Xi Jinping News
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North Korean leader Kim Jong Un sent a “special envoy” to China as ties with his biggest benefactor showed signs of strain over the North’s nuclear ambitions and the seizure of a Chinese fishing boat.
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President Barack Obama, turning the U.S. strategic focus to Asia, will meet Chinese President Xi Jinping next month in their first face-to-face talks since China’s power transition ended in March.
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North Korea freed a Chinese fishing vessel and its crew after the boat’s owner posted updates on his microblog account saying that he’d been told to pay a 600,000- yuan ($97,800) ransom to win their release.
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Bank of Communications Co., China’s fifth-largest lender, promoted Niu Ximing to chairman in the latest executive change at the nation’s state-controlled banks.
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Chen Li, the UBS AG strategist who predicted the tumble in China’s smallest shares two years ago, says the companies are poised to retreat again after valuations rose to the biggest premium over larger stocks since 2010.
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Prices of imported cars in China fell the most in five months, adding to signs that demand for luxury products is slowing because of a government campaign to rein in lavish spending by public servants.
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Modern history is the story of how liberal democracy, originating in the U.K. and America, spread around the world. This may sound like an absurd fantasy. In actuality, this Whiggish narrative of progress underpins most newspaper editorials, political commentary and speeches in the West, and frames larger views of political developments in the non-West.
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Chinese stocks rallied, capping the longest streak of weekly gains in four months, on speculation the government will accelerate economic reforms.
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Greek Prime Minister Antonis Samaras promised to give the “red-carpet treatment” to foreign investors as he visited China to help revive an economy that contracted for the 19th straight quarter.
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Investors are more confident in a Japanese leader than any time since at least September 2010, with optimism about Prime Minister Shinzo Abe’s policies exceeding that for counterparts in the U.S., Europe and China.
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