Key takeaways from 2024 China parliamentary meeting: economy, environment

A soldier in front of the Great Hall of the People on March 11, 2024, the closing day of the National People’s Congress in Beijing, China. Yin Hon Chow | CNBC BEIJING — China’s weeklong annual parliamentary meetings ended on Monday and for the first time in decades, the Chinese premier did not host a … Read more

China blames U.S. for bilateral tensions, reaffirms support for Palestinians

Chinese Foreign Minister Wang Yi in 2019. Mark Kauzlarich | Reuters 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. “There is some progress in the China-U.S. bilateral relationship, but we have to point out that U.S. continues … Read more

China’s top securities regulator to crack down on market manipulators

Wu Qing, Chairman of the China Securities Regulatory Commission, answers a question at a press conference during the second session of the 14th National People’s Congress (NPC) in Beijing on March 6, 2024. (Photo by WANG Zhao / AFP) (Photo by WANG ZHAO/AFP via Getty Images) Wang Zhao | Afp | Getty Images BEIJING — … Read more

China may have to resort to a tried-and-tested tactic to power its ‘new leap forward’

A Chinese flag flies high over The Bund. Liu Liqun | Corbis Documentary | Getty Images China may want a “new leap forward” in “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 set its annual … Read more

China ups military spending by 7.2%, vows to deter Taiwan ‘separatist activities’

Missiles on the background of the Chinese flag Anton Petrus | Moment | Getty Images China is set to increase its defense spending by 7.2% to 1.67 trillion yuan in 2024, according to a budget report released by the Ministry of Finance, as part of the country’s annual parliamentary meetings in Beijing. This year’s military … Read more

China appoints ‘Broker Butcher’ Wu Qing as new chairman of securities regulator

BEIJNG, CHINA – NOVEMBER 13: Illuminated skyscrapers stand at the central business district at sunset on November 13, 2023 in Beijing, China. (Photo by Gao Zehong/VCG via Getty Images) Vcg | Visual China Group | Getty Images China’s Cabinet on Wednesday appointed markets veteran Wu Qing as chairman of the China Securities Regulatory Commission, state … Read more

TPP’s Ko Wen-je may be kingmaker in split parliament

Taiwan People’s Party (TPP) presidential candidate Ko Wen-je speaks during an interview in New Taipei City on December 12, 2023. Presidential candidate Ko Wen-je has sought to portray himself as an alternative to Taiwan’s more established leaders, proposing what he calls a “pragmatic” approach to China ties that might attract some younger voters. I-Hwa Cheng … Read more

China reacts to pivotal Taiwan presidential election

Taiwan and China flags together textile cloth, fabric texture Oleksii Liskonih | Istock | Getty Images TAIPEI — China dismissed the outcome of Taiwan’s Saturday elections, saying its ruling Democratic Progressive Party does not represent mainstream public opinion after it failed to win a majority in the presidential and legislative votes. “Taiwan is China’s Taiwan,” … Read more

China skeptic Lai Ching-te wins presidential vote

Supporters of the Democratic Progressive party (DPP) await the announcement of official results at a rally on January 13, 2024 in Taipei, Taiwan. Annabelle Chih | Getty Images News | Getty Images TAIPEI — Taiwan’s ruling Democratic Progressive Party won an unprecedented third-straight presidential term, as incoming leader Lai Ching-te pledged to stay open-minded in … Read more

U.S., China keep a close watch as Taiwan heads to polls

Supporters listening to Kuomintang presidential candidate, Hou Yu-ih, as he speaks on the stage during an election campaign rally in Taichung, Taiwan, January 8, 2024. Man Hei Leung | Anadolu | Getty Images More than 19 million voters in Taiwan headed to the polls on Saturday to decide if the ruling Democratic Progressive Party should … Read more