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The Latest Breaking News from Xi Jinping

Analysis-China's newly empowered Xi faces a daunting to-do list

China's Xi Jinping kicks off his third leadership term with more power than ever, but a mountain of problems to tackle, from a dismal economy to his own COVID-19 policy that has backed the country into a corner, and deteriorating ties with the West.

Reuters

Why Tricida Shares Dipped Around 95%; Here Are 73 Biggest Movers From Yesterday

Gainers Applied Genetic Technologies Corporation (NASDAQ: AGTC) climbed 62.4% to close at $0.39. Syncona disclosed that it will acquire Applied Genetic Technologies Corporation.

Benzinga

Russia, Hungary congratulate Xi Jinping on third term as EU and US remain silent

China's economy grew at a faster pace than forecast in the third quarter of 2022, but investors have reacted with alarm to President Xi Jinping's sweeping new powers over the ruling Communist Party.

Radio France Internationale

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All the president's men: Why succession may pose a problem for Xi Jinping and China

Most attempts at leader succession in China have flopped, but Xi Jinping's norm-breaking practice comes at a precarious time for his country.

WEKU

Asian shares mostly lower on worries over China outlook

Shares are mostly lower in Asia as markets remain shaken over the outcome of a Communist Party congress in China, where key reformers were excluded from the highest ranks of ruling party leadership

The Independent UK

Alibaba, JD Put Up Resistance As Hang Seng Index Falls Below 15,000 Level For 1st Time Since 2009

Hong Kong stocks traded mixed on Tuesday with the benchmark Hang Seng Index falling over 1% in morning trade as investors continued to flee mainland Chinese stocks following President Xi Jinping’s historic consolidation of power.

Benzinga

Emissions from China-invested overseas coal plants equal to Spain

Fossil fuels produce around half of the energy from overseas Chinese-backed power plants, new study shows.

Al Jazeera

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Xi Jinping’s party purge prompts fears of greater Taiwan invasion risk

Observers wonder whether there is anyone left in CCP to stop Chinese president making a rash move

The Guardian - UK

China’s wealthy activate escape plans as Xi Jinping extends rule

Rich citizens fearing high taxes and personal safety move capital out of country and arrange residences overseas

Financial Times

Biden team works on setting up Xi meeting as Chinese leader tightens grip

WASHINGTON — The U.S. won’t change its stance toward China as a result of Xi Jinping seizing more power in a key Communist Party congress, with advisers still trying to set up a meeting between President Joe Biden and the Chinese leader, U.S. officials said.

Tribune News Service

U.S. takes note of China congress, says important to keep communications open

The United States said on Monday it had taken note of the Communist Party congress in strategic rival China that confirmed Xi Jinping in an unprecedented third term as leader, and stressed the importance of keeping lines of communication open.

Reuters

No women named to China's powerful Politburo for first time in 25 years

The new leadership is also packed with Xi loyalists.

Axios

Pacific power struggle between China and US set to escalate after Xi Jinping locks in leadership

The Pacific looks set to benefit economically, but some island nations may also face "danger" to their democracies, after China's president cements his grip on the country's leadership.

ABC News

Chinese former leader Hu Jintao's removal was in full view of the foreign press, but heavily censored in China

Chinese state-owned media chalked up the incident to health issues, but little information seeped through to the Chinese-speaking public thanks to Beijing's censorship.

ABC News

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Benzinga

US Charges More Than A Dozen Chinese Agents With Multiple Acts Of Espionage: What You Need To Know

U.S. Attorney General Merrick Garland accused China of committing acts of espionage against the United States in a Monday press conference. Here's what you need to know:

France 24

All of Xi's men: Loyalty first for new Chinese leadership

Seven men and all his ducks in a row. Xi Jinping's third term has been rubber stamped and a new Communist Party leadership unveiled at a Congress that is set to shape China’s politics for much more than just the next five years. We ask about those promoted, like Li…

Benzinga

Tesla Shares Drop Following China Price Cuts. What Does It Mean For NIO, XPeng And Li Auto?

Tesla Inc (NASDAQ: TSLA) shares dropped another 4.6% on Monday morning after the electric vehicle company reduced prices on its standard Model 3 and Model Y vehicle models in China by 4.7% and 8.9%, respectively.

Wales Online

New PM Rishi Sunak will have to get a grip of volatile post-Truss economy and cost of living crisis

The list of 'hot potato' challenges faced by Mr Sunak

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Benzinga

Alibaba Plummets Following Xi Jinping Reelection, Government Reshuffling: What's Happening?

Alibaba Group Holdings, Ltd - ADR (NYSE: BABA) plunged 20% off Friday’s closing price at one point Monday before bouncing up about 6% from the low-of-day.

Benzinga

Why Vaxcyte Shares Are Trading Sharply Higher? Here Are 63 Stocks Moving In Monday's Mid-Day Session

Gainers Vaxcyte, Inc. (NASDAQ: PCVX) shares jumped 65% to $33.96 after the company announced positive topline results from the Phase 1/2 clinical proof-of-concept study evaluating the safety, tolerability and immunogenicity of VAX-24.

Benzinga

Why Chinese, Hong Kong Stocks Are Tanking As Xi Jinping Consolidates Power

U.S.-listed Chinese stocks were crushed on Monday morning after the Chinese Communist Party concluded its national congress meeting over the weekend.

Benzinga

Alibaba, Baidu, JD.com And Some Other Big Stocks Moving Lower On Monday

U.S. stocks traded mostly higher, with the Dow Jones gaining more than 200 points on Monday. Here are some big stocks recording losses in today’s session.

France 24

China’s 'toilet revolution': How activists are hiding messages of protest in public spaces

When a lone protester hung up banners criticising the Chinese government just days before the 20th Communist Party Congress kicked off, he started a quiet but national revolution. Alhough the original activist’s whereabouts are now unknown, citizens have been spreading his message discreetly, from graffiti in public toilets to stickers…

The Conversation

China: echoes of authoritarian past as Xi Jinping cements his place at the heart of a Communist Party now entirely built around him

It has been suggested that the removal of Hu Jintao, Xi Jinping’s predecessor, from the closing ceremony of the 20th Communist Party congress could overshadow all other news from Beijing during the past week. Was there a health reason for this dramatic development – or was it a live purge,…

Reuters

Factbox-China's new political elites and their connection to Xi

Xi Jinping on Sunday secured a third term as leader of China's ruling Communist Party and unveiled a new leadership team dominated by his allies, including the entire seven-member Politburo Standing Committee, which he heads.

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