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☆ Zero-Covid: China needs to balance the need for disease prevention and attracting FDI, says analyst
▼ + stars: | 2022-10-17 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailZero-Covid: China needs to balance the need for disease prevention and attracting FDI, says analystZhouchen Mao, head of research and advisory at Asia House, discusses Chinese President Xi Jinping's speech at the 20th National Congress of the Communist Party of China.

☆ China is going to pursue its goal of achieving a modern socialist economy by 2035, says economist
▼ + stars: | 2022-10-17 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailChina is going to pursue its goal of achieving a modern socialist economy by 2035, says economistCarlos Casanova of UBP discusses the 20th National Congress of the Communist Party of China, and says there was a marked increase in references to modernization, development and "socialism with Chinese characteristics."

☆ Asia-Pacific markets slip as recession fears weigh
▼ + stars: | 2022-10-17 | by ( Abigail Ng | ) www.cnbc.com time to read: +1 min

Pedestrians walk in front of an electronic quotation board displaying stock prices of the Tokyo Stock Exchange in Tokyo on March 7, 2022. Shares in the Asia-Pacific fell on Monday as recession fears weigh in over expectations of continued tighten monetary policies around the world. MSCI's broadest index of Asia-Pacific shares outside Japan was 0.6% lower. Later in the week week, several countries in the region are slated to report inflation data, while Australia will release unemployment statistics and China will announce its loan prime rate decision. U.S. stocks closed the previous week lower after a University of Michigan survey showed inflation expectations were increasing.

☆ China's Xi downplays need for rapid growth, proclaims Covid achievements
▼ + stars: | 2022-10-16 | by ( Evelyn Cheng | ) www.cnbc.com time to read: +4 min

Xi was speaking at the opening ceremony of the ruling Communist Party of China's 20th National Congress, held once every five years. In contrast, Xi on Sunday began his remarks with greater emphasis on China's "national rejuvenation" and opposition to Taiwan independence. watch now"Without solid material and technological foundations we cannot hope to build a great modern socialist country," Xi said in Chinese, according to an official English translation. China's Xi previously announced plans to reach peak carbon emissions by 2030, and carbon neutrality in 2060. Those measures, on top of China's Covid controls, have made foreign investors increasingly cautious about the potential growth opportunities in the country.

☆ Xi warns against foreign interference in Taiwan, says China will 'never promise to renounce' force
▼ + stars: | 2022-10-16 | by ( Evelyn Cheng | ) www.cnbc.com time to read: +1 min

In a wide-ranging speech during the opening session of the 20th Chinese Communist Party's Congress, Xi spoke firmly about China's resolve for reunification with the self-governed island, which Beijing considers part of its territory. BEIJING — Chinese President Xi Jinping said China reserves the option of "taking all measures necessary" against "interference by outside forces" on the issue of Taiwan. In a wide-ranging speech Sunday, Xi spoke firmly about China's resolve for reunification with the self-governed island, which Beijing considers part of its territory. "We will continue to strive for peaceful reunification with the greatest sincerity and the utmost effort," Xi said in Chinese, according to an official translation. "This is directed solely at interference by outside forces and a few separatists seeking Taiwan independence," he said, emphasizing that resolving the Taiwan question is a matter for the Chinese to resolve.

☆ Factbox: Key Xi quotes at China's 20th Communist Party Congress
▼ + stars: | 2022-10-16 | by ( ) www.reuters.com time to read: +6 min

Chinese President Xi Jinping speaks during the opening ceremony of the 20th National Congress of the Communist Party of China, at the Great Hall of the People in Beijing, China October 16, 2022. Register now for FREE unlimited access to Reuters.com Register"We persist in striving for the prospect of peaceful reunification with the greatest sincerity. "Corruption is the biggest cancer that harms the vitality and combat effectiveness of the party, and anti-corruption is the most thorough self-revolution. FOREIGN POLICY"We have comprehensively promoted major-country diplomacy with Chinese characteristics ... and unswervingly opposed any unilateralism, protectionism and bullying. POPULATION"We will establish a policy system to boost birth rates and pursue a proactive national strategy in response to population ageing."

☆ Analysis: Xi's new generals face tough military challenges post-congress
▼ + stars: | 2022-10-16 | by ( Greg Torode | ) www.reuters.com time to read: +7 min

Now come the tricky next steps for his Central Military Commission: implementing sweeping changes to its leadership, which commands China's two million-strong People's Liberation Army, potentially tightening Xi's grip over the military and its modernisation. Among those expected to step down are the body's vice chairmen, Generals Xu Qiliang and Zhang Youxia, both 72. Diplomatic challenges are also mounting, as China's military modernisation confronts the traditional U.S. strategic dominance in East Asia. Who is chosen could shed light on Xi's military priorities. "There is no shortage of senior military officers who internally parrot Xi's 'fight and win' mantra, but the conundrum for the PLA is the lack of operational experience," said Alexander Neill, a private military analyst.

