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Japan's Kishida sends letter to China's Xi - NHK
  + stars: | 2023-11-23 | by ( ) www.reuters.com   time to read: +1 min
[1/2] Japan's Prime Minister Fumio Kishida speaks during a summit discussion on the sidelines of the Asia-Pacific Economic Cooperation (APEC) summit, at the Stanford, California, U.S., November 17, 2023. REUTERS/Brittany Hosea-Small/File Photo Acquire Licensing RightsTOKYO, Nov 23 (Reuters) - A Beijing delegation of Komeito, the junior coalition partner of Japan's ruling party, handed a letter from Prime Minister Fumio Kishida for Chinese President Xi Jinping in a meeting with China's top leadership team on Wednesday, NHK reported. The broadcaster did not say what was in the letter. Komeito representatives and Kishida's office were not available to comment on Thursday, a public holiday in Japan. Yamaguchi and Cai also agreed to work toward a resumption of dialogue between the CPC and the coalition of the ruling Liberal Democratic Party (LDP) and Komeito, NHK reported.
Persons: Fumio Kishida, Brittany Hosea, Xi Jinping, Natsuo Yamaguchi, Cai Qi, Yamaguchi, Cai, Makiko Yamazaki, Stephen Coates Organizations: Japan's, Economic Cooperation, Stanford, REUTERS, Rights, Komeito, Wednesday, NHK, Communist Party of China, CPC, Central Committee, Liberal Democratic Party, Thomson Locations: Asia, California, U.S, Beijing, Japan, Taiwan
"Our view is very clear," Kinger Lau, Goldman Sachs chief China equity strategist, told CNBC's "Squawk Box Asia" on Tuesday. China rebalancingWith just under six weeks of the year remaining, the MSCI China and CSI 300 indexes are both poised for third-straight annual losses. Goldman Sachs noted both mutual and hedge fund mandates globally are running with multi-year low allocations in Chinese stocks. Key changesIn their latest outlook paper, Goldman Sachs strategists upgraded the food and beverage sector to overweight from market weight and technology hardware sector to overweight from underweight. Real estate has been a key driver of the downturn in the Chinese economy after Beijing started cracking down on the debt levels of mainland developers in 2020.
Persons: Goldman Sachs, Kinger Lau, CNBC's, it's, Lau Organizations: Getty, 20th Central Committee, Chinese Communist Party, CSI Locations: Beijing, China
That setup has drawn criticism from within the Nevada GOP about potential voter confusion and concerns that the state party is attempting to tilt the scale for Trump. A state-run ballot will be mailed to every resident before the primary; Nevada law requires universal mail ballots for primary and general elections. Political Cartoons View All 1223 Images“I hate it for our voters because of course they’re going to be confused,” said Will Bradley, a member of the Nevada Republican Party Central Committee. Trump's Nevada state director, Alida Benson, moved to his campaign in July after serving as the state party's executive director. He pushed for the caucuses despite a state law requiring a presidential primary, because the Democratic-controlled Legislature refused to consider Republican Gov.
Persons: it's, Donald Trump, , Will Bradley, ” Trump, Alida Benson, Michael McDonald, Democrat Joe Biden, McDonald, Joe Lombardo's, ” McDonald, Bradley, Lee Hoffman, Hoffman, ” Hoffman, “ That’s, ” ___ Stern, Stern, @gabestern326 Organizations: LAS VEGAS, , Republican, Republican Jewish, Nevada GOP, Trump, Nevada Republican Party Central Committee, Electoral College, Democrat, Democratic, Republican Gov, GOP, Central, Republicans, Associated Press, America Statehouse News Initiative, America Locations: — Nevada, Iowa, New Hampshire, Las Vegas, Israel, Nevada, Trump's Nevada, Clark, Vegas, Elko, Elko County, Massachusetts, Connecticut
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
China’s GDP allows room for stimulus waiting game
  + stars: | 2023-10-18 | by ( Chan Ka Sing | ) www.reuters.com   time to read: +3 min
HONG KONG, Oct 18 (Reuters Breakingviews) - For any major economy, 5% growth ought to be respectable. Yet anxiety over the attainability of that official target this year is one reason China's policymakers have faced growing calls from global stakeholders for more stimulus. The country’s GDP has grown 5.2% in the first nine months of this year. The world’s second-biggest economy grew 5.2% in the first nine months of 2023. The Chinese government has set a 5% growth target for this year.
