BEIJING: China’s new Premier Li Qiang warned Monday it would be “no easy task” for the country to hit its annual growth target, already one of Beijing‘s lowest in decades.“I’m afraid that reaching our growth target of around five percent will be no easy task, and will require that we redouble our efforts,” Li said […]
BEIJING: China’s new Premier Li Qiang on Monday said achieving the five per cent GDP target for the slowing down economy is not an easy task and requires redoubled efforts but assured the country’s tattered private sector better environment, broader space for development.Li Qiang, the long-term aide of Chinese President Xi Jinping who succeeded Li […]
TEGUCIGALPA: Honduras President Xiomara Castro announced Tuesday that her government will seek to establish diplomatic relations with China, which would imply severing relations with Taiwan. The switch would leave Taiwan recognized by only 13 countries as China spends billions to win recognition for its “One China” policy. Castro said on her Twitter account that she […]
Chinese President Xi Jinping is planning to travel to Russia‘s capital, Moscow, to meet his counterpart, Vladimir Putin, as soon as next week, people familiar with the matter said.China’s foreign ministry did not immediately respond to a request for comment and the Kremlin declined to comment.No other details were immediately available.The sources briefed on the […]
BEIJING: The United States, Australia and the United Kingdom are traveling “further down the wrong and dangerous path for their own geopolitical self-interest,” China’s Foreign Ministry said Tuesday, responding to an agreement under which Australia will purchase nuclear-powered attack submarines from the U.S. to modernize its fleet.Spokesperson Wang Wenbin said the arrangement, given the acronym […]
BEIJING: President Xi Jinping on Monday vowed to build China’s military into a “Great Wall of steel” to protect the its sovereignty and developmental interests as he sought a bigger role for Beijing in global affairs, days after brokering a Saudi Arabia-Iran detente, regarded as a diplomatic coup.Speaking for the first time since the rubber-stamp […]
BEIJING: The detente between Tehran and Riyadh last week was all the more surprising because of the third party serving as mediator: China. China — a long-time partner of Iran that counts Saudi Arabia as its biggest source of foreign oil — played host to a deal to ease years of diplomatic deadlock between the […]
BEIJING: China’s new Premier Li Qiang on Monday strongly defended the much-hated ‘zero Covid‘ strategy followed by the country for over three years which hurt its economic growth also led to public protests, saying the policy was completely right and delivered highly effective outcomes.Addressing his first press conference, Li said it took less than two […]
BEIJING: China’s government on Thursday criticised the Netherlands for joining Washington in expanding curbs on Chinese access to technology to make processor chips that Western governments say might be used in weapons or to commit human rights abuses. Processor chips and the technology to make them are increasingly sensitive as Beijing develops its own chip […]
China retained several of its top economic officials, including central bank Governor Yi Gang, in a surprise move as Beijing looks to boost investor confidence and steer the nation’s post-Covid recovery.Yi, 65, will remain as the head of the People’s Bank of China, according to a list of names nominated to the National People’s Congress […]
