China’s Communist leader Xi Jinping, already emerging more powerful than his predecessor, has fresh impetus to tighten his hold on domestic security after an outcry over a knife attack on civilians three days ago.
Chinese carmaker BYD Co. may be getting some bad news as it prepares to start selling in the U.S. next year. A planned reduction in government subsidies and a phase-out of interest-rate controls threaten to raise costs for it and thousands of companies across China.
The grandson of late Chinese leader Deng Xiaoping, a Duke University law school graduate who later worked for U.S. law firm White & Case LLP, was named deputy head of a county in southern China, the People’s Daily website said.
Xi Jinping today completes his first year as China’s leader with the greatest individual sway over his nation since Deng Xiaoping, a feat that raises the stakes on delivering on pledges for economic and social change.