Today's Video Headlines: 10/26/23
Biden says US is willing to fight China on behalf of the Philippines following ship collision near disputed islandHillary Clinton confronted by heckler over Biden’s ‘warmongering’ speech: ‘Sit down!’
Li was dropped from the Standing Committee at a party congress in October 2022 despite being two years below the informal retirement age of 70.The same day, Xi awarded himself a third five-year term as party leader, discarding a tradition under which his predecessors stepped down after 10 years. Government advisers argued Beijing had to promote growth based on domestic consumption and service industries.Li’s predecessor, Wen Jiabao, apologized at a March 2012 news conference for not moving fast enough.
The Unirule Institute, an independent think tank in Beijing, said state industry was so inefficient that its return on equity — a broad measure of profitability — was negative 6%.In his first annual policy address, Li in 2014 was praised for promising to pursue market-oriented reform, cut government waste, clean up air pollution and root out pervasive corruption that was undermining public faith in the ruling party.
That triggered a collapse in economic growth, which fell to 3% in 2022, the second-lowest in three decades. Then-unprecedented controls were imposed, shutting down most international travel for three years and access to major cities for weeks at a time.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Former Premier Li Keqiang, China’s top economic official for a decade, has died at 68Former Premier Li Keqiang, China’s top economic official for a decade, has died. State media CCTV said he died Friday of a heart attack in Shanghai. He was 68. Li was China’s No.
Read more »
Former Premier Li Keqiang, China’s top economic official for a decade, has died at 68Former Premier Li Keqiang, China’s top economic official for a decade, has died.
Read more »
Former Premier Li Keqiang, China’s top economic official for a decade, has died at 68Former Premier Li Keqiang, China’s top economic official for a decade, has died.
Read more »
Former Premier Li Keqiang, China’s top economic official for a decade, has died at 68As the top economic official, Li promised to improve conditions for entrepreneurs who generate jobs and wealth.
Read more »