Xi Jinping has been confirmed as the man to lead China for the next decade. Mr Xi led the new Politburo Standing Committee onto the stage at the Great Hall of the People in Beijing, signalling his elevation to the top of China's ruling Communist Party.
China’s outgoing leader has warned corruption could destroy the Communist Party but stepped up plans to double the size of the economy and build a powerful maritime force. President Hu Jintao unveiled an ambitious target to double per-capita incomes and implied the economy would achieve annual growth of about 7% over the next eight years.
Leaders of the emerging world met in India on Thursday to discuss creating a new development bank, at a summit in which the bloc will seek to convert its economic might into collective diplomatic clout.
China will face bigger challenges in the Year of the Dragon its Prime Minister Wen Jiabao warned Saturday, as he pledged economic reforms to improve wealth distribution, state media reported.
Chinese president Hu Jintao was the first to congratulate the newly formed CELAC and expressed Beijing’s wishes to strengthen trade relations, cooperation and political understanding with the region.
Brazilian president Dilma Rousseff said that solutions to European and global economic difficulties need to promote economic growth and employment. Ms Rousseff arrived Wednesday in France for the summit of G-20 leaders this week, but before will be meeting with peers from the BRICS group to work out a common stance.
French president Nicolas Sarkozy conferred with his Chinese counterpart Hu Jintao as European policy makers seek to build support for an enlarged rescue fund designed to resolve the region’s sovereign-debt crisis.
Chinese President Hu Jintao has issued a mea culpa for rampant corruption in the ruling Communist Party, warning members about alienating the public as the organisation celebrates its 90th anniversary.
Chinese President Hu Jintao came under pressure from fellow BRICS members Brazil, Russia, India and South Africa to open the Chinese market to goods ranging from Indian drugs to Brazilian planes as leaders gathered on a tropical south China island for a summit.
China plans to invest ten billion US dollars in the production, storage and transport of soybeans in Brazil to ensure the supply of the commodity of which it is the world’s main importer, according to press reports in Beijing.