China

Kashmir issue should be properly resolved in accordance with UN resolution: China

BEIJING, Oct 27 (APP): Chinese Foreign Ministry Spokesperson Mao Ning on Thursday said that the Kashmir issue should be properly resolved peacefully in accordance with the United Nations (UN) charter, relevant Security Council resolutions and bilateral agreement and stressed to avoid taking unilateral actions that could further complicate the situation.

China's Xi says willing to work with United States for mutual benefit

BEIJING, Oct 27 (Reuters) - President Xi Jinping said China is willing to work with the United States to find ways to get along to the benefit of both, Chinese state television reported on Thursday, ahead of a possible meeting with U.S. President Joe Biden in Indonesia.

As major powers, China and the United States should strengthen communication and cooperation to help provide stability to the world, Xi said in a message to an event of the National Committee on U.S.-China Relations on Wednesday.

Pakistan seeks China’s help to become regional manufacturing hub: Ghulam Qadir

BEIJING, Oct 26 (APP): Trade and industrial cooperation between China and Pakistan under the umbrella of China-Pakistan Economic Corridor (CPEC) is intended to make Pakistan a manufacturing and economic hub for the entire region, Commercial Counselor, Pakistan Embassy in China, Ghulam Qadir has said.

China's Xi deals knockout blow to once-powerful Youth League faction

BEIJING, Oct 26 (Reuters) - The three most glaring omissions from China's new Communist Party leadership share one common trait: all rose through its Youth League and were considered members of a once-powerful faction whose influence Xi Jinping has now effectively crushed.

Premier Li Keqiang and Vice Premier Wang Yang, both 67 and young enough to be re-appointed to the elite seven-member Politburo Standing Committee, were left off even the wider Central Committee, as Xi installed loyalists in top party posts during the recent twice-a-decade leadership reshuffle.

Global stocks higher on hopes US rate hike plans will ease

BEIJING (AP) — Global stock markets mostly gained Wednesday on hopes the Federal Reserve might ease off plans for interest rate hikes, while London opened lower after Britain installed its third prime minister this year amid an economic crisis.

Other European markets gained. Shanghai, Tokyo and Sydney closed higher. The euro edged above $1.

The future for Wall Street’s benchmark S&P 500 index declined after gaining for a third day Wednesday after bond prices rose. That suggested some investors expect the Fed to ease off rate hikes as economic activity cools.

China welcomes FATF decision to remove Pakistan from grey list

BEIJING, Oct 25 (APP): Chinese Foreign Ministry Spokesperson, Wang Wenbin has welcomed the decision of the Financial Action Task Force (FATF) to remove Pakistan from its “grey list” and said, this also showed international support and recognition of Pakistan’s endeavor in this regard.

“China welcomes the decision of the Financial Action Task Force (FATF) to remove Pakistan from its “grey list” and would like to send congratulations to Pakistan,” he said during his regular briefing.

Hu's dramatic China congress exit fuels speculation, official silence

BEIJING, Oct 24 (Reuters) - In a country where events are planned to minute detail and politics is cloaked in secrecy, former President Hu Jintao's dramatic escorted exit from the closing of the Communist Party Congress sent speculation among China-watchers into overdrive.

As per tradition, Hu, 79, had been seated on Saturday to the left of his successor, Xi Jinping, who was in the process of securing a third leadership term that was confirmed on Sunday.

World faces tension with China under Xi Jinping’s third term

BEIJING (AP) — The world faces the prospect of more tension with China over trade, security and human rights after Xi Jinping awarded himself a third five-year term Sunday as leader of the ruling Communist Party.

Xi has tightened control at home and is trying to use China’s economic heft to increase its influence abroad. Washington accused Beijing this month of trying to undermine U.S. alliances, global security and economic rules. Activists says Xi’s government wants to deflect criticism of abuses by changing the U.N.’s definition of human rights.

China’s Xi expands powers, promotes allies

BEIJING (AP) — President Xi Jinping, China’s most powerful leader in decades, increased his dominance Sunday when he was named to another term as head of the ruling Communist Party in a break with tradition and promoted allies who support his vision of tighter control over society and the struggling economy.

Xi, who took power in 2012, was awarded a third five-year term as general secretary, discarding a custom under which his predecessor left after 10 years. The 69-year-old leader is expected by some to try to stay in power for life.

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