China’s economy is imploding, prompting much schadenfreude from Western commentators delighted by the turn of events. The wait for today’s denouement has been a long one. For decades, China defied the laws of gravity, confounding all predictions of imminent collapse. The confusion of democracy, it seemed, was no match as a form of economic governance […]
Tag: Jinping
Ukraine invites Xi Jinping to Global Peace Summit in Switzerland – Ukrainian President’s Office official
Ukraine has invited Chinese leader Xi Jinping to take part in a Global Peace Summit in Switzerland. Source: Reuters, citing a comment by Ihor Zhovkva, Deputy Head of the Ukrainian President’s Office Quote: “We are definitely inviting China to participate in the summit, at the highest level, at the level of the President of the […]
Xi Jinping to go after ‘ants and flies’ as he intensifies his crackdown on firms
Editor’s Note: Sign up for CNN’s Meanwhile in China newsletter, which explores what you need to know about the country’s rise and how it impacts the world. Hong Kong/Taipei (CNN) — Chinese leader Xi Jinping has vowed to go after “flies and ants” as part of an intensifying anti-corruption campaign that will target industries such […]
Kim Jong Un, Xi Jinping declare 2024 ‘year of DPRK-China friendship’
Dictator Kim Jong Un and President Xi Jinping are spending 2024 celebrating their countries’ friendship. The supreme leader of North Korea and highest-ranking official of the Chinese Communist Party (CCP) swapped declarations of “DPRK-China friendship” as the world welcomed in the new year this week. “Through the ‘year of DPRK-China friendship,’ the two parties and […]
Xi Jinping rings in 2024 with rare admission that China’s economy is in trouble
Editor’s Note: Sign up for CNN’s Meanwhile in China newsletter, which explores what you need to know about the country’s rise and how it impacts the world. China’s businesses are struggling and job seekers have trouble finding work, President Xi Jinping acknowledged during his Sunday New Year’s Eve speech. This is the first time Xi […]
Xi Jinping says Taiwan will ‘surely’ be reunified with China during symposium commemorating Mao
Chinese President Xi Jinping on Tuesday vowed that Taiwan will be reunited with the mainland, saying Beijing will “resolutely prevent anyone from splitting” the two sides in any way. The comments came during a symposium in Beijing commemorating the 130th anniversary of the birth of Mao Zedong, the founding father of Communist China. In 1949, […]
How Xi Jinping is challenging dollar dominance with landmark Saudi deal
The Chinese president’s warm reception on a visit to Riyadh was symbolic of deepening ties between China and Saudi Arabia – Royal Court of Saudi Arabia/Anadolu Agency When Xi Jinping visited Riyadh, Saudi officials rolled out not a red but a purple carpet. The Chinese president’s plane was escorted by Saudi jets spurting green and […]
A Month After Xi Jinping Meets With Iowan Farmers, China’s Outsized Impact On US Commodity Markets Is Made Clear With Historic Buying Spree
Big Purchase Between October and mid-December 2023, China purchased a massive amount of wheat, totaling 60 million bushels. This included a record-breaking weekly total of 55 million bushels. This unexpected development occurred when U.S. wheat prices had recently hit multi-year lows. Despite initial indications of a record-low year for U.S. wheat exports in 2023/24, China’s […]