☆ China to refine COVID measures, reiterates need for persistence
▼ + stars: | 2022-10-15 | by ( Yew Lun Tian | ) www.reuters.com time to read: +2 min

A woman walks past a poster welcoming the 20th National Congress of the Communist Party of China, in Beijing, China October 14, 2022. REUTERS/Tingshu WangBEIJING, Oct 15 (Reuters) - China will make its COVID-19 prevention measures more scientific, accurate and effective, a spokesman for the ruling Communist Party said on Saturday, while reiterating Beijing's stance that its pandemic approach is the right one. "If you count the general ledger, our epidemic prevention measures are the most economical and effective," Sun said. "Our prevention and control strategies and measures will become more scientific, more accurate, and more effective," he said. Cities across China, including its financial capital Shanghai, have been subjected to various degrees of economically disruptive and socially stifling lockdowns.

☆ China's Xi to open 20th Communist Party Congress
▼ + stars: | 2022-10-15 | by ( ) www.reuters.com time to read: +3 min

Visitors walk past a screen showing Chinese President Xi Jinping at the Museum of the Communist Party of China in Beijing, China October 13, 2022. REUTERS/Florence LoBEIJING, Oct 16 (Reuters) - Chinese President Xi Jinping is to open the 20th Communist Party Congress on Sunday, a week-long event where he is widely expected to win a third leadership term and cement his place as the country's most powerful ruler since Mao Zedong. REVOLUTIONARY'S SONThe son of a Communist Party revolutionary, Xi has reinvigorated a party that had grown deeply corrupt and increasingly irrelevant, expanding its presence across all aspects of China, with Xi officially its "core". The twice-a-decade congress is expected to reconfirm Xi as party general secretary, China's most powerful post, as well as chairman of the Central Military Commission. The day after the congress ends on Saturday, Xi is expected to introduce his new Politburo Standing Committee, a seven-person leadership team.

☆ China says it reserves right to use force over Taiwan
▼ + stars: | 2022-10-15 | by ( ) www.reuters.com time to read: +1 min

Spokesperson Sun Yeli speaks via video link at a news conference ahead of the 20th National Congress of the Communist Party of China, in Beijing, China October 15, 2022. REUTERS/Shubing WangBEIJING, Oct 15 (Reuters) - China reserves the right to use force over Taiwan as a last resort in compelling circumstances, though peaceful reunification is its first choice, a Communist Party spokesman said on Saturday. Reunification of China and Taiwan meets the interests of all, including Taiwan compatriots, Sun Yeli told a news conference in Beijing. President Xi Jinping is poised to win a third five-year term as general secretary of the ruling party, the most powerful job in the country, at the congress to be held in the Great Hall of the People in Beijing for a week starting on Sunday. Register now for FREE unlimited access to Reuters.com RegisterReporting by Yew Lun Tian, Writing by Martin Quin PollardOur Standards: The Thomson Reuters Trust Principles.

☆ China is no longer just any emerging market — it has become its own beast
▼ + stars: | 2022-10-14 | by ( Evelyn Cheng | ) www.cnbc.com time to read: +6 min

Analysts note longer-term trends of China's reduced dependency on foreign investment and intellectual property. Kevin Frayer | Getty Images News | Getty ImagesBEIJING — China is no longer just another emerging market play. Analysts note longer-term trends of China's reduced dependency on foreign investment and intellectual property. So far, she said, the number of clients excluding China isn't "overwhelming," and by metrics such as per capita GDP the country remains an emerging market. An internal party committee, or office, gathers together a company's employees who are members of the Communist Party of China.

☆ Xi wanted China to be at the tech frontier. 5 years on, tensions with the U.S. have dented that goal
▼ + stars: | 2022-10-14 | by ( Arjun Kharpal | ) www.cnbc.com time to read: +10 min

Major Chinese technology firms have been put on export blacklists since then. Looking ahead, the latest package of U.S. controls will make a huge dent in China's technology ambitions. Paul Triolo technology policy lead, Albright StonebridgeThings did not look as "bleak" for China's semiconductors in 2017 as they do now, Triolo said. China's tech crackdownA major hallmark of Xi's last five years is how he has transformed China into one of the strictest regulatory regimes globally for technology. China's technology giants are also posting their slowest growth in history, partly due to tighter regulations.

☆ China's 20th Communist Party Congress: What you need to know
▼ + stars: | 2022-10-13 | by ( ) www.reuters.com time to read: +1 min

A view of Chinese national flags in a street of an old neighbourhood as the city prepares for the 20th National Congress of the Communist Party of China, in Beijing, China October 11, 2022. REUTERS/Thomas PeterOct 13 (Reuters) - China's 20th Communist Party Congress kicks off on Sunday, with Xi Jinping widely expected to clinch his third five-year stint in charge - a mandate that would secure his stature as the country's most powerful ruler since founding leader Mao Zedong. * Little is known about who will be promoted into which key roles on the Politburo and its seven-member Standing Committee. Here are some of the leading contenders and some scenarios to look out for. Register now for FREE unlimited access to Reuters.com RegisterCompiled by Lincoln FeastOur Standards: The Thomson Reuters Trust Principles.