Persons: Una Galani, Thomas Shum Organizations: Reuters, Services, National Bureau, Statistics, Thomson Locations: HONG KONG, Beijing, China
RENO, Nev. (AP) — The Nevada secretary of state’s office will hold a presidential primary for Republican voters, despite the Nevada GOP saying they’ll only honor the results of their party-run caucus to choose the Republican presidential nominee. A second longshot Republican presidential candidate cast their name on the presidential primary ballot Friday, triggering a 2021 state law that requires the Nevada secretary of state’s office to hold a presidential primary for the party. Political Cartoons View All 1202 ImagesStill, the caucus rules were approved in a vote by the state party’s central committee members late last month. Still, he maintained that their outreach will strictly be about the presidential primary process his office is running, not the party-run caucus. He said caucus outreach is the job of the state party and the candidates opt for the caucus.
Persons: they’ll, , Cisco Aguilar, “ That’s, Donald Trump, Michael McDonald, Joe Lombardo's, ” McDonald, Vivek Ramaswamy, Heath Fulkerson, John Castro —, Castro, Trump, Ron DeSantis, Ken Cuccinelli, ” Aguilar, “ It’s, ” ___ Stern, Stern Organizations: Republican, Nevada GOP, Nevada Republican, Trump, Trump Nevada GOP, Nevada's Democratic, Republican Gov, Republicans, Reno, Heath, Capitol, Super PAC, Florida Gov, Nevada, Associated Press, America Statehouse News Initiative, America Locations: RENO, Nev, The Nevada, Nevada, Trump Nevada, Texas
RENO, Nev. (AP) — The Nevada Republican Party approved rules Saturday for their presidential caucus that many campaigns suspect are meant to help former President Donald Trump win the state's GOP delegates. The provisions would bar any candidate from the Feb. 8 caucus if they participate in the state-run primary two days earlier. The moves reflect Trump's grip on many state parties and his status as the perennial frontrunner, particularly in Nevada, where the state GOP is run by allies of the former president. But those results will likely be symbolic since the state party refuses to use them to determine delegates. The national Republican Party generally allows state parties to decide how they will award delegates.
Persons: The, Donald Trump, Ron DeSantis, Trump, Michael McDonald, Joe Lombardo’s, ” McDonald, , ” Jim DeGraffenreid, ” DeGraffenreid, ” ___ Michelle L, Price, Stern Organizations: The Nevada Republican Party, GOP, Florida Gov, Associated Press, Nevada Republican Party, Republican Party, Republican, Nevada Republican Club, Nevada GOP, Republican Gov, Committeeman, Trump, America Statehouse News Initiative, America Locations: RENO, Nev, Florida, Nevada, Nevada , Louisiana , Pennsylvania, New Jersey, In Michigan, Idaho , Louisiana, Colorado, New York
The Nevada GOP says it will only recognize — and award delegates to presidential candidates — based on the results of the caucus. “This process will hurt the Republican Party and our candidates in 2024,” the leaders added. “The Nevada Republican Party will give average voters the impression they don’t care about them or their votes.”Nevada GOP Chairman Michael McDonald didn't return multiple phone calls and text messages. Trump's ties to the Nevada GOP are especially deep, with the organization led by longstanding allies, including McDonald and DeGraffenreid. David Gibbs, president of the Nevada Republican Club, said he's not concerned about criticism that the process could favor Trump.
