Tag: Xi Jinping

• Friday, April 26th 2019 - 10:22 UTC

  Xi pledges China an end to export subsidies and no competitive devaluation of the Yuan

  

  Chinese President Xi Jinping vowed Friday (Apr 26) to abolish subsidies to firms that impede fair competition - addressing a major bone of contention in US trade talks. Xi repeated past promises to lower tariffs, increase imports and open up more sectors of China's economy to foreign businesses.

• Friday, April 26th 2019 - 08:19 UTC

  China tells the world that its major Belt and Road Initiative “is not an exclusive club”

  

  Chinese President Xi Jinping sought on Friday to ease growing concerns about his ambitious Belt and Road Initiative, vowing to prevent debt risks and saying his global infrastructure project “is not an exclusive club”.

• Thursday, April 25th 2019 - 09:28 UTC

  Xi receives Piñera, praises Chile and calls for a pragmatic cooperation

  

  China and Chile should connect their development strategies and promote interconnectivity between Chile and other Latin American countries, President Xi Jinping said on Wednesday.

• Saturday, April 20th 2019 - 08:51 UTC

  China's Belt and Road forum becomes the main world event during three days in April

  

  Chinese President Xi Jinping will host nearly 40 heads of state next week at the second Belt and Road forum, which is expected to produce more deals for companies and banks that want in on the latter-day Silk Road mega-project. The strong showing is a testament to the project's standing despite its multiple criticisms, said Chinese Foreign Minister Wang Yi on Friday.

• Thursday, April 18th 2019 - 09:40 UTC

  China's growth stabilizes 6.4% year-on-year in first quarter

  

  The growth of the Gross Domestic Product (GDP) in China stabilized 6.4% year-on-year in the first quarter of 2019, despite falling global demand and the trade war with the United States. The figure was announced on Wednesday by the National Bureau of Statistics (BNS), along with other rather optimistic indicators on the health of the world's second largest economy.

• Wednesday, March 27th 2019 - 08:47 UTC

  China orders 300 jets from Airbus during Xi's visit to Paris

  

  Airbus has secured an order from China for 300 jets, in a deal estimated to be worth tens of billions of dollars. An agreement to purchase A320 and A350 XWB aircraft was signed during a visit by Chinese President Xi Jinping to Paris.

• Saturday, March 23rd 2019 - 08:45 UTC

  Italy establishing closer links with China, plans to sign Silk Road project

  

  Chinese President Xi Jinping arrived in Rome at the start of a whistle stop European tour amid growing Western unease over the economic giant's new Silk Road project. Prime Minister Giuseppe Conte is to sign a memorandum of understanding with Mr. Xi on Saturday for Italy to join the US$1 trillion Belt and Road Initiative, the first G7 member to do so.

• Monday, March 18th 2019 - 08:36 UTC

  Chinese president Xi on state visits to Italy , Monaco and France

  

  Chinese President Xi Jinping will travel to Italy, Monaco and France this week, the foreign ministry said on Monday, with Rome expected to join his global trade infrastructure program despite reservations in other European countries.

• Tuesday, March 5th 2019 - 09:55 UTC

  World markets fall as China cuts its economic growth target

  

  Asian shares stepped back on Tuesday after China cut its economic growth target and pledged measures to support the economy amid growing challenges from rising debt and a dispute over trade and technology with the United States. Australian shares dropped 0.6% while South Korea's Kospi lost 0.5%. MSCI's broadest index of Asia-Pacific shares outside Japan dipped 0.2% and Japan's Nikkei dropped 0.3%.

• Tuesday, February 26th 2019 - 09:07 UTC

  Trump anticipates a “signing summit” with China's Xi: trade agreement “very, very close”

  

  US President Donald Trump said on Monday he expects to hold a “signing summit” with China’s President Xi Jinping to seal a trade deal, since negotiators are “very, very close” to an agreement. Cheering global stock markets, the new comments confirm the dispute will not ratchet up immediately, averting an even bigger impact on the global economy.