Page 7 - Xi Jinping

US President Biden faces 'unpredictable' era with China's empowered Xi

President Joe Biden's administration is taking stock of a newly empowered Xi Jinping as the Chinese president begins a third, norm-breaking five-year term as Communist Party leader. With US-Chinese relations already fraught, concerns are growing in Washington that more difficult days may be ahead. Xi has amassed a measure of power over China's ruling party unseen since Mao Zedong, the leader from 1949 until his death in 1976. Xi's consolidation of power comes as the United States has updated its defense and national security strategies to reflect that China is now America's most potent military and economic adversary. Biden takes pride in having built rapport with Xi since first meeting him more than a decade ago, when they served as their countries' vice presidents. But Biden now faces, in Xi, a counterpart buoyed by a greater measure of power and determined to cement China's superpower status even while navigating strong economic and diplomatic headwinds. We're not back in the M

BS Views of the week: Rishi Sunak, currency notes, Xi Jinping, and more

Xi Jinping kicks off third term with a flurry of diplomatic activity

China will host a flurry of top foreign leaders this week, as President Xi Jinping kicks off a norm-busting third term during which he's vowed to increase his nation's global influence

China reaffirms support for Putin after Xi's 3rd term victory at Congress

China has reaffirmed its firm support to Russian President Vladimir Putin, playing down reports that it may recalibrate its strategy towards Moscow after the key Communist Party Congress which endorsed President Xi Jinping for a record third five-year term. Chinese Foreign Minister Wang Yi held a telephonic conversation with his Russian counterpart Sergey Lavrov on Thursday. Wang, who was elected to the 24-member Politburo, a high-power body of the ruling Communist Party of China (CPC), is emerging as Xi's top official on foreign policy issues. He will take over his new position in March next year. Wang chose to make his first phone call to Lavrov after the party congress to highlight the continued importance Beijing attached to Moscow. China is willing to deepen exchanges with Russia at all levels and promote bilateral relations and cooperation in various fields to a higher level, he was quoted as saying by the state-run Xinhua news agency. In his interaction with Lavrov, Wang sa

Foxconn's China iPhone factory in disarray due to Covid outbreak: Report

Foxconn's factory in Zhengzhou in central China is the world's largest assembly plant for Apple's iPhones

CCP Meet: Big Hu, Small Hu and the who's who

Here's what we have learnt about China's emerging trajectory and ideology under Xi Jinping from observing the events before and after the Party Congress

Pak PM Shehbaz Sharif to meet Chinese President Xi on China visit next week

Pakistan Prime Minister Shehbaz Sharif will embark on a two-day visit to China next week and meet President Xi Jinping during which they will review the all-weather strategic cooperation partnership and exchange views on regional and global developments, the foreign ministry said here on Wednesday. Sharif will be among the first foreign leaders to visit China following the recently-concluded historic 20th National Congress of the Communist Party of China in which President Xi won an unprecedented third five-year term in power. Sharif's trip to China comes at a time when cash-strapped Pakistan is making all efforts to arrange billions of dollars for payment of debts and bridge trade deficit. Pakistan owes Paris Club countries a combined sum of around USD 10.7 billion. The Paris Club is a group of officials from major creditor nations whose role is to find coordinated and sustainable solutions to the payment difficulties experienced by debtor countries. According to the International

China's budget deficit nears record $1 trillion as economy slows

Chinese authorities have struggled to make ends meet this year as massive tax rebates and the persistent housing market crisis have cut government income sharply

Chinese firm shares slump in US as President Xi Jinping starts third term

Shares of Chinese firms listed in the US have slumped on concerns that President Xi Jinping will continue with his ideology-driven approach at the cost of economic growth

Best of BS Opinion: Uncertain outlook, bear market patterns, and more

Here are the top BS Opinion articles of the day

Chinese stocks slide as leadership overhaul disappoints investors

The offshore yuan weakened as much as 0.7% to 7.2782 per dollar Monday morning to approach a record low seen last week

Crouching dragon

Xi Jinping's absolute power will test the world's second-largest economy

World faces prospect of tension with China under Xi Jinping's third term

The world faces the prospect of more tension with China over trade, security and human rights after Xi Jinping, the country's most powerful leader in decades, awarded himself another term 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 say Xi's government wants to deflect criticism of abuses by changing the U.N.'s definition of human rights. Xi says the world system is broken and China has answers, said William Callahan of the London School of Economics. More and more, Xi Jinping is talking about the Chinese style as a universal model of the world order, which goes back to a Cold War kind of conflict. At a Communist Party congress that wrapped up Saturday, Xi gave no sign of plans to change the severe zero-COVID strategy that has frustrated China's public and .

