Page 10 - Antoni Slodkowski News Today : Breaking News, Live Updates & Top Stories | Vimarsana

China's State Council, which is headed by Premier Li Qiang, has instructed the local government of Guangdong province, where both companies are based, to help arrange a rescue of Country Garden by Ping An, said two of the sources who have direct knowledge of the matter. A spokesperson for Ping An said the company had not been approached by the government and denied the information reported by Reuters.

Chinese authorities have asked Ping An Insurance Group to take a controlling stake in embattled Country Garden, the nation's biggest private property developer, four people familiar with the plan...

BEIJING (Reuters) -Chinese President Xi Jinping warned against decoupling from China as he opened the Belt and Road Initiative (BRI) forum in Beijing on Wednesday, criticizing Western efforts to reduce dependence on the Chinese economy. Representatives of more than 130 countries, largely from the Global South, attended the forum including several heads of state, of whom the most prominent was Xi's "dear friend" Russian President Vladimir Putin.

When China launched its Belt and Road Initiative 10 years ago, it touted huge infrastructure spending linking it with Western Europe, which as recently as 2019, Britain's then-finance minister said...

China has said it would "look into" appointing a senior official responsible for the fentanyl issue that has become a major sticking point in U.S.-China relations, U.S. Senate Majority Leader Chuck Schumer said in Beijing on Tuesday. "I asked Xi to appoint a senior official on the China side and we would appoint a senior official" on fentanyl, Schumer told journalists at the Beijing residence of the U.S. Ambassador to China, Nicholas Burns.