Sunday, December 22

Tag: Xi Jinping

China’s Xi Is Resurrecting Mao’s ‘Continuous Revolution’ With a Twist
1Jan By adminNo Comments
World

China’s Xi Is Resurrecting Mao’s ‘Continuous Revolution’ With a Twist

Updated Jan. 1, 2024 12:08 am ETListen to article(2 minutes)Chinese rulers have long used campaigns against corruption to sideline rivals and consolidate power. Xi Jinping is increasingly tying his authority to a new variation: a purge that never ends.With echoes of Mao Zedong’s “continuous revolution,” Xi has sent fear rippling through the ranks of the Communist Party for more than a decade with the largest campaign against corruption in modern Chinese history. It is now threatening to petrify the party as it tries to steer the world’s second-largest economy through its greatest period of uncertainty in a generation.Copyright ©2024 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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Some Good News, for Once, From 2023
21Dec By adminNo Comments
Business

Some Good News, for Once, From 2023

Writing a newspaper column necessarily is a dour exercise most of the time. The point is to highlight things going wrong that ought to be fixed. Occasionally, however, it’s worth noting some things that are going right that one hopes can continue. Here, in the midst of a season that calls for reflection and gratitude, is my list:• The world’s population keeps getting larger. We’re on track to welcome our 8,100,000,000th global neighbor in 2024, after population growth of around 70 million this year.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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The Cost of Doing Business With China? A $40,000 Dinner With Xi Jinping Might Be Just the Start
28Nov By adminNo Comments
World

The Cost of Doing Business With China? A $40,000 Dinner With Xi Jinping Might Be Just the Start

Updated Nov. 28, 2023 12:17 am ETBroadcom Chief Executive Hock Tan shelled out $40,000 to sit at Xi Jinping’s table for the Chinese leader’s recent dinner in San Francisco with the heads of American businesses. Tan had a lot more at stake—a $69 billion deal he was waiting on China to approve.For months, Chinese regulators wouldn’t clear the U.S. chipmaker’s bid to buy enterprise software developer VMware, leading Broadcom to put off its date for completion of the deal—first announced in May 2022—three times. Beijing had held up previous mergers involving U.S. companies. Intel’s planned acquisition of Israeli firm Tower Semiconductor, for more than $5 billion, was scuttled in August after Chinese regulators failed to approve it.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reser...
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China Isn’t Backing Off Taiwan
25Nov By adminNo Comments
Health

China Isn’t Backing Off Taiwan

President Biden’s recent meeting with Chinese President Xi Jinping in San Francisco has been portrayed by both sides as a step forward in relations. But for all the good vibrations, Mr. Xi isn’t giving up his ambition to retake Taiwan, not least by meddling in the island’s January presidential election. Mr. Xi warned Mr. Biden in California to stop arming Taiwan and not to interfere in the election in favor of the ruling Democratic Progressive Party (DPP) that China dislikes. Mr. Biden said he told Mr. Xi that he “didn’t expect any interference, any at all,” in Taiwan’s campaign. Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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U.S. CEOs on the Chinese Menu
17Nov By adminNo Comments
Business

U.S. CEOs on the Chinese Menu

Whatever the merits of this week’s summit between President Biden and Chinese President Xi Jinping, there was no reason for U.S. business leaders to trip over themselves to get in on the action. Yet there they were Wednesday evening, kowtowing to Mr. Xi at a dinner that delivered China a propaganda coup and the CEOs an embarrassment.The dinner, for which ticket prices ranged up to $40,000, sounds like some affair. Mr. Xi received a standing ovation for taking the stage before he said a word. He garnered more applause—from an audience including Apple’s Tim Cook to executives from Qualcomm and Boeing—for delivering such memorable platitudes as “there is plenty of room for our cooperation” between the U.S. and China.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe8...
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The Left Comes for Biden on Israel
17Nov By adminNo Comments
Entertainment

The Left Comes for Biden on Israel

At a moment of almost unrelenting bad news—of war in the Middle East and Europe and violence-tinged political rancor at home—somehow, the first thing I managed to see on Thursday morning was an unexpected bit of geopolitical cheer: the Chinese leader Xi Jinping had signalled his willingness to have China send new giant pandas to the United States, to replace the beloved aging bears that were driven away from the National Zoo in a sad convoy of FedEx trucks last week and put on an airplane for a flight back to their ancestral home. Xi, who was in San Francisco for an Asia-Pacific Economic Cooperation summit and to meet with President Joe Biden for their first face-to-face session in a year, had announced at a dinner with business leaders on Wednesday that he was prepared to deploy a new se...
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The Biden-Xi Truce of the Moment
16Nov By adminNo Comments
Health

The Biden-Xi Truce of the Moment

President Biden met Chinese President Xi Jinping on Wednesday in California, and the atmospherics suggested a new era of bilateral good feelings. But no one should be fooled that this is anything other than an era of intense competition, or that Mr. Xi is giving up his ambition to upend the U.S.-led international order.Both sides have reasons at the moment to appear to be getting along better. Mr. Xi needs foreign investment and export markets to offset the real-estate crash and excessive debt that are slowing China’s economy. He wants a respite from further economic sanctions or U.S. limits on the sale of technology to Chinese firms. He’s put Beijing’s “wolf warrior” diplomats in the closet for now, though they could return at any time.Copyright ©2023 Dow Jones & Company, Inc. All Ri...
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