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☆ Li Keqiang: China’s former Premier dead at 68 according to state media
▼ + stars: | 2023-10-27 | by ( Simone Mccarthy | Steven Jiang | ) edition.cnn.com time to read: +5 min

Hong Kong CNN —Former Chinese Premier Li Keqiang, once seen as a reform-minded contender to the country’s top leadership role, died of a sudden heart attack early Friday in Shanghai, state media reported. 2 leader until late last year, served as the country’s premier – traditionally in charge of the economy – for a decade from 2013 to March this year under strongman leader Xi Jinping. Under Hu, Li was named to the party’s top central leadership body the Politburo Standing Committee in 2007. Then 67, Li was one year short of the unofficial retirement age for senior Chinese Communist Party leaders. He was succeeded as premier earlier this year by former Shanghai party chief and Xi loyalist Li Qiang.

Persons: Hong Kong CNN —, Li Keqiang, Li, Xi Jinping, ” Li, “, Xi, Xi’s, Hu Jintao, Hu, nodded, Mao Zedong, China’s princelings, Li Qiang Organizations: Hong Kong CNN, Hong Kong CNN — Former, Peking University, Communist Party’s Youth League, Communist Party Congress, Dongling, Brigade, Communist Youth League Central Committee, Communist Party, party’s, Chinese Communist Party Locations: Hong Kong, Shanghai, United States, China, Liaoning, Henan, Anhui

☆ Opinion: It doesn’t take an Agatha Christie detective to work out something’s up in Xi’s China
▼ + stars: | 2023-09-22 | by ( Sheena Mckenzie | Opinion Frida Ghitis | ) edition.cnn.com time to read: +7 min

She is a weekly opinion contributor to CNN, a contributing columnist to The Washington Post and a columnist for World Politics Review. The latest to vanish from view is China’s Defense Minister Li Shangfu. But anti-corruption campaigns are an ideal vehicle for political crackdowns, and in the opaque world of China’s regime, with no official explanation, there’s much that doesn’t meet the eye. (Rahm Emanuel, dripping with sarcasm, joked that the unemployment rate among Xi’s ministers might exceed that of China’s young people.) But China, of course, still promotes its system as a superior alternative to western-style democracy; tries to pretend that it’s not a dictatorship.

Persons: Frida Ghitis, Li Shangfu, “ I’m, Nobody, Rahm Emanuel, ”, Xi’s, Agatha Christie’s, Li, China’s, Qin Gang, Qin, Xi Jinping, Wang Yi, Qi, Xi, Mao Zedong, didn’t, Joe Biden, “, Hu Jintao, Hu, chastened, Jack Ma, Jeff Bezos Organizations: CNN, Washington Post, Politics, Frida Ghitis CNN, China’s Defense, People’s Liberation Army, PLA, Twitter, Qin, Street Journal, PLA’s, Force, United Nations General Assembly, Communist Party Congress Locations: China, Japan, Denmark, Vietnam, Beijing, Washington, Russia, Ukraine, Germany

But part of Xi's drive to improve his fighting force has been to stamp out corruption that has long plagued China's military and other state institutions. A leader China's space and cyber warfare development and then head of military procurement, Li, 65, was elevated to defence minister in March. He also has a more public role than others on the Central Military Commission, China's top defence body, commanded by Xi. Li's term at the Central Military Commission highlighted his ties to Xi, who has strengthened his grip across the military. A bigger question is what priority Beijing will continue to place on China's military diplomacy amid ongoing regional tensions.

Persons: Li Shangfu, Li, Xi, Nancy Pelosi, Lloyd Austin, James Char, Russian Su, Zhang Youxia, Zhang, Laurie Chen, Greg Torode, John Geddie, William Mallard Organizations: Reuters, Central Military Commission, West, People's Liberation Army, PLA, Rajaratnam, of International Studies, Strategic Support Force, Equipment Development Department of, Communist Party Congress, Thomson Locations: BEIJING, United States, Taiwan, Beijing, Russia, Washington, U.S, Singapore, China, Belarus, Ukraine, Russian, Hong Kong

☆ The Public Face of China's Military Under Corruption Probe
▼ + stars: | 2023-09-15 | by ( Sept. | At P.M. | ) www.usnews.com time to read: +5 min