Persons: Donald Trump's, Trump, it's, they're, Ron DeSantis, “ Trump, , Ken Cuccinelli, DeSantis, Michael McDonald didn't, Jim DeGraffenreid, Donald Trump, ” DeGraffenreid, That's, McDonald, Alida Benson, Vivek Ramaswamy, Nikki Haley’s, South Carolina Sen, Tim Scott, Mike Pence, they’ll, , Andrew Romeo, Cuccinelli, David Gibbs, he's, ___ Price, Jill Colvin, Meg Kinnard Organizations: GOP, Trump, Nevada Republicans, The Associated Press, Florida Gov, The, The Nevada GOP, Homeland Security, Nevada Republican Club, Republican, Nevada GOP, Republican Party, Nevada Republican Party, , ” Nevada GOP, AP, Democrat, Committeeman, Former South Carolina Gov, South Carolina, , Associated Press, S.C Locations: RENO, Nev, Nevada, Florida, The Nevada, ” Nevada, Michigan, Idaho, Iowa, New Hampshire, New York, Columbia
North Korean leader Kim Jong Un is greeted by Russian attends a welcoming ceremony upon his arrival at a railway station in the town of Artyom outside Vladivostok in the Primorsky region, Russia, September 16, 2023. Government of Russia's Primorsky Krai/Handout via REUTERS/File Photo Acquire Licensing RightsSEOUL, Sept 22 (Reuters) - North Korean leader Kim Jong Un discussed follow-up measures to his recent visit to Russia during the first formal meeting of the ruling Workers' Party's powerful politburo since his return, state media KCNA said on Friday. Kim returned home from a weeklong trip to Russia last week in which he and Russian President Vladimir Putin agreed to boost military and economic cooperation. On Wednesday, Kim briefed the party central committee's powerful politburo on his visit, and participants explored ways to "practically and comprehensively" implement its results and "constructive," long-term measures for developing relations with Russia, KCNA said. Seoul and Washington have expressed concern that Russia could be trying to acquire ammunition from North Korea to supplement its thinning stockpiles amid its war in Ukraine, while Pyongyang seeks technological help for its nuclear and missile programs.
Persons: Kim Jong Un, Kim Jong, KCNA, Kim, Vladimir Putin, Yoon Suk Yeol, Hyonhee Shin, Gerry Doyle Organizations: REUTERS, Rights, South, General, Thomson Locations: Russian, Artyom, Vladivostok, Primorsky, Russia, Russia's Primorsky Krai, Rights SEOUL, Seoul, Washington, North Korea, Ukraine, Pyongyang
Why is a nation with ambitions to become the dominant economic power in the world doing so many things to blunt that potential? Xi vs. the CCPMost, though not all, China watchers point to Xi himself as the instigator of those recent changes. "China's private sector, previously the growth engine of the Chinese economy, is paying the consequences," he told CNBC. In addition, he said "in recent months, China's National Development and Reform Commission has set up a bureau especially for private sector development." They cite external factors for weakness in the Chinese economy, including U.S. tariffs, trade restrictions, sanctions, and the sluggish post-pandemic global economy.
Persons: Xi Jinping, Lintao Zhang, Orville Schell, Schell, Jinping, Yasheng Huang, Xi, Ryan Hass, Kevin Rudd, Rudd, Anne Stevenson, Yang, Stevenson, Jack Ma, Mikhail Gorbachev, Liu Pengu, Yang Fan, Zhang Xinyu, Liza Tobin, Eric Schmidt Organizations: Political, CPC Central Committee, of People, Getty, Center, U.S, China Relations, The Asia Society, CNBC, Chinese Communist Party, Communist, MIT Sloan School, CCP, China Center, Brookings, Foreign Policy, Oxford University, J Capital Research, Communist Party, Party, U.S ., Soviet Union, National, Reform, Marxist Locations: Beijing, China, New York, U.S, Australia, United States, U.S . Congress, USSR, Soviet Union
Two Missouri Republicans were accused of burning books at a fundraising event Friday night. Schroer wrote alongside a photo of him using the flamethrower. Neither candidate specified that they were burning books during the event. Schroer denied that they were burning books, writing on X that the "fake news" was spreading "division and hate." Crystal Quade, Missouri House Minority Leader Crystal Quade and the sole Democratic gubernatorial candidate for the state, condemned Eigel on X.
