CHINA PREMIER LI
Chinese premier calls for international AI cooperation
Chinese Premier Li Qiang on Thursday called for global cooperation and a more open mindset in artificial intelligence, as a rivalry between Beijing and Washington heats up in the nascent tech field. Chinese Premier Li on Thursday urged countries to adopt "more open mindsets" and promote international cooperation on AI.
China premier calls to 'oppose decoupling' at economic forum
Friction between the West and the world's second-largest economy has intensified in recent years, particularly as Beijing and Washington compete for supremacy in advanced technology and new "green" industries.
Chinese premier in Malaysia to push east coast rail link
Chinese Premier Li Qiang, who is on a three-day visit to Malaysia, said Wednesday the plan would make the central line of a proposed Pan-Asia Railway, running from Kunming in China to Singapore, a reality. "This will better promote the construction of new international land and sea trade corridors, enhance regional connectivity, and deepen the building of the ASEAN community," Li said.
Chinese premier promises more pandas and urges Australia to put aside differences
Li visited Adelaide Zoo, which has been home to China-born giant pandas Wang Wang and Fu Ni since 2009, before he was to have lunch at a restaurant at an Adelaide winery.
China ready to work with New Zealand to upgrade ties as Chinese Premier Li visits Wellington
New Zealand has in recent years taken a less assertive line with Beijing on security matters than its Western partners in the Five Eyes intelligence sharing partnership and has sought a consistent foreign policy approach to Beijing that spans political parties and administrations. But Luxon told reporters Monday that there were areas where, in talks with Li, Wellington would "call out our differences and discuss those openly, too."
Premier Li congratulates PM Modi on new term, says China willing to develop ties in 'right direction'
Chinese Premier Li Qiang congratulated PM Narendra Modi on his re-election, expressing willingness to enhance bilateral relations with Beijing for stability and positive energy in the region and the world.
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Leaders of South Korea, China and Japan to resume trilateral meeting to revive cooperation
South Korea, China, and Japan are meeting for their first trilateral summit in over four years, aiming to improve regional relations. While no major breakthroughs are expected, the resumption of these high-level talks is seen as a positive step. Key issues discussed include North Korea's nuclear ambitions, Taiwan, and the South China Sea. South Korean President Yoon Suk Yeol, Chinese Premier Li Qiang, and Japanese Prime Minister Fumio Kishida held bilateral meetings ahead of the summit. The leaders will focus on cooperation in trade, climate change, technology, and disaster response.
China's $138 billion stimulus bond sale starts on Friday
The finance ministry confirmed what four sources had told Reuters earlier on Monday that the 1 trillion yuan ($138.23 billion) of special government bonds would have tenors of 20 to 50 years and issuance will begin on May 17. The sources who have direct knowledge of the plans said 300 billion yuan worth of 20-year bonds, 600 billion yuan worth of 30-year bonds and 100 billion yuan worth of 50-year bonds would be issued.
Australian PM Albanese says China military air incident unacceptable
Australian Prime Minister Anthony Albanese criticized Beijing's actions as "unacceptable" after a Chinese fighter jet reportedly fired flares near an Australian navy helicopter in the Yellow Sea. The helicopter was enforcing UN sanctions on North Korea when the incident occurred. Canberra has expressed its concerns to China through diplomatic channels, but Beijing has yet to respond. This incident adds to existing tensions, especially regarding security, as Australia strengthens ties with the US to counter China's influence in the region.
China backing Elon Musk on full self-driving revs up Tesla shares
Prior to Monday's share price jump, Tesla shares had lost about a third of their value this year as concerns have grown about its growth trajectory. Key questions remain, however, on whether Tesla can secure government approvals to transfer data overseas that could prove pivotal in its development of autonomous vehicles.
China lifts restrictions, gives all clear nod for Tesla cars as Musk lobbies hard in surprise visit to Beijing
The China Association of Automobile Manufacturers and the National Computer Network Emergency Response Technical Team/Coordination Centre of China on Monday published a list of 76 models of intelligent connected vehicles that meet the country's auto data security requirements, including those from Tesla.
Germany's Scholz calls for fair competition and warns against dumping during China visit
German Chancellor Olaf Scholz has called for fair competition in trade relations with China, warning against dumping and overproduction. Scholz is visiting China amid looming EU tariffs on Chinese-made electric vehicles and other trade-related tensions. The European Union is mulling tariffs to protect its producers against cheaper Chinese electrical vehicle imports, which some fear will flood the European market.
US, China stabilised relations over past year, says Yellen
China wants the US to view the issue of production capacity objectively from a market-oriented and global perspective, the official Xinhua News Agency cited Li as saying.
