Tag: Chinas
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Who does China’s president want to win the U.S. election?
“U.S.-China ties will still be challenged during a Harris presidency but could be more stable than during the Trump and Biden years,” Wu said. Harris has never been to China but she has made multiple trips to Asia as vice president, including to the Philippines, where she reiterated Washington’s commitment to defending its ally against…
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China’s economic woes give its markets a week to forget, and its public little cause for optimism
BEIJING — A wave of optimism swept Chinese markets recently when Beijing announced a stimulus package many hoped would pave the way for a wave of investment to help fuel a recovery for the world’s second-largest economy. Traders rushed to buy Chinese stocks, sending the top Shanghai and Hong Kong indexes soaring. But the measures…
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‘No challenges can stop China’s progress,’ Xi Jinping says in 75th anniversary speech
BEIJING — Chinese President Xi Jinping said Monday that no challenges can stop the country from moving forward and reiterated Beijing’s reunification aims with Taiwan. He was speaking at a reception commemorating the 75th anniversary of the People’s Republic of China, which was founded on Oct. 1, 1949. “The path ahead will definitely see challenges,” Xi said,…
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Former defense minister set to lead Japan amid efforts to counter China’s growing power
TOKYO — Shigeru Ishiba is set to become Japan’s next prime minister after the governing Liberal Democratic Party elected him as its new leader on Friday. Ishiba, a former defense minister, will be named prime minister of the U.S. ally on Tuesday when Prime Minister Fumio Kishida and his cabinet ministers resign and Ishiba is…
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China’s youth unemployment hits fresh high amid economic slowdown and restrictive hiring policies
China’s youth unemployment rate in August rose to the highest level since the new system of record-keeping began in December, driven by an economic slowdown and restrictive hiring policies, according to analysts. The jobless rate for people in China ages 16 to 24, and not in school, rose to 18.8% last month, data from the National…