Hong Kong CNN — China’s most important annual political meetings wrapped up Monday, leaving leader Xi Jinping firmly at the helm of a superpower that appears more eager to push back against the United States than at any time in decades. Much of what took place over 10 days in Beijing at the highly choreographed […]
Hong Kong CNN — China’s rubber-stamp legislature has appointed Li Qiang, a long-time aide of leader Xi Jinping, as premier, the man tasked with reviving the world’s second-largest economy after three years of zero-Covid restrictions. The National People’s Congress endorsed Li in a largely ceremonial vote at the Great Hall of the People in Beijing […]
Hong Kong CNN — China’s outgoing Premier Li Keqiang has announced the country’s lowest GDP growth target in decades, highlighting the domestic and global challenges the world’s second largest economy still faces despite its decision late last year to ditch draconian anti-Covid measures. Li set a target of about 5% growth for 2023 during the […]
CNN — It is a moment that for many observers has come to define strongman leader Xi Jinping’s tightening grip on China: his visibly frail predecessor, Hu Jintao, being escorted out of a key Communist Party meeting during a five-yearly leadership reshuffle – apparently at Xi’s behest. Images of two men ushering the 79-year-old from […]
Hong Kong CNN Business — When Chinese leader Xi Jinping secured a historic third term in power at the weekend and stacked his top team with loyalists in a clean sweep not seen since the Mao era, investors were quick to pass judgment. Chinese stocks listed in Hong Kong and New York crashed on Monday, […]
Editor’s Note: A version of this story appeared in CNN’s Meanwhile in China newsletter, a three-times-a-week update exploring what you need to know about the country’s rise and how it impacts the world. Sign up here. Hong Kong CNN Business — The future looked promising for Cherry in May last year, when she secured a […]