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Former Premier Li Keqiang's Death Complicates Political Landscape For Xi Jinping: 'We Have A Lot Of Other Leaders Who Are Corrupt But He Wasn't'
Tuesday, October 31, 2023 - 5:49am | 487The passing of former premier Li Keqiang creates a delicate situation for China’s ruling Communist party, as it grapples with geopolitical tensions and a sluggish economic recovery, analysts noted. Li, fondly remembered as the “people’s premier,” was a trained economist who...
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Former Chinese Premier Li Keqiang Dies Of Heart Attack At 68
Friday, October 27, 2023 - 12:13am | 527The former Premier of China, Li Keqiang, has passed away, according to reports from state media. Li suffered a fatal heart attack in Shanghai just past midnight, CNBC reported. He was 68 years old. Li was renowned for his focus on economic reform and had a close relationship with former...
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Why Alibaba Shares Are Sliding Today
Monday, May 9, 2022 - 9:02am | 238Alibaba Group Holding Ltd (NYSE: BABA) shares are trading lower Monday after the Chinese government warned of a complicated job situation amid COVID-19 restrictions. Chinese Premier Li Keqiang referred to China's unemployment situation as "complex and grave" in a ...
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#PreMarket Primer: Thursday, April 10: Job Creation Will Be China's Main Focus
Thursday, April 10, 2014 - 7:02am | 1147China’s Premier Li Keqiang gave what investors have felt were the clearest indications about the government’s stimulus intentions at an investment forum on Thursday. Li said that job creation was the nation’s number one priority and that they were not interested in using short term stimulus...
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#PreMarket Primer: Thursday, March 13: Chinese Data Misses The Mark
Thursday, March 13, 2014 - 7:27am | 1153Asian markets pared gains after Chinese data came in below estimates on Thursday morning. The nation’s industrial output grew 8.6 percent in January and February, below analysts’ expectations of a 9.5 percent rise. Retail sales data also disappointed, with an 11.8 percent increase. The figure...
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Benzinga Market Primer: Friday, August 23: Central Banks Playing A Huge Role In Financial Markets
Friday, August 23, 2013 - 6:39am | 1181With the Fed taper heavy on investors’ minds, central banks in emerging economies are struggling to fund growth and pay off debts. As their currencies tumble central banks in Brazil, Turkey and Indonesia are working to stabilize their economies using fiscal policy. Top News In other...
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New Leadership in China Older, Conservative
Friday, November 16, 2012 - 7:47am | 616China has just selected its leadership for the next ten years and anyone looking for political reform is bound to be disappointed. President Xi JInping and Premier Li Keqiang as well as Vice Premier for Economic Affairs Wang Qishan are considered to be “cautious reformers,” according to Reuters,...
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China Changes Leaders
Wednesday, November 7, 2012 - 3:01pm | 389China's 18th Communist Party Congress opens tomorrow and will feature a once-in-a-decade change in the top leadership of the ruling Communist party. Vice President Xi Jinping will become Secretary-general of the Communist party and President of China, succeeding Hu Jintao. Vice-Premier Li Keqiang...
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Outbreaks in China Killed 40 Children in March
Saturday, April 10, 2010 - 10:54am | 121China is still fighting the hand-foot-mouth disease breakouts that have killed 40 children in March alone. There have been 77,756 cases reported within the month of March. Reports indicate a substantial increase from the 10 deaths in February, showing the outbreak is far from under control. The...