Xi Jinping
Asia-Pacific markets set to trade mixed as investors monitor recession fears
A man walks past the Tokyo Stock Exchange (TSE), operated by Japan Exchange Group Inc. (JPX), in Tokyo, Japan, on Monday, Nov. 30, 2020. Toru Hanai | Bloomberg via Getty Images SINGAPORE — Shares in the Asia-Pacific are poised to trade mixed on Monday as investors assess inflation and recession fears. The Nikkei futures contract […]
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Op-ed: The EU’s rewiring due to the war in Ukraine is game-changing, if it doesn’t short-circuit before the job is done
Europe has been rewiring itself in impressive ways in the five months since Russian President Vladimir Putin launched his invasion of Ukraine. The coming weeks will show whether that work of building a more resolute European Union for a future of new security challenges will continue. Or, instead, will the rewiring short-circuit before the job […]
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China’s Xi vows ‘more forceful’ tools to achieve this year’s economic targets
China is hosting the annual BRICS summit virtually this year. Pictured here is Chinese President Xi Jinping speaking via video at the United Nations General Assembly in New York, U.S., on Tuesday, Sept. 21, 2021. Bloomberg | Bloomberg | Getty Images BEIJING — Chinese President Xi Jinping made a rare statement Wednesday about his country’s […]
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Op-ed: Why China’s Xi Jinping’s damage control is all about heading off a crisis
For President Xi Jinping, dispatching his special envoy to Europe for a three-week charm tour was just one of many acts of high-stakes damage control ahead of the 20th Chinese Communist Party Congress this autumn. Xi’s economy is dangerously slowing, financing for his Belt and Road Initiative has tanked, his Zero Covid policy is flailing, […]
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China’s Xi says trade with Russia expected to hit new records in the coming months
Chinese President Xi Jinping spoke Friday via video at the St. Petersburg International Economic Forum’s plenary session, which Russian President Vladimir Putin opened with a speech over an hour long. This picture is from Putin’s visit to Beijing in early February 2022. Alexei Druzhinin | AFP | Getty Images BEIJING — Chinese President Xi Jinping […]
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Top financiers and millionaires just met up in the Swiss Alps. And the mood was terrible
The world’s financial elite gathered in Davos, Switzerland this week, and a darkening global economic outlook was the number one talking point. Source
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China’s state-backed blockchain company is set to launch its first major international project
China’s Blockchain-based Service Network (BSN) is planning a major international expansion project in August. Yuichiro Chino | Moment | Getty Images China’s state-backed blockchain company is planning its first major international expansion, its CEO told CNBC, as Beijing continues to make the technology a key priority. Blockchain-based Service Network (BSN) bills itself as a “one-stop […]
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China has signaled easing of its tech crackdown — but don’t expect a policy U-turn
China has shown signs of easing its crackdown on the technology sector which has wiped billions of dollars of value from its most prominent companies. But analysts said Beijing’s recent positive rhetoric should not be mistaken for a reversal of policy. “I think the big tech companies will have a grace period for maybe the […]
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Chinese e-commerce giant JD beats estimates despite slowest quarterly revenue growth on record
Chinese e-commerce giant JD.com posted its slowest quarterly revenue growth on record for the first three months of the year, as Covid-19 lockdowns in the world’s second-largest economy weighed on consumer spending. JD.com beat estimates on revenue but missed expectations on profit. Here’s how JD did in the first quarter of 2022, versus Refinitiv consensus […]
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China has been quietly building a blockchain platform. Here’s what we know
China has made blockchain technology a strategic priority. Blockchain-based Service Network, or BSN, is part of its efforts to boost its capabilities in the sector. Yuichiro Chino | Moment | Getty Images Chinese President Xi Jinping has declared that his country needs to “seize the opportunities” presented by blockchain technology. In a speech in 2019, […]
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