China has begun its annual National People's Congress meeting, the NPC is a part of the "two sessions and is an important window into Beijing's policies". The meeting this year is crucial this year as it will formalise President Xi Jinping's third time in the top office.

China begins National Party Congress, sets modest growth target

China's defence spending to rise, will spend $225 billion on Defence in 2023

Canada's opposition parties have stepped on the gas and started pressuring the Justin Trudeau government to open a public inquiry into alleged election interference by China.

Canada's opposition parties have stepped on the gas and started pressuring the Justin Trudeau government to open a public inquiry into alleged election interference by China. The Conservative party and its leaders have opened the front after Canadian media reported about ongoing Chinese interference in the elections. "We want to know exactly what the Chinese authoritarian government did, and whether there were political parties aware of those actions or not,” said Pierre Poilievre, Conservative party leader. The opposition demanded an independent, public inquiry into the matter, headed by someone who is selected unanimously by all parties in the parliament. A motion demanding a 'full public inquiry' was also put forth on Wednesday when a parliamentary committee was piecing together evidence about Chinese meddling by hearing testimony from spy agencies. WATCH | Gravitas | On Camera: Xi Jinping confronts Justin Trudeau × Meanwhile, the Chinese embassy has refuted all the claims about election interference. “We are not interested in meddling with Canada’s internal affairs, nor have we ever tried to do so,” it said in an email. China opens illegal police stations Apart from allegedly interfering in Canada's electoral system, China has been accused of opening illegal police stations across the North American country. These police stations are affiliated with the Public Security Bureau (PSB) and have been set up to antagonise China’s adversaries. When confronted by the authorities, China has shrugged off the responsibility, saying these facilities are “vocational skill training centres”. The Chinese government claims that these police stations are essential for citizens living abroad. Read more: China has opened illegal police stations in several countries across the world: Report Moreover, in December last year, news reports claimed that the Chinese had access to the Royal Canadian Mounted Police's communication system. After the controversy snowballed, Trudeau vowed to review the contract, awarded to a firm with links to China to supply and maintain police radios. Trudeau noted that Canadian security agencies have been regularly warning about "foreign interference in our institutions and our structures". Read more: Canada PM Trudeau vows to review police radio deal awarded to company with links to China Tensions between the two countries reached a tipping point when Trudeau was given a dressing down by Chinese President Xi Jinping in front of cameras at the G20 summit in Indonesia last year. Xi scolded Trudeau for leaking details of a meeting where the Canadian prime minister brought up the issue of China interfering in Canada's affairs. (With inputs from agencies) WATCH WION LIVE HERE:

'We want to know': Canada's opposition parties call for inquiry into Chinese interference in elections

China's Xi Jinping is poised to tighten control on banks. Bankers are being told to rectify their mindsets, clean up their lifestyles and stop copying Western weeds blindly. A 3,500 world commentary was part of directives which were issued last week from country's top watchdog.

China: Jinping poised to tighten control on banks, warns 'hedonistic' bankers | World Business Watch

Chinese jets and warships have once again been spotted near Taiwan as Beijing resumes its Taiwan war rehearsals. In a meeting with Chinese President Xi Jinping, Belarus' Lukashenko said his country supports Beijing in all 'sensitive issues, including Taiwan'.

Gravitas: China resumes Taiwan war rehearsals

Belarusian President Alexander Lukashenko and a close ally of Russian President Vladimir Putin met Chinese President Xi Jinping, who is on a visit to the European country, and lent his full support to Beijing’s recently proposed "peace" initiative amid the Ukraine war.&nbsp;

During a meeting between the leaders on Wednesday, Lukashenko told Xi, “Belarus has been actively proposing peace and fully supports your initiative on international security.” 
 
The meeting between Lukashenko and Xi&nbsp;led to a joint call by them for a cease-fire and negotiations to bring about a political settlement to the Ukraine conflict.

Also Read | <a href="https://www.wionews.com/world/biden-appoints-two-prominent-indian-american-corporate-leaders-to-his-export-council-567225">Biden appoints two prominent Indian American corporate leaders to his Export Council</a>

The development comes after&nbsp;China recently said that it hopes to play a constructive role in resolving the geopolitical tensions between Russia and Ukraine and came up with the so-called peace plan in the form of a 12-point foreign ministry paper for a gradual de-escalation between the warring nations.&nbsp;

Lukashenko also called for a cease-fire and negotiations to end the Ukraine war which entered second year.&nbsp;He said the meeting is held at a very difficult time which requires "new nonstandard approaches and responsible political decisions," reported Belarusian Telegraph Agency (BelTA).&nbsp;

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“They should be aimed to prevent global confrontation which will have no winners. You have recently stated it, both clearly and unambiguously, addressing the world community," the Belarusian president added.&nbsp;

In a veiled reference to the US and other European nations, Xi said, “Relevant countries should stop politicizing and using the world economy as their tool, and take measures that truly advance a cease-fire and stop to war and resolve the crisis peacefully.”

“The core of China’s stance is to call for peace and encourage talks ... and for the legitimate security concerns of all countries to be respected,” Xi was quoted as saying by Chinese state broadcaster CCTV.

Meanwhile, Lukashenko also held a meeting with Chinese Premier Li Keqiang and urged to give an impetus to the bilateral ties between the nations.&nbsp;

Watch | <a href="https://www.wionews.com/videos/eu-bans-tiktok-on-work-devices-amid-data-security-breaches-567233">EU bans TikTok on work devices amid data security breaches</a>

“We have no closed topics for cooperation. We cooperate in all avenues. Most importantly, we have never set ourselves the task of being friends or working against third countries,” Lukashenko told Li.&nbsp;

In response to China's peace plan, Kremlin spokesman Dmitry Peskov said Russia paid a "lot of attention" to it and added that "for now, we don't see any of the conditions that are needed to bring this whole story towards peace."&nbsp;

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Belarusian President Alexander Lukashenko and a close ally of Russian President Vladimir Putin met Chinese President Xi Jinping, who is on a visit to the European country, and lent his full support to Beijing’s recently proposed "peace" initiative amid the Ukraine war.