Persons: Nick Schroer, Bill Eigel, Schroer, James Murphy, Schroer's, Murphy, Eigel, Quade, Crystal Quade Organizations: Missouri Republicans, Service, Missouri State Senators, State, Charles County Central Committee, Democratic Locations: Missouri, Wall, Silicon, St, Charles County, Jeff
Hong Kong CNN —China on Tuesday unveiled a plan to deepen integration between the coastal province of Fujian and self-governing Taiwan, touting the benefits of closer cross-strait cooperation while sending warships around the island in a show of military might. The document, hailed as a “blueprint” of Taiwan’s future development by Chinese experts cited in state media, comes at a delicate moment in cross-strait relations as Taiwan gears up for its presidential election in January. Ahead of Beijing’s release of its integration plan, a Chinese aircraft carrier and around two dozen Chinese warships were spotted gathering in waters near Taiwan this week, according to Taiwanese authorities. Fujian, a province of 40 million people on the western side of the Taiwan Strait, is the closest to Taiwan both geographically and culturally. In Tuesday’s directive, Beijing pledges to further speed up integration between the city of Xiamen and Kinmen – which are only a few miles apart.
Persons: Wang Ting, ” Wang, , China’s, Kinmen, Organizations: Hong Kong CNN, Communist Party’s Central, State, Communist Party, Democratic Progressive Party, Taiwan, Mainland Affairs Council, CNN, Times Locations: Hong Kong, China, Fujian, Taiwan, Beijing, Kinmen, Xiamen, Fuzhou, Matsu, Taipei
North Korea marks 75th founding anniversary
  + stars: | 2023-09-11 | by ( ) www.reuters.com   time to read: 1 min
[14/22]Read moreShare this photoA Chinese delegation led by Liu Kuk-jung, vice-premier of the State Council and member of the Political Bureau of the Central Committee of the Communist Party of China, who is visiting North Korea to participate in the celebration of its 75th founding anniversary, place flower baskets in front of the statues of North Korea's founder Kim Il Sung and former leader Kim Jong Il, at Mansudae hill,...
Persons: Liu Kuk, North, Kim Il Sung, Kim Jong Il Organizations: State Council, Political, Central Committee of, Communist Party of China Locations: North Korea
KCNA via REUTERS/File Photo Acquire Licensing RightsSEOUL, Sept 7 (Reuters) - A Chinese Communist Party and government delegation headed by Vice Premier Liu Guozhong will visit North Korea to take part in the celebration of the country's founding day later this week, state media KCNA reported on Thursday. North Korea celebrates its founding day on Sept. 9, known as the Day of the Foundation of the Republic, and this year will mark the 75th anniversary since the peninsula was freed from Japanese occupation. Russia has said it has nothing to say on the report, and North Korean state media have not mentioned any visit to Russia. In July, a Chinese delegation led by Chinese Communist Party Politburo member Li Hongzhong visited Pyongyang and attended a military parade commemorating the 70th anniversary of the end of the Korean War - the first visit by a Chinese delegation since the pandemic. Last month North Korea began allowing its citizens back into the country for the first time since 2020, when it closed its borders during the pandemic.
Persons: Kim Jong, Liu Guozhong, Kim Jong Un, Kim, Vladimir Putin, Li Hongzhong, Li, Sergei Shoigu, Hyunsu Yim, Josh Smith, Sandra Maler, Stephen Coates Organizations: Naval Command, Korean People's Army, Navy, North, Korean Central News Agency, Reuters, KCNA, REUTERS, Rights, Communist Party, Central Committee, Workers ' Party of Korea, Democratic People's, Foundation of, The New York Times, Chinese Communist Party, Russian Defence, United Nations Security Council, Thomson Locations: North Korea, Rights SEOUL, Democratic People's Republic of Korea, DPRK, Korea, Republic, Russia, Korean, Pyongyang, North Korean
North Korea stages 'tactical nuclear attack' drill
  + stars: | 2023-09-03 | by ( ) www.cnbc.com   time to read: +2 min
People watch a television broadcast showing a file image of a North Korean rocket launch at the Seoul Railway Station on August 24, 2023 in Seoul, South Korea. North Korea conducted a simulated "tactical nuclear attack" drill on Saturday that included two long-range cruise missiles, state media reported on Sunday, as leader Kim Jong Un inspected shipbuilding and munitions factories. The two cruise missiles carrying mock nuclear warheads were fired towards the West Sea of the peninsula and flew 1,500 kilometers (930 miles) at a preset altitude of 150 meters. A separate statement said Kim visited Pukjung Machine Complex, which produces marine engines, and a major munitions factory to stress the importance of strengthening Pyongyang's naval forces. North Korea has been stepping up its military deterrence against Washington and Seoul and has criticized last month's summit agreement between the two on improving military cooperations.
