The defiant tone President Xi Jinping took toward the US got those hardworking financiers scared.
Pakistan Prime Minister Shehbaz Sharif will embark on a two-day official visit to China on Tuesday during which he will meet the top Chinese leadership, including President Xi Jinping, for a series of meetings aimed at boosting business and strategic all-weather ties. Sharif is visiting China at the invitation of his Chinese counterpart Li Keqiang. Radio Pakistan reported that he will be accompanied by a high-level delegation and meet President Xi and hold delegation-level talks with Premier Li. Sharif will be the first head of the government to felicitate 69-year-old Xi in person for securing an unprecedented third five-year term at the recently held Communist Party Congress, becoming the first leader after party founder Mao Zedong to continue in power after 10-year tenure. The two sides will review the all-weather strategic cooperation partnership and exchange views on regional and global developments. This will be Sharif's first visit to China since assuming office in April thi
Longfor Group Holdings Ltd.'s Wu Yajun resigned on Friday as executive director and chair, shortly after Soho China Ltd.'s Pan Shiyi quit in September
His return as China's President has heightened fears among vulnerable countries like Tibet, East Turkistan (Xinjiang), Southern Mongolia, Manchuria and Hong Kong
Both the official manufacturing purchasing managers index and the non-manufacturing gauge, which measures construction and services activity, fell in the month to 49.2 and 48.7, respectively
An earlier draft banned employers from stating gender preferences in job ads or asking female applicants about their marital or pregnancy status
President Joe Biden's administration is taking stock of a newly empowered Xi Jinping as the Chinese president begins a third, norm-breaking five-year term as Communist Party leader. With US-Chinese relations already fraught, concerns are growing in Washington that more difficult days may be ahead. Xi has amassed a measure of power over China's ruling party unseen since Mao Zedong, the leader from 1949 until his death in 1976. Xi's consolidation of power comes as the United States has updated its defense and national security strategies to reflect that China is now America's most potent military and economic adversary. Biden takes pride in having built rapport with Xi since first meeting him more than a decade ago, when they served as their countries' vice presidents. But Biden now faces, in Xi, a counterpart buoyed by a greater measure of power and determined to cement China's superpower status even while navigating strong economic and diplomatic headwinds. We're not back in the M
Business Standard's opinion pages this week focused on Rishi Sunak, Xi Jinping, Kejriwal's suggestion on currency notes, and much more
China will host a flurry of top foreign leaders this week, as President Xi Jinping kicks off a norm-busting third term during which he's vowed to increase his nation's global influence
China has reaffirmed its firm support to Russian President Vladimir Putin, playing down reports that it may recalibrate its strategy towards Moscow after the key Communist Party Congress which endorsed President Xi Jinping for a record third five-year term. Chinese Foreign Minister Wang Yi held a telephonic conversation with his Russian counterpart Sergey Lavrov on Thursday. Wang, who was elected to the 24-member Politburo, a high-power body of the ruling Communist Party of China (CPC), is emerging as Xi's top official on foreign policy issues. He will take over his new position in March next year. Wang chose to make his first phone call to Lavrov after the party congress to highlight the continued importance Beijing attached to Moscow. China is willing to deepen exchanges with Russia at all levels and promote bilateral relations and cooperation in various fields to a higher level, he was quoted as saying by the state-run Xinhua news agency. In his interaction with Lavrov, Wang sa
Foxconn's factory in Zhengzhou in central China is the world's largest assembly plant for Apple's iPhones
Here's what we have learnt about China's emerging trajectory and ideology under Xi Jinping from observing the events before and after the Party Congress
Pakistan Prime Minister Shehbaz Sharif will embark on a two-day visit to China next week and meet President Xi Jinping during which they will review the all-weather strategic cooperation partnership and exchange views on regional and global developments, the foreign ministry said here on Wednesday. Sharif will be among the first foreign leaders to visit China following the recently-concluded historic 20th National Congress of the Communist Party of China in which President Xi won an unprecedented third five-year term in power. Sharif's trip to China comes at a time when cash-strapped Pakistan is making all efforts to arrange billions of dollars for payment of debts and bridge trade deficit. Pakistan owes Paris Club countries a combined sum of around USD 10.7 billion. The Paris Club is a group of officials from major creditor nations whose role is to find coordinated and sustainable solutions to the payment difficulties experienced by debtor countries. According to the International
Chinese authorities have struggled to make ends meet this year as massive tax rebates and the persistent housing market crisis have cut government income sharply
Shares of Chinese firms listed in the US have slumped on concerns that President Xi Jinping will continue with his ideology-driven approach at the cost of economic growth
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The offshore yuan weakened as much as 0.7% to 7.2782 per dollar Monday morning to approach a record low seen last week
Xi Jinping's absolute power will test the world's second-largest economy
The world faces the prospect of more tension with China over trade, security and human rights after Xi Jinping, the country's most powerful leader in decades, awarded himself another term as leader of the ruling Communist Party. Xi has tightened control at home and is trying to use China's economic heft to increase its influence abroad. Washington accused Beijing this month of trying to undermine U.S. alliances, global security and economic rules. Activists say Xi's government wants to deflect criticism of abuses by changing the U.N.'s definition of human rights. Xi says the world system is broken and China has answers, said William Callahan of the London School of Economics. More and more, Xi Jinping is talking about the Chinese style as a universal model of the world order, which goes back to a Cold War kind of conflict. At a Communist Party congress that wrapped up Saturday, Xi gave no sign of plans to change the severe zero-COVID strategy that has frustrated China's public and .
Chinese President Xi Jinping on Sunday said that China will open its door wider to the rest of the world, as he secured the historic third term as the leader of the Communist Party of China