‘No challenges can stop China’s progress’ Xi Jinping says in 75th anniversary speech

‘No challenges can stop China’s progress’ Xi Jinping says in 75th anniversary speech

China’s President Xi Jinping speaks during an awards ceremony at the Great Hall of the People in Beijing on Sept. 29, 2024, ahead of China’s National Day. Adek Berry | Afp | Getty Images BEIJING — Chinese President Xi Jinping said Monday that no challenges can stop the country from moving forward and reiterated Beijing’s … Read more

China invests in Pakistan: MoUs signed in textile, technology, agriculture sectors

China invests in Pakistan: MoUs signed in textile, technology, agriculture sectors

Chinese companies have signed multiple Memorandums of Understanding (MoUs) with Pakistan counterparts, Dawn reported. The MoUs were signed at the ‘Business Roundtable Conference’ held at the Pakistan Embassy in Beijing, as per Dawn. The agreements, focused on textile, technology, agriculture, and livestock sectors, were finalised at the ‘Business Roundtable Conference.’ At the conference, as many … Read more

China admits economy facing new ‘problems’, vows to fix property sector

China admits economy facing new ‘problems’, vows to fix property sector

Chinese President Xi Jinping and other top leaders admitted Thursday that the world’s number two economy was facing new “problems” and vowed to resolve a long-running crisis in the housing sector. Beijing has this week unveiled a raft of measures to boost its ailing economy, which it has targeted to grow five percent this year … Read more

Xi Jinping’s economic adrenaline shot is only buying China a little time

Xi Jinping’s economic adrenaline shot is only buying China a little time

First he took a sip of tea to gather his composure. Then Chinese central banker Pan Gongsheng unleashed one of the country’s most daring policy campaigns in decades. In what amounts to a massive adrenaline shot for an economy on the cusp of a deflationary spiral, the governor of the People’s Bank of China and … Read more

It’s not completely bad news that Nvidia fell

It’s not completely bad news that Nvidia fell

A view of NVIDIA headquarters in Santa Clara of Silicon Valley, California, United States on August 28, 2024.  Tayfun Coskun | Anadolu | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they … Read more

Nvidia fell, but that may be a good thing

Nvidia fell, but that may be a good thing

A view of NVIDIA headquarters in Santa Clara of Silicon Valley, California, United States on August 28, 2024.  Tayfun Coskun | Anadolu | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they … Read more

China’s Xi Jinping meets with U.S. national security advisor Jake Sullivan

China’s Xi Jinping meets with U.S. national security advisor Jake Sullivan

US National Security Advisor Jake Sullivan shakes hands with China’s President Xi Jinping during their meeting at the Great Hall of the People in Beijing on August 29, 2024. Trevor Hunnicutt BEIJING — Chinese President Xi Jinping told U.S. national security advisor Jake Sullivan during a meeting Thursday that Beijing hopes Washington will find “a … Read more

China’s lending to Africa rises for first time in seven years, study shows

China’s lending to Africa rises for first time in seven years, study shows

NAIROBI: Chinese lenders approved loans worth $4.61 billion to Africa last year, marking the first annual increase since 2016, an independent study showed on Thursday. Africa secured more than $10 billion in loans a year from China between 2012-2018, thanks to President Xi Jinping’s Belt and Road Initiative (BRI), but the lending fell precipitously from … Read more

Joe Biden and Xi Jinping to speak after rare U.S. security adviser trip to China

Joe Biden and Xi Jinping to speak after rare U.S. security adviser trip to China

China’s Foreign Minister Wang Yi (R) shakes hands with US National Security Advisor Jake Sullivan at Yanqi Lake in Beijing on August 27, 2024.  Ng Han Guan | Afp | Getty Images BEIJING — U.S. President Joe Biden and Chinese President Xi Jinping are set to speak over the phone in “coming weeks,” the White … Read more

U.S., China plan new Biden-Xi talks as top officials meet in Beijing – National

U.S., China plan new Biden-Xi talks as top officials meet in Beijing – National

Top Chinese and U.S. officials discussed holding fresh talks between Presidents Joe Biden and Xi Jinping in the near future, the two countries said on Wednesday during high-level meetings in Beijing. The discussion occurred during lengthy talks between China’s top diplomat, Wang Yi, and U.S. national security adviser Jake Sullivan held against the backdrop of … Read more