Now that China is at a crossroads again, amid widespread concerns over the direction of the country and the state of its economy, remembering Deng has taken on a special significance. Deng, who died in 1997 at the age of 92, would have been heartened but unsurprised to see that China’s economy has become the … Read more
It was released at the end of the four-day session, known as the third plenum, an important event for the party elite to hammer out long-term strategies. 09:12 China’s third plenum: what to expect from the much-delayed policy meeting China’s third plenum: what to expect from the much-delayed policy meeting This plenum, during President Xi … Read more
On Tuesday the country released weaker-than-expected growth figures for the year’s first half, prompting some investment banks, including Goldman Sachs, to cut their annual growth forecast for the world’s second-largest economy. As Xi prepared to deliver a work report behind closed doors, the party’s leading theoretical journal Qiushi published a rallying cry by the Chinese … Read more
The world’s second-largest economy continues to grapple with an uneven recovery, but Li and other top leaders have tipped stable growth in the first half of the year and said that the around 5 per cent annual growth objective was attainable. Beijing is trying to whip up more positivity in the lead-up to the reform … Read more
Unswerving market-oriented reforms would be key for China’s upcoming third plenum, said a former senior official with Beijing’s top economic planner. “China’s economic reform has been going on for 45 years, and this year marks the 46th year, and the most important core issue is reconciling the relationship between the government and the market,” said … Read more
India has emphasised the need for comprehensive reform of the Security Council and raised a pertinent question on how much longer the will of five permanent members of the powerful UN body can override the collective voice of the world organization’s 188 member states. During the Inter-Governmental Negotiations on Security Council Reform, India’s Permanent Representative … Read more
