Chinese President Xi Jinping will set out plans for mining and infrastructure development on a trip to Africa this week, as China seeks to reassure leaders on the continent who have voiced unease about its trade relations.
Baidu Inc. Chairman Robin Li, China’s third-richest man, and Yu Zhengsheng, No. 4 in the Communist Party hierarchy, were named to the country’s top political advisory body as a new generation of leaders prepares for power.
China’s new Communist Party leaders have a duty to seek peaceful reunification with Taiwan and promote better ties, General Secretary Xi Jinping said in a meeting with the honorary chairman of the island’s ruling party.
Chinese and Malaysian companies agreed to invest 10.5 billion ringgit ($3.4 billion) on an industrial park in the Southeast Asian nation which will include steel and aluminum plants as well as a palm oil refinery.
Jia Qinglin, China’s top policial adviser, called on overseas-educated Chinese to return home and start businesses, Xinhua News Agency said, citing remarks in a letter to an award ceremony for people who studied abroad.
Prime Minister Yoshihiko Noda sought to revive support for Japan’s ruling party with a Cabinet reshuffle as he trails the opposition ahead of a national election that could come by the end of the year.