xi asserted that China's "reunification" with Taiwan is "unstoppable"

China must resolutely prevent anyone from splitting Taiwan from us: Xi

Leading the 130th birth anniversary celebrations of Mao Zedong, Chinese President Xi Jinping on Tuesday hailed the thought of the ruling Communist Party founder as "invaluable spiritual wealth" and will remain the party's guiding spirit. Mao's thoughts contained in his Red Book which once resonated across the world and sparked Communist movements paled into insignificance after his death as it was overtaken by his successor Deng Xiaoping's widespread economic reforms, propelling China into the second largest economy next only to the US. Deng's opaque Socialism with Chinese Characteristics gave wide room for the successive Chinese leaders to expand reforms including the introduction of private property, shunned by Mao. The party theoreticians in recent years were also critical of some of Mao's political and economic campaigns, especially his disastrous Cultural Revolution (1966-76) in which thousands were killed in the name of purging capitalists and traditionalists. The Communist .

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Beijing will reunify Taiwan with mainland China: Xi Jinping warns Biden

In a group meeting attended by a dozen American and Chinese officials, Xi told Biden that China's preference is to take Taiwan peacefully, not by force, the officials said

US says China curbed 'dangerous' military acts after Xi Biden meet

That development suggests relations between the world's two largest economies are improving after Biden and Xi met in San Francisco in November for the first time in a year