Xi Jinping

Chinese president Xi Jinping’s message to the world: ‘No force can stop China’s tech progress’

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Chinese president Xi Jinping’s message to the world: ‘No force can stop China’s tech progress’

In a recent meeting between Chinese President Xi Jinping and Dutch Prime Minister Mark Rutte, discussions centred on critical technological issues, notably the semiconductor industry. According to a report by CNBC, President Xi conveyed China’s unwavering commitment to technological advancement, emphasising that no external force could impede its progress. “The Chinese people also have legitimate … Read more

Don’t meddle with our tech access, China’s Xi warns Dutch PM Rutte – POLITICO

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Don’t meddle with our tech access, China’s Xi warns Dutch PM Rutte – POLITICO

Rutte is visiting China with the country’s Foreign Trade minister, Geoffrey van Leeuwen. The trip comes after a year in which the Netherlands decided, under pressure from the United States, to restrict some of the export of advanced chip printing machines by Dutch chips champion ASML to China. ASML estimates that the impact of the … Read more

China raises defense budget 7.2% as it pushes for global heft

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China raises defense budget 7.2% as it pushes for global heft

BEIJING (AP) — China on Tuesday announced a 7.2% increase in its defense budget, which is already the world’s second-highest behind the United States at 1.6 trillion yuan ($222 billion), roughly mirroring last year’s rise. Tensions with the U.S., Taiwan, Japan and neighbors with competing claims to the crucial South China Sea are seen as … Read more

China on India-Maldives Row: ‘New Delhi should stay more open-minded’ | International

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China on India-Maldives Row: ‘New Delhi should stay more open-minded’ | International

In a recent editorial, the Global Times refuted claims of China pressuring the Maldives against India and instead proposed trilateral cooperation between China, India, and the Maldives. The editorial urged India to adopt an open-minded approach, emphasising that China’s cooperation with South Asian countries is not a zero-sum game. Addressing the ongoing dispute between India … Read more

In Vietnam, a ‘shared destiny’ and the US are likely to be high on Xi Jinping’s agenda

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In Vietnam, a ‘shared destiny’ and the US are likely to be high on Xi Jinping’s agenda

“China and Vietnam have mixed attitudes towards each other,” said a researcher from the government-linked Chinese Academy of Social Sciences (CASS), who spoke on condition of anonymity. “While they need each other politically [to maintain stability at home], their widening differences on security-related issues, especially over the South China Sea disputes, remain the key obstacle.” … Read more

China to allow visa-free entry to citizens from 5 EU countries – POLITICO

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China to allow visa-free entry to citizens from 5 EU countries – POLITICO

The Chinese government on Friday announced that French, German, Italian, Dutch, Spanish and Malaysian citizens will be able to travel visa-free to China for a year starting December 1. “China has decided to apply unilateral visa-free policy to more countries on a trial basis, which involves extending visa-free treatment to travelers holding ordinary passports from … Read more

Investors got the note they were too optimistic

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Investors got the note they were too optimistic

Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., November 16, 2023.  Brendan Mcdermid | Reuters This report is from today’s CNBC Daily Open, our new, international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they … Read more

Rate cuts might not be in the cards

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Rate cuts might not be in the cards

The Marriner S. Eccles Federal Reserve building during a renovation in Washington, DC, US, on Tuesday, Oct. 24, 2023. Valerie Plesch | Bloomberg | Getty Images This report is from today’s CNBC Daily Open, our new, international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter … Read more

Takeaways from U.S.-China summit—Taiwan, military talks, fentanyl

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Takeaways from U.S.-China summit—Taiwan, military talks, fentanyl

U.S. President Joe Biden and Chinese President Xi Jinping have agreed to resume high-level military communication, according to both countries. U.S. Secretary of Defense Lloyd Austin will meet with his Chinese counterpart when that person is selected, a senior Biden administration official told reporters after the Biden-Xi summit. China has yet to name a defense … Read more

Despite cool inflation, don’t expect rate cuts

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Despite cool inflation, don’t expect rate cuts

The Marriner S. Eccles Federal Reserve building during a renovation in Washington, DC, US, on Tuesday, Oct. 24, 2023. Valerie Plesch| Bloomberg | Getty Images This report is from today’s CNBC Daily Open, our new, international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where … Read more