Xi Jinping News

French President Emmanuel Macron has put trade disputes and Ukraine-related diplomatic efforts at the top of the agenda for talks with visiting Chinese President Xi Jinping

European Commission President Ursula von der Leyen said on Monday that the EU would not shrink back from taking tough measures to protect its economy and security, amid tense trade relations with China. «China that plays fair is good for all of us,» she said following trilateral talks in Paris with Chinese President Xi Jinping and French President Emmanuel Macron. «Europe will not waver from making tough decisions needed to protect its economy and its security,» she said. «We will defend our companies, we will defend our economies.»

Emmanuel Macron was on Monday set to warn Chinese leader Xi Jinping against backing Russia in the conflict over Ukraine but also seek to enlist his help in finding an end to the war. Xi is making a state visit to France marking 60 years of diplomatic relations between France and China. The trip is his first to Europe since 2019 and will also see him visit Serbia and Hungary later in the week.

Ukraine, trade and investment are expected to dominate Chinese leader Xi Jinping's first trip to Europe in five years, which starts in France on Monday

Ukraine, trade and investment are expected to dominate Chinese leader Xi Jinping's first trip to Europe in five years, as the Asian giant rebuilds its foreign relations after a prolonged absence during the Covid-19 pandemic. Xi will start the tour in Paris on Monday, meeting with French President Emmanuel Macron, who has been stressing the idea of European strategic autonomy from the U.S. On a visit to Beijing last year, Macron courted controversy by saying France would not necessarily always align with the U.S. in foreign policy, an apparent reference to American support for the self-governing republic of Taiwan, which China claims as its own territory to be annexed by force if necessary.

COVID-19 vaccine at the height of the pandemic in the country in 2020, has been dismissed from Parliament for alleged corruption. Yang Xiaoming, the chairman of China National Pharmaceutical Group's vaccine subsidiary China National Biotec Group (CNBG), has been stripped of his membership in the National People's Congress (NPC) due to serious discipline and law violations, official media reported here on Monday. The charge of serious discipline and law violations is a common euphemism for corruption under the ruling Communist Party of China (CPC) disciplinary practice.

Bank of Japan kept interest rates unchanged, driving the yen to a fresh 34-year low, while US inflation showed few signs of simmering down. The Japanese yen slumped as BOJ Governor Kazuo Ueda played down the impact on inflation from a weakening currency. While he’s indicated a preference to proceed gradually with rate increases, Ueda is trying to avoid restraining the economy. That’s becoming even more challenging after US data this week indicated inflation accelerated in the first quarter, reinforcing expectations the Federal Reserve is likely to keep interest rates higher for longer.

Airbus is in talks with China over a potentially major aircraft order ahead of a visit to France by Chinese President Xi Jinping in May, two people familiar with the matter said. One of the people said the package could involve hundreds of jets, but the other cautioned talks are at a preliminary stage.

investors were right to back him as an agent of change, Modi’s Bharatiya Janata Party peppered its 2014 poll manifesto with 22 references to “reform.” Ten years later, very little remains of that zeal. The BJP’s 2024 manifesto still promises to “reform, perform, transform.” But the few specifics it offers on the economy are modest — such as automatic approvals for standard housing designs. Gone are the days when Modi pledged to change everything from inefficient markets in labor and farm produce to entire sectors like banking. And yet, the appetite for a third term for the Indian leader is very high in the global financial industry. “Modi has done an unbelievable job in India,” JPMorgan Chase & Co. Chief Executive Officer Jamie Dimon said Tuesday at the Economic Club of New York. Both Goldman and JPMorgan are predicting a deluge of overseas capital after general elections are over on June 4. (The BJP is favorite to win the contest.)

BRUSSELS—The European Union is ramping up economic pressure on Beijing with two new probes into allegations of unfair Chinese business practices, days ahead of Chinese President Xi Jinping’s planned visits to Paris and Budapest. The European Commission, the bloc’s executive body, is voicing growing concern over Chinese subsidies and other economic policies that it says harm European businesses.

