China Vows to Rein In Intense Competition, Build Unified Market

China Vows to Rein In Intense Competition, Build Unified Market

China’s top leadership has pledged to curb aggressive price competition among businesses, aiming to accelerate efforts toward a unified national market to help boost domestic demand. Officials at a high-level economic meeting chaired by President Xi Jinping said they would crack down on “disorderly” low-price competition and phase out outdated industrial capacity, Xinhua News Agency…

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China plans to show off new equipment at parade marking 80th anniversary of Japan’s WWII surrender

BEIJING (AP) — China plans to hold a military parade Sept. 3 marking the 80th anniversary of Japan’s World War II surrender and featuring the People’s Liberation Army’s newest weaponry. President and head of the military Xi Jinping will deliver a speech on the occasion, which will feature “new-type combat capabilities,” including hypersonic weapons and…

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Opinion | Facing multiple crises, China is stressing resilient governance over ideology

Opinion | Facing multiple crises, China is stressing resilient governance over ideology

Chinese President Xi Jinping recently commemorated the 120th birth anniversary of Chen Yun, one of the foundational economic planners of the Communist Party of China. Amid the commemoration’s celebratory tone, Xi’s speech signals a rhetorical shift. The references to communist conviction so prominent in the 2015 address delivered for Chen’s 110th birthday were relatively sparse…

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'Market has spoken' after tariffs spur selloff

‘Market has spoken’ after tariffs spur selloff

By Antoni Slodkowski BEIJING (Reuters) -China said on Saturday “the market has spoken” in rejecting U.S. President Donald Trump’s tariffs, and called on Washington for “equal-footed consultation” after global markets plunged in reaction to the trade levies that drew Chinese retaliation. State-run Xinhua news agency also published the Chinese government’s stance, saying the U.S. should…

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