Chinese Vice President Li Yuanchao said African nations may be expecting too much from the world’s second-largest economy as an investment boom cools.
Xi Jinping was named China’s president by the national legislature, replacing Hu Jintao in the country’s most rapid formal transfer of power in more than a generation.
Li Yuanchao serves the Chinese Communist Party as head of its organization department. For a few months in 2002 he had a different overseer: Larry Summers.
Monarchs, world leaders and pop royalty are so eager to attend Nelson Mandela’s memorial service today that South Africa is holding it in a 95,000-seat stadium. A few weren't as intent on attending.
Thousands of South Africans braved driving rain at the nation’s biggest stadium to mark the life of Nelson Mandela in the first of three major public events this week that may rival the funeral of U.S. President John F. Kennedy.
President Barack Obama delivered a eulogy for Nelson Mandela that mixed an ode to a personal hero with a critique of national leaders who fall short of the example he set.
China is “looking into” yuan policy changes, Li Yuanchao, a senior Communist Party official, said in an interview in Singapore today.
Days after Xi Jinping became chief in 2002 of Zhejiang, China’s hotbed of private enterprise, he set out on a tour of the province. His message: more capitalism.
China’s yuan strengthened the most in nearly three weeks as the dollar slumped and a U.S. government adviser visited Beijing for talks, fanning speculation the central bank will allow more gains.