A report by the American Chamber of Commerce in China says that simmering tensions between Beijing and Washington remain the top worry for U.S. companies operating in China

China’s finance ministry has said it is in favor of the central bank resuming trading Treasury bonds, a move that would see the monetary authority dust off a rarely used tool in its policy kit. Officials at the ministry said that they would support the People’s Bank of China gradually restarting to trade Treasury bonds in open-market operations as they look to better coordinate the country’s fiscal and monetary policies.

People’s Republic of China’s (PRC) Central Military Commission (CMC), the apex military bureaucracy, held the founding meeting of the new Information Support Force (ISF) on April 19, 2024. The Chinese Communist Party General Secretary and Chairman of the CMC, Xi Jinping, awarded the military flag to the ISF. It was later announced that the People’s Liberation Army Strategic Support Force (PLA SSF) would cease to exist. Formed on December 31, 2015, the PLA SSF centralised space, cyber, electronic and psychological warfare capabilities into a single service. It was formed to create synergies between various advanced warfighting capabilities and was hailed as instrumental in achieving Xi’s stated goals of modernisation, informatisation, and converting the PLA into a world-class army. With this change, the PLA now has a new system with four services — the Army, Navy, Air Force and Rocket Force, and four arms — the Aerospace Force, Cyberspace Force, Information Support Force and Joint Logistic Support Force. What is Information Support Force?

Xi Jinping has ordered what amounts to the biggest reorganisation of the nation's military since 2015 in a move that affects the force in charge of capabilities including cyber warfare. China will terminate the Strategic Support Force, which was created more than eight years ago to enhance capabilities in space, cyber, political and electronic warfare, the official Xinhua News Agency reported on Friday. Xi is in turn creating a new branch called the Information Support Force. The aerospace and cyber units previously under the Strategic Support Force will now be organisationally parallel to the newly created Information Support Force, the defence ministry said in a statement. The aerospace unit will improve China's capability to use space and step up the management of space crises, the ministry said.

German Chancellor Olaf Scholz has told Chinese leader Xi Jinping who hosted him in Beijing that Russia’s full-scale invasion of Ukraine threatens global security, in an apparent call for China to apply greater pressure on its neighbor to end the war

Amid heightened tensions between China and Taiwan, Chinese President Xi Jinping told a former Taiwanese president who supports unification that the countries “belong” together.

German Chancellor Olaf Scholz has arrived in China on a visit focused on the increasingly tense economic relationship between the sides and differences over Russia's invasion of Ukraine

A former chairman of the China Everbright Group and ex-central bank executive has been indicted on bribery charges, part of a wider wave of prosecutions of senior officials accused of financial crimes

China has surged sales to Russia of machine tools, microelectronics and other technology that Moscow in turn is using to produce missiles, tanks, aircraft and other weaponry for use in its war against Ukraine, according to a US assessment. Two senior Biden administration officials, who discussed the sensitive findings Friday on the condition of anonymity, said that in 2023 about 90 per cent of Russia's microelectronics came from China, which Russia has used to make missiles, tanks and aircraft. Nearly 70 per cent of Russia's approximately USD 900 million in machine tool imports in the last quarter of 2023 came from China.

Taiwan and China can peacefully resolve their differences, former Taiwan President Ma Ying-jeou said on Thursday after meeting Chinese President Xi Jinping, adding that people on both sides of the Taiwan Strait share the same culture and history. Ma, president from 2008 to 2016, last year became the first former or sitting Taiwanese leader to visit China.

Reuters as saying that Russian Foreign Minister Sergei Lavrov's visit to Beijing could be seen as preparation for "upcoming contacts at the highest level." ALSO READ: China Providing Geospatial Intelligence to Russia, US Warns "Indeed, such contacts are planned and there is an understanding of their expediency and necessity, given the high level of friendly relations between the Russian Federation and China," Peskov told reporters. ALSO READ: Yellen Threatens Sanctions for China Banks That Aid Russia War "But we still consider it premature to specify any time frames.