Li Keqiang

China Panics over Tanking Economy

China’s state-run Global Times on Thursday strove to portray an “unprecedented national video teleconference on stabilizing the economy” with over 100,000 participants held by the State Council as the Communist government putting a firm hand on the economic tiller, but it looked more like a sign of growing panic in the regime.

A workers on a construction site for a city park which will be completed before National D

Chinese Premier Sounds Alarm on Tanking Economy

Chinese Premier Li Keqiang on Wednesday told regional governors to take faster, stronger measures to stabilize the economy – a significant deviation from Beijing’s previous assurances that coronavirus lockdowns were not interfering with economic growth.

Li Keqiang

China to Crack Down on ‘Unregulated Expansion of Capital’

The Chinese Communist Party’s (CCP) annual legislative meeting this weekend will take action against the “unregulated expansion of capital,” according to Premier Li Kequiang, signaling another regulatory beating to teach outspoken tech billionaires who is truly in charge of the Chinese economy.

BEIJING, CHINA - MARCH 05: Chinese Premier Li Keqiang speaks at the opening session of the

China Adds $175 Billion to Military Budget to ‘Advance War Preparedness’

China revealed on Monday that it will raise its military budget by $175 billion for the 2018 fiscal year, an 8.1 increase that is the largest military spending hike in three years. According to Premier Li Keqiang, the additional funding will “advance all aspects of military training and war preparedness, and firmly and resolvedly safeguard national sovereignty, security, and development interests.”

China to raise defence budget by 8.1% in 2018

China ‘Willing to Play a Constructive Role’ in Keeping Greece in the Euro

As talks between Greek officials and members of the IMF and European Union approach their conclusion before a potential exit of the Hellenic nation from the eurozone, Chinese officials are suggesting they could play a role in helping Greece pay back its debts. The Greek crisis has negatively affected the Chinese economy, which has invested millions in Greece.

AP Photo/Virginia Mayo