China wrapped up its week-long National Party Congress meetings on Tuesday, where its nearly 3,000 representatives cast votes to pass a total of seven bills in half an hour. Analysts called China’s two sessions a rubber-stamp political gathering, where many dissidents have been placed on “forced holidays” outside of Beijing so that their voice would…
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Xi’s remarks came in response to a 2024 work report presented by authorities, which he ’earnestly reviewed… and proposed important requirements,’ according to state news agency Xinhua read more Chinese President Xi Jinping urged senior officials on Wednesday that Beijing should deal with internal and international issues “calmly,” one week before the country’s largest annual…
China on Tuesday appeared not keen to join US President Donald Trump‘s proposal for a 50 per cent cut in defence budget by the US, Russia and China saying that its “limited” defence spending is to protect its sovereignty, security and development interests. China’s “limited defence spending is completely out of the need of safeguarding…
CLN KraneShares Week in Review Asian equities were mixed but mostly higher this week as Mainland China, especially the technology-focused STAR Board, outperformed, and Hong Kong underperformed. Hong Kong’s downdraft this week exposed the fragility of China’s recent bull market, as investors await more stimulus and consumer support confirmations from the National People’s Congress (NPC),…