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China's Market Rebound: Is The NPC Meeting A Turning Point For Investors?
Friday, March 7, 2025 - 9:49am | 784China's annual National People's Congress (NPC) kicked off on March 5 and is set to run until March 11. According to Adam Turnquist, chief technical strategist at LPL Financial, while the NPC may be a rubber stamp for party policies, investors are closely monitoring its developments. The market...
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China Escalates Trade Dispute, Lodges Complaint With WTO Over European EV Tariffs
Tuesday, November 5, 2024 - 2:35pm | 440China escalated its trade dispute with the European Union (EU) on Monday by lodging a formal complaint with the World Trade Organization (WTO) regarding the EU’s recently imposed tariffs on Chinese-made electric vehicles. The Details: China’s diplomatic mission to the WTO said it "...
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China Premier Li Qiang Defends EV, Battery Exports Amid Western Criticism: 'The Real Source Of The Strong Competitiveness'
Tuesday, June 25, 2024 - 2:36am | 616In a recent address at the World Economic Forum in Dalian, China, Premier Li Qiang defended his country’s electric vehicle and lithium-ion battery industries against allegations of overcapacity and unfair subsidies from the West. What Happened: Li’s comments come amid escalating trade...
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Chinese Premier Li Qiang Holds First Trilateral Summit With Japan And South Korea In Four Years To Discuss Renewed Relations
Monday, May 27, 2024 - 2:08am | 617Chinese Premier Li Qiang praised the renewal of relations with Japan and South Korea during their first trilateral talks in four years on Monday. What Happened: The summit, held in Seoul, aimed to revive trade and security dialogues that have been stalled by global tensions, Reuters reported. Li...
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Tesla Skyrockets About 10% In Premarket: What's Fueling The Dramatic Rally?
Monday, April 29, 2024 - 7:14am | 398Tesla, Inc. (NASDAQ:TSLA) shares were on a tear in premarket trading on Monday – the catalyst being CEO Elon Musk’s surprise visit to China. Following his meeting with the country’s second-in-command, Premier Li Qiang, and other key officials, Musk has reportedly succeeded in...
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Xi Jinping's China Sets Ambitious 2024 Growth Target Of 5%, Vows To 'Transform' Economy
Tuesday, March 5, 2024 - 4:54am | 701In a bid to revamp its economic model, China has announced an ambitious growth target for 2024. This announcement was made by Chinese Premier Li Qiang during the annual meeting of the National People’s Congress, the country’s parliament. What Happened: Li’s target for 2024 is a...
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Xi Jinping Leads Push For Communist Principles In China's Financial Sector Amid Economic Challenges
Tuesday, February 20, 2024 - 5:13am | 704China’s top financial regulators have vowed to enforce Communist Party principles in the finance sector, emphasizing the importance of serving the economy while avoiding excessive risks. What Happened: The regulators have pledged to maintain strict supervision to ensure the financial sector...
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China's Premier Li Qiang Calls For 'Pragmatic And Forceful' Measures To Boost Economy
Monday, February 19, 2024 - 3:49am | 696China’s Premier Li Qiang has called for “pragmatic and forceful” measures to restore confidence in the country’s economy. What Happened: Li addressed the State Council, China’s cabinet, on Sunday, urging officials to "do more things that are conducive to boosting...
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China's Securities Regulators Urge Hedge Funds To Curb Short Selling Amid Market Turmoil: Report
Wednesday, January 24, 2024 - 3:14am | 601In an attempt to stabilize the plunging stock market, China’s securities regulators have reportedly reached out to hedge fund managers, advising them to limit short selling in the stock index futures market. What Happened: The China Securities Regulatory Commission (CSRC) has contacted...
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Chinese Premier Li Qiang Meets Jamie Dimon And Other Business Leaders At Davos: 'Investing In China Will Bring Huge Returns And A Better Future' (CORRECTED)
Wednesday, January 17, 2024 - 12:58pm | 622Editor’s note: the photo on this story was of the incorrect subject and has been replaced.In a bid to draw foreign investors, Chinese Premier Li Qiang interacted with top global business leaders at the World Economic Forum in Davos, Switzerland. What Happened: On Tuesday, Li met with the...
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From Emmanuel Macron To Sam Altman, Here Are The Global Elite Heading To Davos 2024
Thursday, January 11, 2024 - 10:32am | 587The global elite are set to gather in Davos, Switzerland, for the World Economic Forum (WEF) 2024. The event, titled “Rebuilding Trust,” is expected to see a diverse range of speakers and pressing global issues on the agenda, from geopolitical tensions to technological change. What...
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Xi Jinping Names China's New Premier, Who Faces Daunting Task Of Restoring Economy Battered By COVID-19
Saturday, March 11, 2023 - 2:26pm | 480Chinese President Xi Jinping has named one of his close confidants, Li Qiang, as the country’s new premier. What Happened: On Saturday, Li, the former Communist Party chief of Shanghai, assumed the Chinese government's highest administrative position. He has the challenging task...