China-Policies & politics

The latest news on China politics, including domestic and foreign policy.
  1. A prominent adviser to China’s central bank has suggested the government drop a specific growth target for 2020 as the coronavirus outbreak has caused unprecedented damage to the economy, shedding light on the deep divide over policy in Beijing.“China can hardly achieve the 6 per cent target because of the coronavirus pandemic,” Ma Jun, an academic member of the People’s Bank of China’s monetary policy committee, told the state-owned Economic Daily.“It is also hard to maintain 4-5 per cent…
  2. Hau Pei-tsun, a former Taiwanese premier who fought against the Japanese in World War II, has died in Taipei of multiple organ failure. He was 100.A staunch supporter of cross-strait unification, Hau was an opponent of Taiwanese independence.He had been treated at Taipei’s Tri-Service General Hospital and had had a minor stroke in April last year.Hau Lung-bin, the eldest of Hau’s five children and himself a former Taipei mayor and Kuomintang (KMT) vice-chairman, paid tribute to his father…
  3. Chinese President Xi Jinping visited the industrial powerhouse of Zhejiang province on Sunday in a move state media described as a clear message the country was ready to get the economy back on track amid the “new normal” of dealing with the coronavirus.The trip, to Ningbo – one of the world’s busiest ports and a trade hub for eastern China – was Xi’s first outside Beijing since he visited Wuhan, the initial epicentre of the Covid-19 outbreak, earlier in the month.As well as a visiting the port…
  4. China’s comprehensive ban on foreign travellers comes into force on Saturday as the country wraps up its two-month battle to contain Covid-19.But two months ago Beijing attacked other countries’ travel bans for “creating panic” and its latest move has been described as understandable but inconsistent.“China’s decision is understandable given the dangers of a second wave of infections but next time, when other countries take action to protect themselves, Beijing might be more restrained in its…
  5. Chinese President Xi Jinping has called for “stronger international cooperation on all fronts” to fight the Covid-19 pandemic as well as urgent action to stop a global economic recession, in his first major speech to an international audience since the start of the public health crisis.Speaking in a videoconference with other Group of 20 leaders on Thursday, Xi urged unity and solidarity and delivered three main messages: strengthen international efforts to stop the virus; shore up the economy…
  6. World leaders from the Group of 20 major economies, including Chinese President Xi Jinping, will convene an emergency virtual summit on Thursday to discuss the global response to the coronavirus pandemic and the economic damage it is causing.The summit will take place against a backdrop of an oil price war between two members, Saudi Arabia and Russia, and rising tensions between two others, the United States and China, over the origin of the virus, which has infected nearly 400,000 people…
  7. As the world struggles to contain a pandemic that has killed thousands and disrupted economies globally, the US and China have played a blame game over responsibility for the coronavirus crisis, engaging in a war of words. Things didn’t start that way. Initially, US President Donald Trump took to Twitter, his favourite platform, to praise China for its robust fight against Covid-19 – the disease caused by the virus – after a multitude of infections broke out in the central Chinese city of…
  8. The coronavirus crisis has sparked fears that China's long-term environmental goals, including its ambitious carbon trading system, could be shelved as the government scrambles to get the economy back on track.China’s growth had already slowed to record lows before the coronavirus sent the economy into a tailspin, with industrial production, retail sales and investment all then plunging at double digit rates in the first two months of the year.Analysts have downgraded China’s growth forecasts…
  9. G20 finance leaders will not issue a statement after Monday’s teleconference, a source told Reuters, underscoring the challenge they face in garnering a consensus on how to deal with the rising economic risk from the coronavirus outbreak.The talks come as the Group of 20 (G20) faces pressure to take coordinated action against a pandemic that has jolted markets and stoked fears of a global recession.At the teleconference, the G20 finance leaders are expected to prepare for a summit complicated…
  10. OF all the harm the coronavirus has inflicted, it is the effect on human health that is the most tragic and the most visible. But it is the unfolding economic catastrophe that truly marks this out as different from any natural disaster or pandemic in living memory.Even now, the final toll can barely be guessed at. Yet some things seem certain already. One of them is that the economy in China, where the novel coronavirus was first identified and which for weeks had been the epicentre of the…