Persons: Greg Torode, Laurie Chen BEIJING, Li Shangfu, Li, Xi, Nancy Pelosi, Lloyd Austin, James Char, Russian Su, Zhang Youxia, Zhang, Laurie Chen, John Geddie, William Mallard Organizations: Reuters, Central Military Commission, West, People's Liberation Army, PLA, Rajaratnam, of International Studies, Strategic Support Force, Equipment Development Department of, Communist Party Congress Locations: United States, Taiwan, Beijing, Russia, Washington, U.S, Singapore, China, Belarus, Ukraine, Russian, Hong Kong

☆ 3 Takeaways From Janet Yellen’s Trip to Beijing
▼ + stars: | 2023-07-09 | by ( Keith Bradsher | More About Keith Bradsher | ) www.nytimes.com time to read: +1 min

Ms. Yellen used softer language for America’s economic strategy toward China, disavowing a term that had caught on in Washington but offended Beijing. Yet even though more talks are a likely outcome of Ms. Yellen’s trip to China, neither she nor Chinese officials retreated from their policy positions. She forged ties with China’s economic leaders. The officials — including Ms. Yellen’s counterpart, Vice Premier He Lifeng — generally have less international experience than their predecessors and are less familiar to policymakers in the West. One of Ms. Yellen’s top goals was to meet China’s new team.

Persons: Janet L, Yellen, Xi Jinping, Lifeng Organizations: China’s Communist Party Locations: United States, China, Beijing, Washington, West . China

☆ Li Qiang becomes China's premier, tasked with reviving economy
▼ + stars: | 2023-03-11 | by ( ) www.cnbc.com time to read: +5 min

Li Qiang, likely to become the next premier, is pictured here speaking at a major annual financial conference in Shanghai in 2020. Li Qiang, the former Communist Party chief of Shanghai, took office on Saturday as China's premier, the country's No.2 post, putting the close ally of President Xi Jinping in charge of reviving an economy battered by three years of COVID-19 curbs. Li Qiang is the first premier since the founding of the People's Republic never to have served previously in the central government, meaning he may face a steep learning curve in the initial months on the job, analysts said. Still, Li's close ties with Xi - Li was Xi's chief of staff between 2004 and 2007, when the latter was provincial party secretary of Zhejiang province - will empower him to get things done, leadership-watchers said. "My reading of the situation is that Li Qiang will have a lot more leeway and authority within the system," said Trey McArver, co-founder of consultancy Trivium China.

☆ China's Xi nominates Li Qiang to become premier
▼ + stars: | 2023-03-11 | by ( ) www.reuters.com time to read: +1 min

BEIJING, March 11 (Reuters) - Chinese President Xi Jinping on Saturday nominated Li Qiang, 63, to become premier during the ongoing annual meeting of China's rubber-stamp parliament, a role charged with managing the world's second-largest economy. Li, the former Communist Party chief of Shanghai, China's largest city, will replace Li Keqiang, who is retiring during the National People's Congress session that ends on Monday, after serving two five-year terms. Li Qiang is a close ally of Xi, serving as his chief of staff between 2004 and 2007, when Xi was provincial party secretary of eastern China's Zhejiang province. He was put on track for premier in October, when he was appointed to the number-two role on the Politburo Standing Committee during the once-in-five-years Communist Party Congress. Reporting by Laurie Chen and Tony Munroe; Editing by Sandra Maler and William MallardOur Standards: The Thomson Reuters Trust Principles.

☆ Factbox: What is China's new government restructuring plan?
▼ + stars: | 2023-03-08 | by ( Laurie Chen | ) www.reuters.com time to read: +5 min

The restructured ministry will be overseen by a newly created Communist Party body, the Central Science and Technology Commission, strengthening party oversight of science and technology policy. A new national data bureau will be responsible for coordinating the sharing and development of data resources, as well as planning the digital economy and promoting initiatives. Since taking power in 2012, Xi has established several new central party committees overseeing multiple ministries, which report directly to him. Analysts expect the party reforms to be revealed soon after the NPC concludes its meetings on Monday. A top-level party financial watchdog, the Central Financial Work Commission, is likely to be resurrected after the NPC, sources earlier told Reuters.

