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The Latest Breaking News from Communist Party

China Launches Five-Year Plan for Anti-Graft Campaign

Authorities will deepen their crackdown on state-owned enterprises and sectors such as finance, health care, sports and higher education

Caixin Global

Chinese officials voice faith in economy and keep interest rates steady as forecasts darken

Leading Chinese planners have voiced confidence in the outlook for the world's second-largest economy, holding key interest rates steady amid signs of improvement in some areas such as services

The Independent UK

China's foreign minister Wang Yi heads to Moscow after meeting US national security adviser

China’s top foreign policy official is heading to Russia for security talks after two days of meetings with U.S. President Joe Biden’s national security adviser over the weekend in Malta

The Independent UK

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Mystery over China defense minister raises more questions for Xi Jinping

BEJING: A mystery surrounding the status of China’s defense minister is raising questions about turbulence within President Xi Jinping’s new line-up of loyalist leaders less than a year into his third term.

The Times of India

China's 'full-time children' move back in with parents, take on chores as good jobs grow scarce

A record of more than one in five young Chinese are out of work, their career ambitions derailed by a depressed job market as the economy struggles to regain momentum after its long bout with COVID-19

The Independent UK

US President Biden visits Vietnam: Wartime foes to highest-level partners?

US President Biden and Vietnam’s Communist Party General Secretary Nguyen Phu Trong expected to agree new partnership.

Al Jazeera

Top Chinese official tells the US commerce secretary he's ready to improve cooperation

The top Chinese official in charge of economic relations with Washington has told Commerce Secretary Gina Raimondo he's ready to “make new positive efforts” to improve cooperation following an agreement to reduce trade tension

The Independent UK

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ED freezes Moideen’s bank accounts

The Enforcement Directorate (ED) that raided the residence and office of former Minister and Communist Party of India (Marxist) MLA A.C. Moideen in connection with the multi-crore loan scam at Karuvannur Service Cooperative Bank took steps to freeze his two bank accounts on Wednesday. It is reported that these accounts have…

The Hindu

Chinese military launches drills around Taiwan as 'warning' after top island official stopped in US

China’s defense ministry says its military has launched drills around Taiwan as a “stern warning” over what it calls collusion between “separatists and foreign forces,” days after the island’s vice president stopped over in the United States

The Independent UK

China's Xi calls for patience as Communist Party tries to reverse economic slump

Chinese leader Xi Jinping has called for patience in a speech released as the ruling Communist Party tries to reverse a deepening economic slump and said the West’s pursuit of material wealth led to “spiritual poverty.”

The Independent UK

China's July exports tumble by double digits, adding to pressure to shore up flagging economy

China's exports tumbled by double digits in July, adding to pressure on the ruling Communist Party to reverse an economic slump

The Independent UK

Shanghai Composite Index Fell 0.2% on Thursday

Shenzhen Component Index closed down 0.41%

Caixin Global

Essop Pahad: a diligent communist driven by an optimistic vision of a non-racial South Africa

The death of South African freedom struggle stalwart Essop Pahad (84) on 6 July 2023 prompted tributes from his former comrades. There were also less respectful obituaries referring to him as Thabo Mbeki’s “consiglieri”, because of his role as the former president’s “right-hand man”.

The Conversation

China's sharp-tongued foreign minister is ousted, but his combative style is expected to continue

China’s sharp-tongued foreign minister, Qin Gang, was something of an avatar for nationalist Communist Party leader and President Xi Jinping, warning of “conflict and confrontation” with the U_S_, the stakes of which could be the “future of humanity.”

The Independent UK

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Al Jazeera

Wang Yi replaces Qin Gang as Chinese FM: What to know

Removal of Xi’s trusted adviser seen as ‘huge embarrassment’ as predecessor Wang Yi is reappointed to post he once held.

France 24

China replaces foreign minister with predecessor amid speculation over weeks-long absence

China on Tuesday removed outspoken Foreign Minister Qin Gang from office and replaced him with his predecessor, Wang Yi, in a move that has already fueled rumors over the personal lives and political rivalries of China's Communist Party elite.

The Independent UK

China removes outspoken foreign minister Qin Gang and replaces him with his predecessor, Wang Yi

China has removed outspoken foreign minister Qin Gang from office and replaced him with his predecessor, Wang Yi

The Independent UK

China names Pan Gongsheng to lead central bank, succeeding Yi Gang

China's ceremonial legislation has endorsed the promotion of Pan Gongsheng to serve as central bank governor

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The Independent UK

Stock market today: Asian markets follow Wall St up after Chinese promise to support economy

Asian stock markets have followed Wall Street higher after China’s ruling Communist Party promised to shore up its sagging economy ahead of a Federal Reserve meeting that traders hope will announce this interest rate cycle’s final increase

The Guardian - UK

David Cameron’s appointment to investment fund ‘part engineered by China’

The hiring of former PM and Treasury chief was to lend credibility to broader Beijing brand, intelligence watchdog told

Evening Standard

Milan Kundera, author of The Unbearable Lightness of Being, dies aged 94

The literary giant tackled the big questions in his celebrated novels

Caixin Global

Ex-Chinese Central Banker Probed for Suspected Graft

Zhang Jianjun, who served as president of the PBOC’s Shenzhen branch, is under investigation for suspected severe violations of law and Communist Party discipline

Daily Mirror

Chinese diplomat slammed after telling Asian people 'they'll never be a Westerner'

The head of China's Communist Party's foreign affairs commission made racially tinged comments as he urged Japan and South Korea to 'join hands and cooperate' with the East Asian superpower

Fortune

'The corpse of Bitcoin': Crypto skeptic's appointment to central bank casts doubt on China warming to digital assets

The move is seen as a setback for those hoping that China could soon change its stance on crypto.

The Independent UK

China dismisses criticism of top diplomat's comments appearing to push for race-based alliance

China is dismissing criticism of racially tinged comments by its top diplomat

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