A view of Chinese national flags in a street of an old neighbourhood as the city prepares for the 20th National Congress of the Communist Party of China, in Beijing, China October 11, 2022. Smoke could be seen emanating from the roadway above where the banners were hung in Beijing's northwestern Haidian district, according to the images. China's zero-COVID policy, which has led to frequent lockdowns and caused heavy economic damage, has fuelled widespread frustration in Chinese cities. "There was a brave person in Beijing today," one Chinese social media user wrote, adding several thumbs up and roses of support. In Beijing there is no public dissatisfaction caused by epidemic control as in some other remote places in China."

☆ China's Communist Party leadership reshuffle: what to look for
▼ + stars: | 2022-10-11 | by ( Yew Lun Tian | ) www.reuters.com time to read: +7 min

Visitors are seen silhouetted against a Chinese Communist Party flag displayed at the Museum of the Communist Party of China in Beijing, China September 3, 2022. REUTERS/Florence LoBEIJING, Oct 11 (Reuters) - China's ruling Communist Party will reshuffle its leadership when it holds a once-in-five-years Congress starting Oct 16, with Xi Jinping widely expected to stay on for a third term as general secretary, China's senior-most position. Economic tsar and Vice Premier Liu He, 70, is due for retirement. The only woman in the Politburo, Vice Premier Sun Chunlan, 72, is also due to retire. Xu Qiliang and Zhang Youxia, both military chiefs in the Politburo age 72, are also due to retire.

☆ Security, red banners and COVID curbs: Beijing readies for 20th Congress
▼ + stars: | 2022-10-11 | by ( Eduardo Baptista | ) www.reuters.com time to read: +5 min

REUTERS/Thomas PeterBEIJING, Oct 11 (Reuters) - Beijing has stepped up security and COVID curbs and decorated the capital Beijing with red political banners as it gears up for a Communist Party congress where President Xi Jinping is poised to become China's most powerful leader since Mao Zedong. The 20th party congress, which opens on Oct. 16, occurs every five years and brings together 2,300 party members, mostly behind closed doors, at the vast Great Hall of the People on Tiananmen Square. One hashtag about Beijing "pop-up windows" started on Oct. 5 and generated over 12 million views by Tuesday. A lockdown in Beijing during Congress would be an even larger dent on Xi and the Party's unwavering commitment to zero-COVID. Besides the COVID "pop-up windows", Beijing authorities recently introduced a series of measures to show their commitment to keeping the Congress virus-free, from reinforcing COVID monitoring teams at key airports and railway stations to increasing the frequency of COVID testing for office workers.

☆ China's top leaders are set for a reshuffle. Here are the names to watch
▼ + stars: | 2022-10-10 | by ( Evelyn Cheng | ) www.cnbc.com time to read: +8 min

China's top leadership team around President Xi Jinping is set to change this month at a twice-a-decade congress. One of the most closely watched changes in the political reshuffle is the future of Premier Li Keqiang, who turned 67 this year. However, he could remain a standing committee member, JPMorgan analysts said, pointing to a precedent at the 15th party congress. Huang Kunming — Politburo member and head of China's propaganda department, who worked closely with Xi in the provinces of Fujian and Zhejiang, the report said. Yang Jiechi, a 72-year-old Politburo member and director of the party's central committee foreign affairs office, is widely expected to retire.

☆ Analysis: How China's Xi accumulated power, and why it matters in a third term
▼ + stars: | 2022-10-10 | by ( Yew Lun Tian | ) www.reuters.com time to read: +6 min

A visitor takes pictures in front of a screen displaying an image of Chinese President Xi Jinping, at the Museum of the Communist Party of China in Beijing, China September 3, 2022. Restoring the practice, which entails self-criticism in front of the general secretary, marked a small but symbolic example of how Xi has departed from China's collective leadership of recent decades and accumulated power unseen since Mao's time. The expected absence of a clear successor will also enable Xi to rule unchallenged but potentially ratchets up risk the longer he stays in power. Many were purged, including rivals for power like the popular former Chongqing party chief Bo Xilai. Xi also oversaw a crushing of dissent and forbade "disrespectful" discussion about the party among members.

☆ Hu Jintao Fast Facts
▼ + stars: | 2012-12-20 | by ( Cnn Editorial Research | ) edition.cnn.com time to read: +4 min

1982-1985 - Works for the Secretariat of the Central Committee of the Communist Youth League of China, eventually becoming its leader. 1992-1997 - Member of the 14th CPC Central Committee, the Politburo and the Standing Committee. 1993-2002 - President CPC, Central Committee’s Central Party School. 1997-2002 - Member of the 15th CPC Central Committee, the Politburo, the Standing Committee and later the Secretariat. 2002 - Becomes a member of the 16th CPC Central Committee, the Politburo and the Standing Committee.

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