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China is striving to be number one


China is striving to be number one
V.R. (TRANSLATED BY COSMIN GHIDOVEANU)
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China is looking to become the world s biggest economy, an intention which is also visible from the speeches of the country s officials. The efforts in that direction are visible, as the Chinese economy was the only one that had a strong growth in the past year and has succeeded in recovering very quickly and resuming its natural course.
China will not seek to become a hegemony, no matter how powerful it is, according to president Xi Jinping, who is asking for a fairer and more equitable global governance. ....

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Zhou Warns of Stimulus Cost; Xi Urges Cooperation: Boao Update


Zhou Warns of Stimulus Cost; Xi Urges Cooperation: Boao Update
Bloomberg
1 hr ago
Bloomberg News
© Getty Images via Bloomberg
Xi Jinping gives his address during the Boao Forum for Asia (BFA) Annual Conference 2021 in Hainan province on April 20.
(Bloomberg) China’s annual Boao Forum entered its last day, with former central bank governor Zhou Xiaochuan warning of inflation risks caused by global stimulus policies adopted during the Covid-19 pandemic.
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Chinese government officials and business leaders are gathered this week on the tropical island province of Hainan for the forum, with discussions encompassing topics from digital currencies to carbon neutrality and the economic outlook for a post-pandemic world. Billed as an Asian version of the World Economic Forum, the event kicked off Sunday and is slated to run through Wednesday. ....

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