US, China need 'tough' conversations, Janet Yellen tells Chinese Premier Li Qiang
Chinese Premier Li Qiang emphasized the importance of mutual respect between the United States and China, advocating for a partnership rather than adversarial relations.
China's March factory activity expands for first time in six months
China's manufacturing activity saw growth after six months in March, as per the official purchasing managers' index, rising to 50.8 from 49.1 in February. The non-manufacturing PMI also increased to 53 from 51.4, while the composite PMI stood at 52.7, indicating positive trends.
Chinese premier downplays risks to economy, highlights policy space
The world's second-largest economy has reported a solid start to 2024, with growth in exports, industrial production and investment beating expectations. That has reduced the urgency for authorities to add stimulus in the short term, though economists say more policy support is needed to reach the ambitious economic growth target of around 5% this year.
China to launch 'international manhunt' to target officials involved in graft in BRI projects: Report
The Central Commission for Discipline Inspection (CCDI), the ruling Communist Party of China's anti-corruption watchdog, made the call in a meeting on Tuesday with multiple agencies involved in the cross-border corruption hunt, the Hong Kong-based South China Morning Post reported.
More Chinese tied the knot in 2023, lifting marriage rates for first time in nine years
China's new marriages increased by 12.4% in 2023 due to COVID-19 impact. Premier Li Qiang aims for a birth-friendly society amidst declining population and challenges like youth unemployment in the slow-growing economy.
How China came to dominate the world in solar energy
While the United States and Europe are trying to revive renewable energy production and help companies fend off bankruptcy, China is racing far ahead.
Chinese premier says economic growth target is about 5%, on par with last year's rate
The consumer-led recovery hoped for after the end of anti-virus controls that kept millions of people at home faltered midway through last year, as falling housing prices and worries over jobs left many families either reluctant or unable to spend more. Control over the economy increasingly is concentrated under leader Xi Jinping.
China scraps Premier's annual press meet; likely to appoint a new foreign minister
"China cancels Premier's annual press conference for new policies in the world's second-largest economy. Speculation is rife that Liu Jianchao may become the new Foreign Minister during the National People's Congress (NPC). The NPC session will be held from March 5 to March 11
Chinese Premier Li calls for global cooperation, says China open for business
Chinese Premier Li Qiang, addressing the World Economic Forum, reassured the global business community of China's open economy amid concerns about a sluggish post-pandemic recovery and a real estate slump. Stressing the need to remove barriers to competition and cooperate on global challenges, Li highlighted China's rebound with an estimated 5.2% growth in 2023. European Commission President Ursula von der Leyen urged action on the Europe-China trade imbalance. Despite skepticism in boardrooms, Li pledged to address concerns and emphasized that investing in China is an opportunity, not a risk.
WEF at Davos: China's Premier Li Qiang tells world it is growing and open for business
China's Premier said healthy competition was key to enhancing cooperation and innovation, adding that the world needed to remove barriers to competition and cooperate on environmental strategies and international scientific exchange. Li also highlighted the importance of keeping global supply chains "stable and smooth".
Maldivian President Muizzu discusses measures to increase Chinese tourist numbers with Premier Li
Maldivian President Mohamed Muizzu met with Chinese Premier Li Qiang to discuss increasing Chinese tourists' numbers and implementing various projects committed by Beijing. After signing 20 agreements with Chinese President Xi Jinping, Muizzu focused on enhancing cooperation in e-commerce, Male's development plan, airport expansion, and tourism. Facing a diplomatic row with India due to derogatory remarks by his ministers, Muizzu urged China to boost tourism amid reported cancellations by Indian tourists. Chinese analysts see the Maldives as strategically important for expanding China's influence in the Indian Ocean, emphasizing the country's geopolitical significance
China says against supply chain decoupling, wants closer ties with all
Recent geopolitical tensions, from Russia's war in Ukraine to concerns over a future Chinese invasion of Taiwan, have led a growing number of foreign businesses to opt against expanding their supply chains in China.
Chinese Premier Li calls for practical steps to implement consensus reached at New Delhi summit of G20
Chinese Premier Li Qiang has urged G20 member nations to take practical steps to implement the consensus reached at the New Delhi summit to ensure development and prosperity. He urged member countries to prioritize development cooperation and oppose the politicisation of development issues.
The sudden death of former China's No. 2 leader Li Keqiang has shocked many
Li, who died Friday of a heart attack, was China’s top economic official for a decade, helping navigate the world’s second-largest economy through challenges such as tensions with the United States and the COVID-19 pandemic.
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