China’s Xi pitches a ‘shared future in cyberspace’ at internet forum amid decoupling fears

China’s Xi pitches a ‘shared future in cyberspace’ at internet forum amid decoupling fears

Chinese President Xi Jinping is promoting the idea of a “shared future in cyberspace” at the country’s annual internet conference this year amid an intensifying US-China rivalry that has raised concerns about technological decoupling, particularly in artificial intelligence (AI) and semiconductors. The advance of AI technologies has improved humans’ ability to change the world, but … Read more

China’s vice-premier pushes trade resilience amid US tariff threat

China’s vice-premier pushes trade resilience amid US tariff threat

Beijing’s top official handling trade and economic affairs talks with the United States inspected major container ports in China’s top exporting province on Sunday, amid concerns over the potential impact of US president-elect Donald Trump’s trade policies. During his visits to Nansha Port in the city of Guangzhou and Shekou Port in the city of … Read more

China’s Communist Party brings in new rules to regulate faith, loyalty and performance

China’s Communist Party brings in new rules to regulate faith, loyalty and performance

China’s ruling Communist Party has rolled out a set of new rules to remove incompetent members deemed lagging in their faith, loyalty and performance, in a bid to further strengthen the party’s control over the conduct of its nearly 100 million members. The new rules released by the party’s general office on Thursday, decree that … Read more

China aims to step up Russian energy cooperation despite US sanctions calls

China aims to step up Russian energy cooperation despite US sanctions calls

Cooperation should go deeper in “promising areas”, such as renewable energy and carbon markets, Ding said. The vice-premier suggested stronger “integrated cooperation” in upstream, midstream and downstream energy supply chains with upgrades to related cross-border infrastructure. He also floated the idea of using “multilateral platforms” to create a “fair, balanced and inclusive” global system of … Read more

China’s third plenum: tight security surrounds crucial meeting amid big policy questions

China’s third plenum: tight security surrounds crucial meeting amid big policy questions

The one-paragraph Xinhua report on Monday morning did not offer any further details of the meeting. 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 The event – formally known as the third plenum of the 20th Central Committee – is … Read more

China’s foreign investment, confidence push gathers speed as top officials highlight ‘win-win opportunities’

China’s foreign investment, confidence push gathers speed as top officials highlight ‘win-win opportunities’

China’s top leadership has gone all out to revive confidence and lure foreign investment in intensive meetings with foreign business leaders in recent days, setting out the “win-win opportunities ahead”, as Beijing seeks to achieve a seemingly challenging economic growth target for 2024. In a rare move, nearly all top-level officials responsible for economic affairs … Read more

China’s Alipay and WeChat Pay ease the way for foreign travellers to make payments in world’s largest cashless society

China’s Alipay and WeChat Pay ease the way for foreign travellers to make payments in world’s largest cashless society

Alipay’s annual cumulative transaction limit for foreign visitors has also been increased to US$50,000, up from the previous US$10,000 limit, in line with a new People’s Bank of China policy, the group said. 02:40 How mobile payments impact people’s lives in China How mobile payments impact people’s lives in China Tencent on Thursday said foreign … Read more

Xi Jinping urges ‘to the letter’ compliance as China’s economic recovery remains top concern

Xi Jinping urges ‘to the letter’ compliance as China’s economic recovery remains top concern

Xi’s comments, seen in a report released in the wake of the two-day conference, offer essential guidance for policymakers – and for observers, clear signs the country’s top leader sees movement has been lacking. You cannot procrastinate, dragging on small things until they become big ones, and delaying big things until they explodeXi Jinping “To … Read more