Persons: Kim Jong Un, Kim Organizations: Korean, Seoul Railway Station, Washington, Central Committee, Worker's Party of Locations: Seoul, South Korea, North Korea, Pyongyang, Worker's Party of Korea, U.S, Korea
General Ri Yong Gil was named to replace the military’s top general, chief of the General Staff Pak Su Il, KCNA reported, without elaborating. The United States has accused North Korea of providing arms to Russia for its war in Ukraine, including artillery shells, rockets and missiles. Russia and North Korea have denied those claims. North Korea is set to stage a militia parade on Sept. 9, marking the 75th anniversary of the Day of the Foundation of the Republic. North Korea has a number of paramilitary groups it uses to bolster its military forces.
Persons: Kim Jong Un, Kim, Ri Yong Gil, General Staff Pak Su Il, KCNA, Ri, Hyunsu Yim, Josh Smith, Stephen Coates Organizations: 8th Central Military Commission of, Workers ' Party of Korea, Central Committee of, Workers ' Party of, KCNA, REUTERS, Central Military Commission, General Staff, United, Foundation of, Thomson Locations: Workers ' Party of Korea, Pyongyang, North Korea, REUTERS SEOUL, Seoul, United States, Russia, Ukraine, Republic . North Korea, U.S, South Korea
Photos released by North Korean state media show Kim Jong Un's huge portraits of Vladimir Putin. The images show the leader giving Russian Defense Minister Sergei Shoigu a personal tour. The portraits were visible as the North Korean leader gave a personal tour to Russian Defense Minister Sergei Shoigu. In the bizarre images, Kim and Shoigu can be seen walking down a corridor while huge portraits of Putin and Kim loom over them from either side. Russia's Defense Minister Sergei Shoigu attends a reception for the Russian military delegation hosted by North Korean leader Kim Jong Un on July 27, 2023.
Persons: Kim Jong, Vladimir Putin, Sergei Shoigu, Shoigu, Kim Jong Un, Kim, Putin, Simon Miles, Miles, Biden Organizations: North, Russian, Service, North Korean, Russian Defense, Central Committee of, Workers ' Party, Daily, Russia's, Reuters, Mail, Korean Central News Agency, Associated Press, Duke University's Sanford School of Public, Soviet Union, AP Locations: North Korean, Wall, Silicon, Pyongyang, Vladivostok, Russia, North Korea, Soviet, North Koreans, Ukraine, Moscow, Russian
Seoul, South Korea CNN —A high-level Chinese government delegation is headed to North Korea this week, believed to be the highest-level representatives from Beijing to visit Pyongyang since the isolated country closed its borders during the Covid-19 pandemic. Li’s visit comes after an invitation from North Korea, the statement said. On Tuesday, North Korean state media said a Russian military delegation would also be visiting this week. North Korea silent on US soldierRelations have been further complicated by the decision of a US soldier to cross the border between North and South Korea last week in the demilitarized zone separating the two nations. King has not been publicly seen or heard from since he crossed into North Korea last Tuesday, and North Korea has also not said anything about the status or condition of the missing soldier.
