Xi’s wide-ranging speech kicked off the twice-a-decade congress, a week-long, mostly closed-door conclave that will culminate with the selection of a new Politburo Standing Committee that will rule China’s 1.4 billion people for the next…
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China’s Xi pledges to build ‘modern socialist country’
China’s Xi calls on Communisty Party to stand against ‘grim’ challenges
He struck a nationalistic line throughout his speech, calling for the party not only to safeguard China’s sovereignty but also to revitalize Chinese culture, oppose “erroneous” ideology and promote religion that is “Chinese in origin.”…
China Unicom (Hong Kong) Limited (0762) Soared 1.07% on Oct 16
Established in 1891, the SEHK is the primary stock exchange in the world. In Asia, it is the third largest stock exchange while in the world, it is currently placed sixth. Meanwhile, the Hang Seng…
Xi says China’s prospects are bright but challenges severe
BEIJING — Chinese President Xi Jinping proclaimed his nation … Other Chinese leaders have regularly warned since the 2008 financial crisis that China’s economic growth faces “downward pressure” due to weak global demand that threatens…
How China’s Financial Cracks Could Spread
Can financial turmoil in China play havoc with the rest of the world? It has already happened. On the first trading day of 2016, China’s central bank sent shockwaves around the world by sharply lowering…
China’s Xi says anti-graft campaign has ‘overwhelming momentum’
BEIJING (Reuters) – China’s campaign against corruption has achieved “overwhelming momentum”, President Xi Jinping said on Wednesday at the start of a critical Communist Party congress expected to cement his authority. Xi’s speech kicks off…
China’s Communist Party congress begins in Beijing
These are external links and will open in a new window China’s biggest political event, the Communist Party congress, has begun in Beijing under tight security. Party leader and Chinese president Xi Jinping is addressing…
Administration does not brand China currency manipulator
WASHINGTON — The Trump administration on Tuesday once again declined to label China a currency manipulator, even though Donald Trump repeatedly pledged during last year’s presidential campaign that he would do so as soon as…
The human cost of China’s economic reforms
Mark Weinberger is worried about China’s mountain of national debt, the possibility of bankruptcies and – ultimately – what it might mean for the thousands his multinational firm employs in China. All three tell me…
Could a Chinese offer delay Saudi Aramco’s ipo?
China is offering to buy up to 5 percent of Saudi Aramco directly … to the Chinese refining industry so it makes a lot of sense it could mean that the Aramco IPO is at…
Meet China’s new tech giants: Alibaba, Baidu, Tencent and Xiaomi
Google, Amazon, Facebook and Apple (Gafa) may still be the world’s largest technology companies, but a new generation of contenders is coming from the East. Alibaba and its peers Baidu, Tencent and Xiaomi (popularly termed…
Patently tough: Long road ahead for Qualcomm in China case against Apple
SHANGHAI/BEIJING (Reuters) – Qualcomm Inc wants to hit Apple Inc where it hurts most: iPhone sales in China – one of its biggest global markets where most of its flagship smartphones are made. The U.S.…
China tries to reassure foreign companies, promises openness
He also tried to defuse concern about a technology plan dubbed “Made in China 2025” that calls for developing Chinese competitors in electric cars and other fields. Business groups say it would exclude foreign competitors…