Latest Xi Jinping News

Energy companies lead modest gains for US stock indexes

Mar. 18, 2019 5:04 PM EDT

U.S. stock indexes finished modestly higher Monday, extending the market's solid gains from a rally last week. Energy companies notched the biggest gains after the price of U.S. crude oil closed above $59 a barrel for the first time since November. Smaller company stocks fared better than the rest of the market....

China's Xi to make 3-nation Europe visit starting Thursday

Mar. 18, 2019 11:18 AM EDT

BEIJING (AP) — Chinese President Xi Jinping will visit Italy, France and Monaco from Thursday to March 26, the foreign ministry said Monday. Italy's coalition government has sent mixed signals over whether it will sign a proposed agreement to join China's trillion-dollar Belt and Road infrastructure...

Global shares rise as investors watch US-China trade talks

Mar. 18, 2019 8:21 AM EDT

TOKYO (AP) — European shares were mixed by midday while Asian markets closed higher on Monday as investors awaited signs the U.S. and China could be making progress in negotiations on resolving the trade war between the two biggest economies. France's CAC 40 was unchanged at 5,405. Germany's DAX slid 0.2...

Head of Chinese energy agency expelled from Communist Party

Mar. 16, 2019 8:26 AM EDT

BEIJING (AP) — The head of China's energy planning agency has been expelled from the country's ruling Communist Party and dismissed from his post. Nur Bekri used his authority to aid others in job placement, business operations and mineral resource development in exchange for huge amounts of money and...

China's moves on foreign investment help shore up markets

Mar. 15, 2019 8:55 AM EDT

LONDON (AP) — Hopes that the U.S. and China will resolve their trade dispute as Beijing tweaked rules on foreign investment has helped shore up global stock markets on Friday. Following a week dominated by Brexit uncertainty, traders focused on the annual session of China's ceremonial congress, which ended...

China's premier denies Beijing tells companies to spy

Mar. 15, 2019 8:37 AM EDT

BEIJING (AP) — China's No. 2 leader denied that Beijing tells its tech companies to spy abroad and promised Friday to treat foreign and domestic competitors equally in an effort to defuse tensions with Washington and Europe. Premier Li Keqiang's rejection of spying accusations at a news conference was the...

Premier: China will offer Taiwan 'preferential policies'

Mar. 15, 2019 4:23 AM EDT

BEIJING (AP) — China will introduce more "preferential policies" for Taiwan so the self-governed island's residents can enjoy the same treatment as mainland Chinese citizens, Premier Li Keqiang said Friday. Li said new initiatives will be implemented to invite people from Taiwan to "work hand-in-hand to...

Asian shares shrug off Wall St losses as China ends congress

Mar. 15, 2019 12:53 AM EDT

Shares were higher Friday in Asia after a day of lackluster trading on Wall Street. Japan's Nikkei 225 index jumped 1 percent to 21,501.48 as the Bank of Japan ended a policy meeting by keeping its key interest rate at minus 0.1 percent, maintaining its stance of extreme monetary easing and lavish stimulus....

Chinese lawmakers endorse technology law amid US pressure

Mar. 14, 2019 9:54 PM EDT

BEIJING (AP) — Chinese legislators on Friday endorsed a law meant to help end a costly tariff war with Washington by discouraging officials from pressuring foreign companies to hand over technology. The measure is part of an investment law that aims to address complaints by the United States, Europe and...

Trump aide: Xi 'afraid' Trump may walk away from trade deal

Mar. 14, 2019 8:11 PM EDT

WASHINGTON (AP) — President Donald Trump's chief economic adviser says China's president is "afraid" to sit down with Trump until their countries finalize a trade deal. Larry Kudlow, director of the White House's National Economic Council, says Xi Jinping (shee jihn-peeng) wants everything agreed to before...