CPC Futures is a one-stop guide to understanding the changes in China's domestic and foreign policy directions and their immediate and long-term effects for the world
After shooting down a Chinese surveillance balloon in the Atlantic Ocean off the coast of South Carolina on Saturday afternoon, the Pentagon said it has launched a mission to recover all the equipment from the debris. At the direction of President Joe Biden, the US military at 2.39 pm EST shot down the Chinese surveillance balloon in the Atlantic Ocean, some six miles away from the US shores in South Carolina, with no damage to the life and properties of Americans, a senior defence official told reporters. Fighter aircraft from Langley Air Force Base in Virginia inspired a single missile into the balloon causing it to crash into the ocean within the US territorial airspace, said the official, adding that as of now there are no indications that any people including US military personnel, civilian aircraft or maritime vessels were harmed in any way. I told them to shoot it down, Biden told reporters in Hagerstown, Maryland. On Wednesday, when I was briefed on the balloon, I ordered t
The biggest question was how would China respond to all the furore that was unfolding at a rapid pace as Asia was asleep
Mike Pompeo has said that among the dozens of world leaders he met as the US Secretary of State he found the "most unpleasant" was Chinese President Xi Jinping, who threatened to stop sending PPF kits to America if it kept asking for accountability from Beijing on Covid-19. In his book titled 'Never Give an Inch: Fighting for the America I Love,' former US Secretary of State Pompeo, 59, writes that he held multiple interactions with the Chinese leader and found him "dour" and a "quintessential Communist apparatchik". He writes that Xi told stories about Chinese victimhood and talked about his "demands to avenge grievances from long before any of us were born. "Personally, I thought Xi was dour. While Putin can be funny and mirthful, even while being evil, Xi was not so serious as dead-eyed. I never once saw an unforced smile, Pompeo writes in the book that hit the bookstores on Tuesday. I also found Xi a quintessential Communist apparatchik: heavy in the abstract, light on the issu
'In the next two to three months, the possibility of a large-scale Covid-19 rebound or a second wave of infections across the country is very small'
The National Bureau of Statistics reported a total of 10.41 million deaths in 2022, averaging 867,500 deaths per month
Hui, once one of China's richest and most influential titans, bridging business and high-level politics lost 93 per cent of his fortune
Refer to area as constantly changing, inquires about patrol work
Xi said the current outbreak has been 'fierce' and China still faced tough tasks, state broadcaster China Central Television reported late Wednesday
China's economic growth fell to 3 per cent last year under pressure from antivirus controls and a real estate slump but is gradually reviving after restrictions that kept millions of people at home were lifted. Growth of the world's second largest economy slid to 2.9 per cent over a year earlier in December from the previous month's 3.9 per cent, government data showed Tuesday. Forecasters say activity is reviving but wary consumers are returning only gradually to shopping malls and restaurants amid a surge in COVID-19 infections. The government says the peak of that wave appears to have passed. Last year's expansion was less than half of 2021's 8.1 per cent growth.
The official toll translates to 1.17 deaths daily for every million people in the country over the course of five weeks, according to a Bloomberg analysis
Authorities in China are also seeking to bolster their influence over iron ore pricing in the longer term by consolidating purchases on behalf of about 20 of the country's largest steelmakers
He also warned against "any infiltration of capital into politics that undermines the political ecosystem or the environment for economic development"
In a New Year's address on Saturday, Xi said the country is in a new phase of Covid control and has adapted after following a science-based and targeted approach
Business Standard brings you the top headlines at this hour
China's President Xi Jinping on Saturday acknowledged that the current wave of COVID-19 sweeping across the country has entered a new phase and tough challenges remain as the World Health Organisation (WHO) has asked Beijing to provide more data about the coronavirus variants amid India and other countries ramping up measures to screen travellers from the Communist nation. We have now entered a new phase of COVID-19 response where tough challenges remain, Xi said in his New Year address to the nation, adding that it has not been an easy journey as the country has to face unprecedented difficulties and challenges. Speaking on national television from behind a desk in a wood-paneled office, Xi said that China's extraordinary efforts have helped it prevail over unprecedented difficulties. With extraordinary efforts, we have prevailed over unprecedented difficulties and challenges and it has not been an easy journey for anyone, he said without providing much information about the dire .
Country approves Merck's Covid-19 antiviral as drug shortage continues
Russian President Vladimir Putin and Chinese leader Xi Jinping vowed on Friday to deepen their bilateral cooperation against the backdrop of Moscow's 10-month war in Ukraine, which weathered another night of drone and rocket attacks following a massive missile bombardment. Putin and Xi made no direct mention of Ukraine as they held bilateral talks via video conference. But they hailed strengthening ties between Moscow and Beijing amid what they called geopolitical tensions and a difficult international situation. In the face of increasing geopolitical tensions, the significance of the Russian-Chinese strategic partnership is growing as a stabilising factor, Putin said. He invited Xi to visit Moscow in the spring. In Ukraine, authorities reviewed the toll from a widespread Russian missile attack on power stations and other vital infrastructure on Thursday that was the biggest such bombardment in weeks. Four civilians were killed during the barrage, according to Kyrylo Tymoshenko,
China has appointed its envoy to the US Qin Gang as the new foreign minister to succeed incumbent Wang Yi, who has been elevated to the Political Bureau -- the ruling Communist Party's top policy body. It is, however, not clear whether Qin, 56, will take over the post immediately. Wang, 69, has been elevated to the high-power Political Bureau of the Communist Party of China (CPC). Congratulations to H.E. Qin Gang @AmbQinGang for his appointment as China's new Foreign Minister! Looking forward to a splendid new chapter in China's diplomacy, Chinese Foreign Ministry spokesperson and Assistant Foreign Minister Hua Chunying tweeted. The announcement was a surprise as the new administration to be headed by the new Premier is scheduled to take over during the annual Parliament session slated to be held from March 5 next year. A new central cabinet called the State Council, replacing the present one headed by Premier Li Keqiang, will take charge during the annual session of the country's
The latest restrictions appear in line with Xi Jinping's broader objective of reining in China's increasingly powerful private sector