Xi Jinping

Ray Dalio, the billionaire founder of Bridgewater Associates, has cautioned that China could face a “lost decade” if it doesn’t address its debt issues. What Happened: Dalio echoed Chinese President Xi Jinping‘s prediction of a “100-year period of unprecedented change...

In a recent meeting with U.S. business leaders, Chinese President Xi Jinping expressed optimism about the future of Sino-American relations. What Happened: In a meeting with U.S. business leaders on Wednesday, Xi Jinping conveyed his belief that the relationship between China and the United States...

China’s President Xi Jinping met with American business leaders in Beijing to rekindle foreign investment interests. What Happened: Reuters reported that President Xi Jinping met with American business leaders at the Great Hall of the People in Beijing on Wednesday. Around 20 firms attended...

Amid fluctuating U.S-China. relations, China’s President Xi Jinping is preparing to convene with top U.S. business executives in the Chinese capital. What Happened: Xi is set to meet with top U.S. business executives next week, coinciding with an annual forum in Beijing, Bloomberg reported on...

The Chinese authorities are intensifying their scrutiny of PricewaterhouseCoopers LLP (PwC) in connection with the accounting practices of China Evergrande Group, which has been accused of a $78 billion fraud. What Happened: The Chinese securities regulator has accused Evergrande’s subsidiary...

Recent testimony from a top U.S. military official has shed light on China’s significant military buildup, which could have serious implications for Taiwan and regional stability. What Happened: During a session with the U.S. Armed Services House Committee, U.S. Navy Adm. John Aquilino, the...

China’s Evergrande Group (OTC:EGRNQ) has been accused of massive fraud, with its founder Hui Ka Yan at the center of the controversy. The company’s onshore unit, Hengda, is alleged to have inflated its revenue by $78 billion, leading up to its default in 2020. What Happened: The China...

Elon Musk has weighed in on the recent nuclear war threat made by Russian President Vladimir Putin against the U.S. What Happened: Musk, the CEO of Tesla and SpaceX, responded to the news of Putin’s threat with a simple “Of course” on his social media platform X formerly known as...

In a recent report, U.S. intelligence agencies have highlighted the growing fragility of the global order, citing the challenges posed by China, Russia, and other regional powers. What Happened: The 2024 Annual Threat Assessment, released by U.S. intelligence agencies, warns of a “fragile...

China’s housing minister, Ni Hong, has made it clear that the country’s struggling real estate developers will not receive a significant bailout. The warning comes amid a backdrop of increasing defaults and a declining property market. What Happened: Ni, the Minister of Housing and...

Chinese President Xi Jinping has called for the mobilization of “patriots” in Taiwan and overseas to counteract the island’s pro-independence movements. What Happened: Xi Jinping, during a meeting with the Revolutionary Committee of the Chinese Kuomintang, a political group based...

In 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...

China has announced a significant increase in its military spending for 2024. This decision comes amid an ongoing anti-corruption probe within the People’s Liberation Army (PLA) and escalating tensions with Taiwan. What Happened: China’s Ministry of Finance revealed a 7.2% rise in the...

Sharmin Mossavar-Rahmani, the Chief Investment Officer (CIO) of Goldman Sachs Group wealth management, has cautioned against investing in China, citing unclear policy and economic data. What Happened: Mossavar-Rahmani, in an interview with Bloomberg Television, advised clients against investing in...

China has expanded its state secrets law to encompass a broader category of “work secrets,” a development that could have far-reaching implications for businesses operating in the country. What Happened: On Tuesday, Chinese President Xi Jinping signed off on the revisions to the “...