☆ China's economy, government revamp in focus as parliament set to open
▼ + stars: | 2023-03-04 | by ( Tony Munroe | ) www.reuters.com time to read: +3 min

REUTERS/Thomas PeterBEIJING, March 5 (Reuters) - China opens its annual parliamentary session on Sunday, with the National People's Congress (NPC) set to implement the biggest government shakeup in a decade as Beijing confronts a host of challenges and looks to revive its COVID-battered economy. During the NPC, former Shanghai party chief Li Qiang, a longtime Xi ally, is expected to be confirmed as premier. "We might see institutional changes that indicate an elevated importance of, and more party control over, the financial regulatory system," Goldman Sachs analysts wrote. On the opening day of the NPC, China is also likely to announce its central and military spending budgets. Reporting by Tony Munroe; Editing by Himani SarkarOur Standards: The Thomson Reuters Trust Principles.

REUTERS/Tingshu WangHONG KONG/BEIJING/SHANGHAI, March 3 (Reuters) - As unprecedented protests against China's zero-COVID policies escalated in November, Li Qiang, the man recently elevated to No.2 on the ruling Communist Party's Politburo Standing Committee, seized the moment. Meanwhile, some local-level party workers and healthcare officials were grappling with growing challenges in implementing the zero-COVID policy. "From my perspective, it's not that we set out to relax the zero-COVID policy, it's more that we at the local level were simply not able to enforce the zero-COVID policy anymore," the official said. In mid-November, when Xi was still in Southeast Asia, he ordered Chinese authorities to "unswervingly" execute the zero-COVID policy, said two of the people, after which some cities retightened curbs. Xi's vacillating led to renewed debate on COVID policy among top leaders during mid to late November, one of these people and another person said.

Fund managers say they are fielding more queries from clients about the odds of an invasion of Taiwan by China. Russia's invasion of Ukraine early last year has also made investors more wary of war risk, analysts said. Goldman Sachs' Cross-Strait Risk Index, which gauges the intensity of geopolitical risk between Taiwan and mainland China, hit a record high last August after then-U.S. House of Representatives Speaker Nancy Pelosi's trip to Taiwan. Jordan Stuart, client portfolio manager at Federated Hermes, says he cut China exposure last year while holding onto some small stocks that can "fly under the radar". The Taiwan Strait is a major route for ships transporting goods from East Asia to the United States and Europe.

☆ JPMorgan, Standard Chartered win approval to expand in China
▼ + stars: | 2023-01-19 | by ( ) www.reuters.com time to read: +2 min

SHANGHAI, Jan 19 (Reuters) - JPMorgan (JPM.N) and Standard Chartered won Chinese regulatory approval on Thursday to expand operations in China, as Beijing encourages expansion by foreign companies after lifting its restrictive COVID policies. British bank Standard Chartered (STAN.L) won an approval to set up a new securities brokerage unit in China also on Thursday, the regulator said. Canada's Manulife Financial Corp (MFC.TO) in November received regulatory approval to take full control of its Chinese mutual fund venture. U.S. asset manager Neuberger Berman in the same month won approval to set up a new fund unit in China. "China is certainly going to be bit of a long slog," Alexander said, referring to China's lengthy approval process for foreign companies.

☆ Hedge funds that punted early on China recovery reaped the rewards
▼ + stars: | 2023-01-19 | by ( Summer Zhen | ) www.reuters.com time to read: +4 min

The hedge funds that used that as a buying opportunity profited, with tourism and consumption stocks quickly rebounding after Beijing adopted a more targeted COVID-19 policies and reduced quarantines following widespread anti-lockdown protests. The MSCI China index rose by 36% over November and December, even as a surge in case numbers cast doubt over the economic recovery in the short term. The strategy, managed by chief investment officer Peng She, made a 20% net return in 2022. For 2023, hedge fund managers said they were even more bullish about China, expecting traditional valuation metrics to return to focus after a year driven by macro events. Reporting by Summer Zhen; Editing by Vidya Ranganathan and Jamie FreedOur Standards: The Thomson Reuters Trust Principles.

