Tag: China

• Monday, March 6th 2017 - 10:47 UTC

  China lowers growth target to 6.5% and pledges to tackle “zombie enterprises”

  

  The Chinese growth target for this year has been cut to around 6.5%, down from 6.5 to 7% last year, Premier Li Keqiang has announced addressing the country's rubber-stamp parliament, the National People's Congress (NPC), which has gathered in Beijing for its annual session. The Chinese economy expanded at its slowest pace in 26 years in 2016.

• Tuesday, February 28th 2017 - 17:53 UTC

  UN says that action to curb climate change is unstoppable, despite Trump

  

  The UN’s new climate chief admits she’s worried about President Donald Trump – but is confident that action to curb climate change is unstoppable. President Trump said he’d withdraw from the UN climate deal and stop funding the UN’s clean energy program. But former Mexican diplomat Patricia Espinosa said that the delay in any firm announcement suggests the issue is still unresolved.

• Thursday, February 16th 2017 - 12:30 UTC

  China admits cooking stats numbers; pledges to punish data fraud

  

  China must fight against data fraud and improve the quality of the country’s economic data, the head of the National Bureau of Statistics said, the second central government official over the past week to comment on the accuracy of economic data.

• Saturday, February 11th 2017 - 08:20 UTC

  Trump pledges to honor the “One China” following a phone call with President Xi

  

  US President Donald Trump has climbed down on past threats and agreed to honour the so-called “One China” policy. He backed the long-standing agreement during a call with Chinese President Xi Jinping, the White House said. The One China policy states that there is only one Chinese government.

• Saturday, January 21st 2017 - 11:11 UTC

  China's economy picks up slightly in 2016 but the rebound is below expectations

  

  China's economy grew by 6.7% in 2016, compared with 6.9% a year earlier, marking its slowest growth in more than a quarter of a century. China's growth is a key driver of the global economy and a major concern for investors around the world. The figure is in line with Beijing's official growth target of between 6.5% and 7%.

• Tuesday, January 17th 2017 - 17:32 UTC

  Xi emphatic tells Davos “we say no to protectionism”; migration crisis caused by war and conflict

  

  China's president Xi told the World Economic Forum in Davos on Monday that the “migrant crisis had been caused by war, conflict and regional turbulence,” not globalization. Similarly, the 2007/8 financial crisis was caused by “the excessive pursuit of profits and a lack of economic regulations,” he said.

• Saturday, January 14th 2017 - 09:11 UTC

  Warning to Trump: Beijing prepared to a large scale war over the South China islands

  

  Global Times, the official English language spokesperson of the Chinese Communistry party has sent a very strong reply to the incoming Trump administration referred to the disputed South China islands occupied by Beijing.

• Thursday, January 5th 2017 - 07:50 UTC

  Beijing's “airpocalypse” red alert for smog and yellow alert for fog

  

  On Wednesday, Beijing was under a “red alert” for smog, the highest of four levels, and a “yellow alert” for fog. Other areas, particularly in northern China were still under red alert as of Wednesday for both fog and smog. The high pollution has been going on for a number of weeks, causing flight delays, and leading to traffic bans, as part of what is called “smog season” or “airpocalypse.”

• Monday, December 19th 2016 - 08:50 UTC

  China ready to return US submarine drone: Trump accuses Beijing of “stealing”, tells them, “keep it!”

  

  China says it will hand over an underwater U.S. drone it seized in the international waters of the South China Sea, prompting President-elect Donald Trump to say the United States should tell China to keep the device. Trump does not assume power for another month, but weighed in on the maritime incident in which Chinese naval forces seized the unmanned submersible while it was collecting unclassified scientific data on Thursday.

• Monday, December 12th 2016 - 17:51 UTC

  US, EU and Japan do not recognize China as market economy: Beijing anticipates retaliation

  

  China's battle for recognition as a market economy that would help it avoid penalties from key trade partners has been thwarted, as a key clause in Beijing's deal to join the WTO expired on Sunday.