China, Trump
The NPC meetings typically last about a week, with government officials setting a growth and fiscal deficit target.
Beijing has protested to Washington over US Secretary of State Marco Rubio ’s “cold war” attacks on mainland China, warning it to stop cross lines on Taiwan. “Rubio’s remarks were full of a cold war mentality and spread lies and misinformation,” Chinese foreign ministry spokesman Lin Jian said on Monday.
China’s annual major political event gets underway this week to endorse decisions already made by the all-powerful Chinese Communist Party.
Chinese manufacturers saw a surge in orders in February as importers rushed to beat higher U.S. tariffs imposed by President Trump, while Beijing contemplates retaliatory measures, according to Chinese state media.
An advisory body, the Chinese People’s Political Consultative Conference, will meet at the same time. Members include business leaders, athletes, academics, religious leaders and representatives of ethnic groups. The concurrent meetings of the two bodies are known as the Two Sessions.
China rumored to build a strategic Bitcoin reserve to align with de-dollarization efforts, amid evolving US crypto regulations.
China's customs authorities suspended beef imports from seven companies in Brazil, Argentina, Uruguay and Mongolia on Monday amid record imports last year that led to an oversupply and heavy losses at farms.
President Trump earlier imposed a tariff of 10 percent on imports from China and that will rise to 20 percent beginning Tuesday.
Chinese President Xi Jinping is riding high as he prepares for the annual National People’s Congress in Beijing later this week. Donald Trump may just ruin the party.
China now eclipses every other country in the world — including the United States — in the green technologies of the future. Here’s how it achieved this lead.
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