☆ Why Xi Jinping Reversed His Zero-Covid Policy in China
▼ + stars: | 2023-01-04 | by ( Lingling Wei | Jonathan Cheng | ) www.wsj.com time to read: 1 min

BEIJING—By the end of an otherwise triumphant Communist Party Congress for Xi Jinping in October, it was growing harder for China’s leader to argue that his zero-Covid policy was working. Reports were flowing into central government headquarters of rising infections nationwide, a surge taking place despite the strict lockdowns that had kept Covid-19 at bay for most of the prior three years, according to officials and government advisers close to Beijing’s decision-making.

☆ Xi Jinping is 'preparing the Chinese people for war,' Trump-era National Security Adviser says
▼ + stars: | 2023-01-03 | by ( Matthew Loh | ) www.businessinsider.com time to read: +4 min

McMaster warned that Xi Jinping is preparing China for war. download the app Email address By clicking ‘Sign up’, you agree to receive marketing emails from Insider as well as other partner offers and accept our Terms of Service and Privacy PolicyHerbert Raymond McMaster, a former National Security Adviser, said on Monday he believes Chinese President Xi Jinping is "preparing the Chinese people for war." McMaster urged the US to increase its military presence in the Asia Pacific region. In November, Xi urged the Chinese military to be ready for potential war and outlined a vision for the People's Liberation Army to become a world-class force by 2027. The Chinese president also denounced "foreign interference" with Taiwan — a veiled threat against the US that came after House Speaker Nancy Pelosi's August visit to Taipei.

☆ China's Xi solidified grip on power during tumultuous 2022
▼ + stars: | 2022-12-29 | by ( Tony Munroe | ) www.reuters.com time to read: +5 min

It was a rare highlight for Xi in 2022, a tumultuous year capped by unprecedented street protests followed by the sudden reversal of his zero-COVID policy and coronavirus infections rampaging across the world's most populous country. Xi travelled abroad for the first since the start of the pandemic, meeting with Russian President Vladimir Putin in September. Later that month, protesters in cities across China took to the streets in opposition to nearly three years of stifling COVID-19 controls that were a signature Xi policy. Since the congress, China has reversed zero-COVID and said it will focus on stabilising its $17 trillion economy in 2023. The World Bank expects reopening of China's economy will lift growth to 4.3% in 2023 from its forecast of 2.7% for the current year.

The country spent big on quarantine and testing facilities over the past three years rather than bolstering hospitals and clinics and training medical staff, these people said. "There is no transition time for the medical system to prepare for this," said Zuofeng Zhang, professor of epidemiology at the University of California, Los Angeles. The failure to boost vaccination rates among the vulnerable could imperil China's health system, more than a dozen experts said. The death of a 23-year-old medical student in Chengdu on Dec. 14 fueled public ire at the strain on China's health system. Chen Jiming, a researcher at China's Foshan University, said there was every chance that China's medical system could cope now that the country has ended quarantine for asymptomatic and mild cases.

Now, as the country rapidly relaxes restrictions, millions of people have been told to keep going to work — even if they’re infected. For three years, its stringent approach has kept Covid cases and deaths relatively low in the country. Covid control workers walk by a closed shop near a community with residents under health monitoring for Covid on December 4 in Beijing. Top leaders at the Central Economic Work Conference, a key annual meeting that ended Friday, said in a statement that stabilizing economic growth was the top priority for 2023. Officials nationwide had worked frantically to contain Covid cases ahead of the highly sensitive twice-a-decade leadership reshuffle, which saw Chinese leader Xi Jinping emerge more powerful than ever into his third term.

It’s quite remarkable.”In his first five-year term on the Standing Committee, Wang ran the party's secretariat, an organ responsible for day-to-day affairs. In Xi's third leadership term, Wang is on track to be in charge of the Chinese People's Political Consultative Conference, an advisory body. "All the major slogans, from Jiang Zemin to Hu Jintao to Xi Jinping, seem to have come from Wang Huning," Lam said. 'AMERICA VS. AMERICA'Where most Standing Committee members have experience such as running a major city or province, Wang is an academic. During 1989's pro-democracy student protests, Wang told Xia not to stand with the students, a warning Xia did not heed.

His centre-left Social Democrats, the Greens and liberal Free Democrats, have had to wrangle to reach compromises, sometimes delaying decisions. Some European allies say the focus on domestic challenges and internal politicking have distracted Berlin from regional cooperation and especially the key German-French motor that traditionally drives the European Union. Relief measures worth hundreds of billions of euros have helped Scholz's coalition stave off serious social unrest due to soaring energy prices in the wake of the Ukraine war, but recent polls suggest it has lost its majority. MIXED MESSAGESTo be sure, Germany's allies have welcomed the Zeitenwende after years of warning the country of complacency on security. The government may for example not reach the NATO spending goal until 2025, a spokesman said this week.

