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The Latest Breaking News from Liu He

Analysis-China poised to shake up economic leadership as reformers bow out

China's ruling Communist Party sets the stage next month for the biggest overhaul of its economic leadership in a decade, with a generation of reform-minded policymakers expected to step down amid worsening growth prospects.

Reuters

China, EU to talk trade amid tensions over Ukraine, Xinjiang

Dialogue comes after tense EU-China summit in April ended without a joint statement.

Al Jazeera

EU, China to hold trade dialogue amid simmering tensions

The European Union and China will hold a high-level economic and trade dialogue on Tuesday amidst tensions over a number of issues including the war in Ukraine, Xinjiang and an as yet unratified investment agreement.

Reuters

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China, U.S. Senior Officials Discuss Economic Policy Coordination

In a video call with Treasury Secretary Janet Yellen, Vice Premier Liu He expressed concern about Washington’s tariffs and sanctions

Caixin Global

US, China discuss 'severe' economic challenges, supply chains

Beijing (AFP) - Top officials from the United States and China held a "candid" video call on Tuesday to discuss global economic challenges, especially regarding supply chains.

AFP

China calls for urgent boost to virus-hit economy

Beijing (AFP) - China's premier called for greater "urgency" in rolling out measures to support the virus-battered economy, state media reported Wednesday, days after data highlighted the stark impact of Covid-19 restrictions.

AFP

Alibaba, Other Chinese Stocks Pop As China's Top Economic Official Expresses Support For Digital Platform Ahead Of 2022 Election

China's top economic official offered an unusually public show of support for digital platform companies hinting toward possible ease in the ongoing crackdown, Bloomberg reports. The latest comments may inject much-needed confidence into the capital markets. Tencent Holding Ltd (OTC:TCEHY) and Alibaba Group Holding Limited (NYSE:BABA) combined lost over $1 trillion in market value post…

Benzinga

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Alibaba And Other Chinese Stock Investors Remain Cautious Over China's Political Body Forum With Leading Firms

China’s top political advisory body looks to host a forum next week with some of the nation’s largest private-sector firms, including Baidu, Inc (NASDAQ:BIDU), Bloomberg reports. While the conference focused on developing China’s digital economy, investors will likely watch for a possible wind-down of its year-long crackdown on the tech sector after a…

Benzinga

China’s $2.3 Trillion Infrastructure Plan Puts America’s to Shame

More than half the projects will directly support the manufacturing and service industries.

Businessweek

Evergrande delays publishing annual results over ‘drastic change’ in prospects

Chinese property giant will reveal how it will restructure its $300bn debt by July, amid confusion about how banks seized $2bn from one its divisions

The Guardian - AU

China finds first black box from crashed jet, U.S. discussing quarantine for investigators

Chinese emergency workers found on Wednesday one of two black boxes from a China Eastern Airlines plane that crashed with 132 people onboard, but U.S. efforts to join the investigation are on hold because of COVID-19 quarantine rules.

Reuters

China property shares soar on Beijing stimulus, despite continued debt crisis

Plans to shore up real estate and tech sectors welcomed by investors, but downgrade of third-biggest developer Sunac shows problems persist

The Guardian - AU

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