Chinese President Xi creates history, wins record third term in power

Chinese President Xi Jinping on Sunday said that China will open its door wider to the rest of the world, as he secured the historic third term as the leader of the Communist Party of China

Xi's 3rd term could be full of challenges for Taiwan and world: Report

Chinese President Xi Jinping was elected as general secretary of the 20th Central Committee of the Communist Party of China, however, it may prove disastrous for world peace, as well as Taiwan

Xi warns of 'dangerous storms', reflects China's growing assertive stance

Xi has unveiled the other six members of the Standing Committee, China's most powerful decision making body - stacked with loyalists and allies, limiting potential resistance, CNN reported

Xi Jinping re-elected for third term: A princeling turned China's Mao 2.0

A decade ago when the powerful covert factions of China's ruling Communist Party chose Xi Jinping as a compromise candidate to lead the party in ending a bitter power struggle, few had an inkling that the suave and sedate "princeling" will cast himself on the mould of party founder Mao Zedong and bulldoze his way to become the leader for life. At the 18th Congress of the Communist Party of China (CPC) in November 2012 to choose a successor to then-President Hu Jintao, it was a toss between Xi, the then Vice President, and urbane and intellectual Vice Premier Li Keqiang. Xi won the race following which Hu, who pitched for Li, made a quiet exit complying with the steadfastly adhered rule followed by all his predecessors handing over the reins to Xi, known as the princeling for being the son of the former influential Vice Premier of Mao era Xi Zhongxun. Li, once Xi's rival, who became the number two ranked leader with the post of Premier in the ensuing months fell in line and endorsed

Chinese Prez Xi Jinping creates history, wins record third term in power

Chinese President Xi Jinping on Sunday created history, becoming the first leader of the ruling Communist Party after party founder Mao Zedong to get re-elected for an unprecedented third term in power with the prospect of ruling China for life. Xi, 69, who was elected Sunday morning as General Secretary of the Communist Party for 3rd five-year tenure by the new seven-member Standing Committee packed with his supporters appeared before the local and foreign media here to herald the new era, widely termed 'Xi era'. Xi's election for the third term in power formally ends the over three decades rule followed by his predecessors, barring Mao, of retiring after a 10-year tenure. Xi was first elected in 2012 and will be completing his 10-year tenure this year. With moderates like Premier Li Keqiang, who was ranked number two, eased out in the election to over 300-member Central Committee on Saturday by the once-in-a-five-year Congress of the Communist Party of China (CPC), the Committee .

China's party Congress concludes: Xi's endorsement for 3rd term on Sunday

The key Congress of China's ruling Communist Party concluded its week-long session on Saturday after electing the party's Central Committee and passing several key resolutions, including an amendment to its Constitution to grant more powers to President Xi Jinping. The meeting was presided over by Xi, who is expected to be endorsed for an unprecedented third term on Sunday. It elected the Central Committee comprising over 370 senior leaders. The Central Committee, a powerful body comprising top leaders, will meet on Sunday to elect the Political Bureau which will elect the powerful Standing Committee of about seven members. The Standing Committee in turn will elect the General-Secretary as per the party's procedure. Xi, 69, who remained the General Secretary of the party since 2012, is expected to be part of the new Standing Committee which will endorse a third five-year term to him. Xi, who is completing a 10-year tenure this year, will be the first Chinese leader after party fo

China may boost nuclear weapon after Xi's assertion to establish deterrence

China is expected to boost its nuclear arsenal after President Xi Jinping's remarks at the key Congress of the ruling Communist Party here for the first time that Beijing will establish strong strategic deterrence, experts have said. We will establish a strong system of strategic deterrence, Xi, who is widely expected to be endorsed for a record third five-year term by the Congress of the CPC, told its opening session on October 16. In the 63-page report, Xi, who also heads the Central Military Commission (CMC) - the overall high command of the two million-strong People's Liberation Army (PLA) - devoted a special section to the military titled Achieving the Central Goal of the PLA and Further Modernising National Defence and Military. He also called for accelerated development of unmanned, intelligent combat capabilities, promotion of coordinated development and application of the network information system. There was no mention of the concept of strategic deterrence in Xi's last .