Persons: Li Hongzhong, Hu Zhaoming, Li’s, , , Leif, Eric Easley, Easley, Jang, Kang Sun Nam, Travis King, Andrew Harrison, Matt Miller, Miller, “ I’m, ” Miller, King, Travis King’s, Kim, ” Easley Organizations: South Korea CNN, Communist Party, International, Department of, Central Committee, Ewha Womans University, United Nations Command, Beijing, Aid, Jeju Naval, South, South Korean Defence Ministry New, United Nations, South Korea’s, Chiefs of Staff, US Navy, Naval Base, South Korean Defence, Jeju Naval Base, South Korean, North Korean Defense, UNC, King, CNN, US State Department, King , State, North Korean, State Department, Womans University Locations: Seoul, South Korea, North Korea, Beijing, Pyongyang, Seoul . North Korea, China, United States, Aid Korea, North Korean, Russian, Soviet Union, Korea, Annapolis, South Korean, South, Jeju, Kentucky, Busan, ” an Ohio, DPRK, North, Washington, King ,
HONG KONG, July 18 (Reuters) - China plans to appoint the CEO of state-owned telecoms giant China Unicom (0762.HK), (600050.SS), Liu Liehong, as the head of its new national data bureau, four sources said, putting him in charge of efforts to make the country a digital superpower. China announced plans for the data bureau in March as part of a sweeping government reshuffle. Its formation is part of efforts to achieve President Xi Jinping's vision of a "digital China", where data is managed alongside labour and capital as a key economic driver. China's internet regulator, the Cyberspace Administration of China (CAC), will also transfer some staff to the data bureau, said one source. "Whether Mr. Liu Liehong will take up any role in the National Data Bureau shall be subject to the decision of the PRC government," it added.
Persons: Liu Liehong, Liu, Xi, China Unicom, Julie Zhu, Kevin Huang, Jane Xu, Brenda Goh, Sam Holmes Organizations: HK, National Data Bureau, Reuters, China, Tech Development Department, Cyberspace Administration of China, CAC, Information Office, National, Bureau, China Electronics Technology Group Corporation, Ministry of Industry, Information Technology, Communist Party, Committee, Thomson Locations: HONG KONG, China, Hong Kong, Chengdu, Sichuan province
JENIN, West Bank, July 12 (Reuters) - Palestinian President Mahmoud Abbas visited the West Bank city of Jenin on Wednesday, days after three of his senior officials were forced to flee a funeral by crowds furious at their response to an Israeli assault days earlier. The anger of the crowd at the funeral for fighters killed in the two-day long Israeli operation highlighted the deep unpopularity of the Palestinian Authority and the widening rifts among different Palestinian factions. The 87-year-old Abbas, who has rebuffed pressure to step down, visited the cemetery where the funeral was held, at the entrance to the Jenin refugee camp. "The heroic Jenin camp stood against the aggression sacrificed its casualties and offered all it has for the sake of the homeland," Abbas said. [1/4]Palestinian President Mahmoud Abbas visits Jenin, in the Israeli-occupied West Bank, July 12, 2023.
Persons: Mahmoud Abbas, Abbas, Fatah, Mohamad Torokman, Nidal al, James Mackenzie, Angus MacSwan Organizations: West Bank, Palestinian Authority, REUTERS, Palestinian, Fatah, Thomson Locations: JENIN, West, Jenin, Israel, Nablus, Oslo, Gaza
Treasury Secretary Janet Yellen referred to PBOC Deputy Governor Pan Gongsheng, whom she meet during a series of meetings with top Chinese officials, as the head of the central bank during a press conference ending her visit to Beijing on Sunday. The Treasury Department was already referring to Pan as central bank head after Yellen met him on Friday. Pan, 60, has been deputy governor since 2012 and is China's top foreign exchange regulator. Governor Yi has been widely expected to retire since being left off the ruling Communist Party's Central Committee during the party's once-in-five-years congress in October. Reporting by Andrea Shalal in Beijing; Additional reporting by Reuters Beijing newsroom; Writing by John Geddie; Editing by William MallardOur Standards: The Thomson Reuters Trust Principles.
Persons: Janet Yellen, Pan Gongsheng, Yi, Yellen, Premier Li Qiang, Pan, Andrea Shalal, John Geddie, William Mallard Organizations: United, People's Bank of China, Sunday, Communist Party, Pan, Treasury, Premier, Information Office, Cambridge, Harvard, Communist Party's, Reuters, Thomson Locations: BEIJING, United States, Chinese, Beijing, China's, China, Reuters Beijing
BEIJING, July 9 (Reuters) - China is tamping down on meetings that provide false information and could harm citizens, state media said, as the authorities step up oversight on what they consider questionable activities in various areas. China wants to curb activities like gatherings and forums that collect fees irregularly and schemes that provide participants money, expensive gifts or securities, it said. The irregular activities include unofficial ventures claiming to be organised by authorities and activities improperly described as "national" "international" or "summits", state media reported. In its recent crackdown, China has shut more than 100,000 online accounts that it said created fake news and content and has targeted rumours that hurt businesses. Reporting by Bernard Orr and Qiaoyi Li; Editing by William MallardOur Standards: The Thomson Reuters Trust Principles.
