Tag: China

• Monday, February 26th 2018 - 09:32 UTC

  Xi pushing for constitutional reform to stay in office indefinitely

  

  China says it plans to scrap a two-term limit for the country’s president and vice president, a move that could allow Chinese leader Xi Jinping to stay in office indefinitely. Expectations that Xi, China’s most powerful leader since Mao Zedong, was considering staying in office for more than the typical 10 years has been building for some time now. But the outline of amendment proposals announced by state media Sunday, including Article 79, confirmed those changes could soon become a reality.

• Saturday, February 24th 2018 - 09:24 UTC

  Beijing cracks down on financial giant Anbang to protect rights and interests of consumers

  

  Beijing has cracked down on insurance and financial giant Anbang, taking control of the conglomerate and prosecuting the firm's head. Wu Xiaohui, who was already detained by authorities last June, is to face prosecution for “economic crimes”.

• Saturday, February 24th 2018 - 09:01 UTC

  China, Spain, Taiwan, Japan and S Korea account for 85% global fishing efforts, says Science magazine

  

  More than half of the world’s oceans are being commercially fished, spanning an area four times what is used for global agriculture, according to a new study published in the journal Science. The study is the first in-depth look at the global footprint of the industrial fishing industry.

• Friday, February 16th 2018 - 10:26 UTC

  US rejects merger between Chicago Stock Exchange and Chinese investor group

  

  The US has rejected a proposed merger between the Chicago Stock Exchange and a Chinese-linked investor group. The decision comes after more than two years of reviews by officials. The tie-up was initially approved by the Committee on Foreign Investment in the United States, pending further approval by the Securities and Exchange Commission (SEC).

• Monday, February 12th 2018 - 13:18 UTC

  Climate change is increasingly notorious and alarming

  

  The global climate perspective is darkened by a climate change that has accelerated in recent years and is becoming increasingly difficult to reverse. The ambitious temperature limits established in the Paris agreement are about to be overcome. Among its consequences, it is revealed that at least 26 million people will be dragged into poverty annually due to climatic causes and the retreat of the ice in the poles and mountain glaciers accelerates exponentially.

• Thursday, February 8th 2018 - 09:26 UTC

  China confirms support for Venezuela and lashes out at “irresponsible” US

  

  China’s support for Venezuela has benefited ordinary people and been broadly welcomed, the foreign ministry said after the U.S. Treasury accused China of aiding Venezuelan President Nicolas Maduro’s government with murky oil-for-loan investments.

• Monday, February 5th 2018 - 09:16 UTC

  China's finance minister visits Argentina ahead of G20: meeting with Macri

  

  Chinese Finance Minister Xiao Jie, visited Argentina last week where he met with president Mauricio Macri and other officials ahead of the upcoming meeting in Buenos Aires of the G20 finance ministers and central banks governors. There was no official briefing of the different meetings or the interview with Macri in Casa Rosada.

• Saturday, February 3rd 2018 - 11:00 UTC

  China pledges support for “Global Britain” and praises the “golden era” in relations

  

  British Prime Minister Theresa May left China on Friday with deals worth more than 9.3 billion pounds, at the end of a three-day trade mission where President Xi Jinping pledged to upgrade their “golden era” in relations.

• Wednesday, January 31st 2018 - 09:22 UTC

  Theresa May three-day visit to Beijing to prop post-Brexit trade and her leadership

  

  British Prime Minister Theresa May was starting a crucial trade visit to China on Wednesday as she admitted the two countries will not always see eye-to-eye in sensitive areas like steel over-capacity and intellectual property rights.

• Wednesday, January 31st 2018 - 09:14 UTC

  Top Beijing official warns of risks facing China's “messy” financial system

  

  The level of risk facing China’s financial system could be higher than was seen in the United States before the global crash, according to a former Chinese finance minister. Speaking at a forum in Beijing over the weekend, Lou Jiwei, now chairman of the National Social Security Fund Council, also described the state of China’s financial sector as “messy”.