☆ The year in review: What happened -- and what did not
▼ + stars: | 2022-12-06 | by ( Simon Robinson | ) www.reuters.com time to read: +5 min

With distant artillery fire booming across the capital, Ukraine's defence ministry urged residents to build petrol bombs to repel the invaders. President Volodymyr Zelenskiy filmed himself with aides on the streets of the city, vowing to defend his country's independence. Many in Moscow had expected Russia's military to sweep to victory, oust Zelenskiy's government and install a Russia-friendly regime. The big exception was China, whose zero-COVID policy has sparked protests and unrest in the past few weeks. Over the coming few weeks we'll recap the biggest, dig into why they mattered, and ask where they may be headed.

☆ Jiang Zemin: China's Xi calls for unity at former president's memorial service
▼ + stars: | 2022-12-06 | by ( Nectar Gan | ) edition.cnn.com time to read: +7 min

Hong Kong CNN —China’s Xi Jinping on Tuesday called on the country to unite around his leadership as he addressed a memorial service for former leader Jiang Zemin, following an unprecedented show of dissent over his zero-Covid policy and authoritarian rule. At the Great Hall of the People in Beijing, Xi led hundreds of China’s political and military elites to pay final tribute to Jiang, who died last Wednesday at the age of 96. Chinese leader Xi Jinping leads other officials to bow during a formal memorial for late former Chinese leader Jiang Zemin in Beijing on December 6, 2022. Coming to power in the aftermath of the 1989 Tiananmen crackdown, Jiang led China out of international isolation and guided its integration into the global market. On Tuesday, in his first public speech since the protests, Xi praised Jiang for ensuring the party’s survival from the “political storms” of his time.

☆ China Covid restrictions: Protesters win a partial victory as cities start to loosen controls
▼ + stars: | 2022-12-05 | by ( Nectar Gan | ) edition.cnn.com time to read: +6 min

Following protests nationwide, some local Chinese authorities have started to ease Covid restrictions – in what appears to be a shift toward gradual reopening as the country nears entering the fourth year of the pandemic. “I feel like everyone’s hard work is paying off,” said a protester who took part in a demonstration in Beijing. “Policy flip-flop is common.”In some cities, the partial relaxation has caused confusion and chaos on the ground. In Beijing, public venues such as shopping malls and office buildings still require a 48-hour negative Covid test for entry. I don’t celebrate, I just remember those brave friends with gratitude,” a Beijing resident posted on Weibo, in a reference to the protesters.

☆ 'Don't yell that': fears compete with calls for 'freedom' at China protests
▼ + stars: | 2022-12-02 | by ( Martin Quin Pollard | ) www.reuters.com time to read: +5 min

"Don't get people too riled up ... we didn't say anybody should step down," one lead protester told the crowd through a megaphone. Many people in the Sunday night crowd in Beijing shouted: "Return freedom to the people, end the lockdowns." But that worried some in the crowd, according to a Reuters witness. 'BRIDGE MAN'Public criticism of Xi or the Communist Party is exceedingly rare. "The average Chinese person knows it's extremely dangerous to question the rule of the Communist Party or Xi Jinping by name in any public context," said Delury.

☆ China’s lockdown protests spread to campuses and cities abroad
▼ + stars: | 2022-11-29 | by ( ) www.nbcnews.com time to read: +5 min

HONG KONG — Protests against China’s strict zero-Covid policy and restrictions on freedoms have spread to at least a dozen cities around the world in a show of solidarity with rare displays of defiance in China over the weekend. Expatriate dissidents and students staged small-scale vigils and protests in cities around the world including London, Paris, Tokyo and Sydney, according to a Reuters tally. In most cases, dozens of people attended the protests, though a few drew more than 100, the tally showed. The protests on the mainland were set off by a fire in China’s Xinjiang region last week that killed 10 people who were trapped in their apartments. It has been common in recent years for overseas Chinese students to rally in support of their government against its critics, but anti-government protests have been rare.

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