Tag Archives: China

China appoints Li Qiang, a trusted ally of Xi Jinping, as premier | CNN

China appoints Li Qiang, a trusted ally of Xi Jinping, as premier | CNN

Hong Kong CNN  —  China’s rubber-stamp legislature has appointed Li Qiang, a long-time aide of leader Xi Jinping, as premier, the man tasked with reviving the world’s second-largest economy after three years of zero-Covid restrictions. The National People’s Congress endorsed Li in a largely ceremonial vote at the Great Hall …

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China sets lowest GDP growth target in decades as Beijing tightens its belt | CNN Business

China sets lowest GDP growth target in decades as Beijing tightens its belt | CNN Business

Hong Kong CNN  —  China’s outgoing Premier Li Keqiang has announced the country’s lowest GDP growth target in decades, highlighting the domestic and global challenges the world’s second largest economy still faces despite its decision late last year to ditch draconian anti-Covid measures. Li set a target of about 5% …

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