Persons: Bernard Orr, Qiaoyi Li, William Mallard Organizations: Department, Communist Party of China Central Committee, Thomson Locations: BEIJING, China, Xinhua
Former President Donald Trump reacts to crowd applause during a campaign event on July 1, 2023 in Pickens, South Carolina. Iowa Republicans have scheduled the party's presidential nominating caucuses for Jan. 15, 2024, putting the first votes of the next election a little more than six months away. The Iowa Republican Party's state central committee voted unanimously Saturday to hold the leadoff contests on the third Monday in January — on the Martin Luther King Jr. Day federal holiday. The GOP date is earlier by several weeks than the past three Iowa caucuses, though not as early as 2008, when they were held just three days into the new year. Caucuses, unlike primary elections, are contests planned, financed and carried out by the parties, not state election officials.
Persons: Donald Trump, Martin Luther King Jr, Joe Biden, Jeff Kaufmann Organizations: Republican Party . Iowa Republicans, Iowa Republican, Republican, Democratic, GOP, South, South Carolina Republicans, Iowa Democrats, state's Republican Party, Republicans, Iowa, DNC Locations: Pickens , South Carolina, , Iowa, New Hampshire, South Carolina, Nevada
China plays it safe with new central bank chief
  + stars: | 2023-07-03 | by ( ) www.reuters.com   time to read: +2 min
LONDON, July 3 (Reuters Breakingviews) - The new boss of the People’s Bank of China (PBOC) is probably a relief to those anxiously watching the future of the most meritocratic regulator in the country. The ruling Communist Party on Saturday appointed Pan Gongsheng, who has been deputy governor for the past 11 years, as party secretary – the de facto boss that supervises the institution. The Wall Street Journal said that would be a prelude to Pan becoming governor next, citing unnamed sources. The appointment of Pan, who has since 2015 also run the State Administration of Foreign Exchange (SAFE), is a surprise. It’s unlikely Pan will deviate much from the current monetary policy trajectories, even if he helms both the party secretary and governor roles.
Persons: Pan Gongsheng, , Pan, Yi Gang, helms, Yawen Chen, , George Hay, Pranav Kiran Organizations: Reuters, People’s Bank of China, Communist Party, Saturday, Street Journal, State Administration of Foreign Exchange, Committee, Cambridge, Harvard, Agricultural Bank of China, U.S ., Twitter, KKR, Thomson Locations: United States, Hong Kong, Shanghai, China
Pan Gongsheng was appointed Saturday as the new Communist Party chief at the People’s Bank of China (PBOC), in a surprise move as Beijing bolsters its drive to arrest the country’s economic slowdown and stem a slide in its currency. Pan currently serves as the deputy governor of the PBOC. “My initial reaction is this suggests Xi [Jinping] is more concerned about China’s economy than before the 20th Party Congress,” Thomas said. Since then, he has spent nearly two decades working at large state-owned banks, including the Industrial and Commercial Bank of China (ICBC) and the Agricultural Bank of China (ABC). After returning to China, he was promoted to deputy governor at the PBOC in 2012.
Persons: Yi Gang, Pan Gongsheng, Janet Yellen, Pan, Yi, didn’t, Guo Shuqing, Neil Thomas, wasn’t, ” Thomas, Xi, Mao, Thomas, China’s, Biden, Organizations: Beijing CNN, Cambridge University, Harvard University, Communist Party, People’s Bank of China, Securities Times, CNN, Ant, Asia Society, Center for, Communist Party’s, Committee, 20th Party Congress, Wall Street Journal, Treasury Department, Renmin University of China, Industrial, Commercial Bank of China, Agricultural Bank of China, ABC, Harvard University’s Kennedy School of Government, State Administration of Foreign Exchange, Beijing, P Global, PMI Locations: Hong Kong, Beijing, China, Shanghai, Center for China, United States, West
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