Communist Party

China reaffirms lofty policy goals, offers no implementation details

Chinese leaders reiterated their wide-ranging economic policy goals on Thursday, from modernizing industry to expanding domestic demand and curbing debt and property sector risks, without detailing implementation steps. The pledges were published in the official news agency Xinhua's account of a key meeting of the Communist Party's Central Committee led by President Xi Jinping, known as a plenum, which takes place roughly every five years. The report said Beijing wanted to improve social secur...

May 24, 2024 11:40 AM

China’s second day of war games around Taiwan tests ability to ‘seize power’

China's military carried out a second day of war games around Taiwan on Friday, with drills to test its ability to "seize power" and control key areas in exercises Beijing has said were launched to punish Taiwan's new President Lai Ching-te. The two days of drills in the Taiwan Strait and around groups of Taiwan-controlled islands near the Chinese coast, which a Taiwanese official said included the mock bombing of foreign vessels, started just three days after Lai took office. Taiwan has condem...