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BEIJING — China's top diplomat slammed the U.S. for worsening bilateral tensions, while reiterating Beijing's support for peaceful resolutions to the Middle East and Russia-Ukraine conflicts.
Philippine President Ferdinand Marcos Jnr has warned the risk of an armed conflict between his country and Beijing in the disputed South China Sea “is much higher now than it was before”, as he urged Chinese leader Xi Jinping to expedite the setting up of a hotline to help limit rising tensions.
China wants to unleash a "new leap forward" with "new productive forces" — but President Xi Jinping may need to resort to an old tactic to hit the country's ambitious growth target this year, one economist warns.
BEIJING (AP) — China’s blueprint for its economy in 2024 is replete with goals and promises, but it’s also notable for not spelling out specific moves to attain long-promised reforms that foreign businesses and investors have been hoping for.
BEIJING -- China's National People's Congress opened here Tuesday morning with Premier Li Qiang giving an unremarkable and notably short delivery of his first yearly government work report.
Finally, it appeared, things were back to normal.
Investors already seem unimpressed by China’s pledge to grow around 5% this year. It’s not because of what Premier Li Qiang said about Asia’s biggest economy but rather what his National People’s Congress report failed to address.
China’s top leaders on Tuesday set an ambitious target for growth as its economy is laboring under a steep slide in the housing market, consumer malaise and investor wariness.