Belarusian President Alexander Lukashenko and a close ally of Russian President Vladimir Putin met Chinese President Xi Jinping, who is on a visit to the European country, and lent his full support to Beijing’s recently proposed "peace" initiative amid the Ukraine war. During a meeting between the leaders on Wednesday, Lukashenko told Xi, “Belarus has been actively proposing peace and fully supports your initiative on international security.” The meeting between Lukashenko and Xi led to a joint call by them for a cease-fire and negotiations to bring about a political settlement to the Ukraine conflict. Also Read | Biden appoints two prominent Indian American corporate leaders to his Export Council The development comes after China recently said that it hopes to play a constructive role in resolving the geopolitical tensions between Russia and Ukraine and came up with the so-called peace plan in the form of a 12-point foreign ministry paper for a gradual de-escalation between the warring nations. Lukashenko also called for a cease-fire and negotiations to end the Ukraine war which entered second year. He said the meeting is held at a very difficult time which requires "new nonstandard approaches and responsible political decisions," reported Belarusian Telegraph Agency (BelTA). Also Read | BBC must follow law, EAM Jaishankar tells UK Foreign secretary “They should be aimed to prevent global confrontation which will have no winners. You have recently stated it, both clearly and unambiguously, addressing the world community," the Belarusian president added. In a veiled reference to the US and other European nations, Xi said, “Relevant countries should stop politicizing and using the world economy as their tool, and take measures that truly advance a cease-fire and stop to war and resolve the crisis peacefully.” “The core of China’s stance is to call for peace and encourage talks ... and for the legitimate security concerns of all countries to be respected,” Xi was quoted as saying by Chinese state broadcaster CCTV. Meanwhile, Lukashenko also held a meeting with Chinese Premier Li Keqiang and urged to give an impetus to the bilateral ties between the nations. Watch | EU bans TikTok on work devices amid data security breaches “We have no closed topics for cooperation. We cooperate in all avenues. Most importantly, we have never set ourselves the task of being friends or working against third countries,” Lukashenko told Li. In response to China's peace plan, Kremlin spokesman Dmitry Peskov said Russia paid a "lot of attention" to it and added that "for now, we don't see any of the conditions that are needed to bring this whole story towards peace." WATCH WION LIVE HERE You can now write for wionews.com and be a part of the community. Share your stories and opinions with us here.

Putin’s ally Lukashenko, Xi hold talks, appeal for ceasefire, dialogue to end Ukraine war

A head-on train collision in Greece&nbsp;killed 36 people&nbsp;and injured around 85, the officials in Athens said&nbsp;on Wednesday. Meanwhile, the Finland parliament on Wednesday (March 1) overwhelmingly approved country's bid to join the North Atlantic Treaty Organization (NATO).&nbsp;Belarusian President Alexander Lukashenko&nbsp;met Chinese&nbsp;President Xi Jinping and lent support to Beijing's 12-point peace plan to end the war in Ukraine.&nbsp;

Click on the headlines to read more:

<a href="https://www.wionews.com/world/in-meet-with-xi-putins-close-ally-lukashenko-fully-backs-chinas-peace-plan-567258">In meet with Xi, Putin's close ally Lukashenko 'fully' backs China's 'peace' plan</a>

<img src="https://cdn.wionews.com/sites/default/files/styles/story_page/public/2023/03/01/335812-untitled-design-2023-03-01t194947415.png?imwidth=1920" />

Belarusian President Alexander Lukashenko and a close ally of Russian President Vladimir Putin met Chinese President Xi Jinping, who is on a visit to the European country, and lent his full support to Beijing’s recently proposed "peace" initiative amid the Ukraine war.&nbsp;

<a href="https://www.wionews.com/world/at-least-16-killed-85-injured-after-two-trains-collide-in-greece-566978">Greece train crash: Thirty-six killed in head-on train collision, at least 85 injured</a>

<img src="https://cdn.wionews.com/sites/default/files/styles/story_page/public/2023/03/01/335802-newest-template-6.png?imwidth=1920" />

A head-on train collision in Greece has killed 36 people&nbsp;and injured around 85, officials said&nbsp;on Wednesday. The passenger train, that was reportedly carrying 350 people from Athens to&nbsp;the northern city of Thessaloniki, collided with a freight train just before midnight&nbsp;near the town of Tempe as it was emerging from a highway underpass. Multiple cars of the train derailed, with at least three bursting into flames.&nbsp;

<a href="https://www.wionews.com/world/finlands-parliament-overwhelmingly-gives-early-greenlight-to-nato-entry-567250">Finnish parliament overwhelmingly gives early greenlight to NATO entry</a>

<img src="https://cdn.wionews.com/sites/default/files/styles/story_page/public/2023/03/01/335791-nato-logo.png?imwidth=1920" />

The Finland parliament on Wednesday (March 1) overwhelmingly gave a green light and acceleration to the bid of joining the North Atlantic Treaty Organization (NATO). The move by parliament has increased the prospects that Finland will leave its neighbour Sweden behind and become a member of the pact earlier.&nbsp; 
&nbsp;

<a href="https://www.wionews.com/world/bbc-must-follow-law-eam-jaishankar-tells-uk-foreign-secretary-567148">BBC must follow law, India’s foreign minister Jaishankar tells UK foreign secretary</a>

<img src="https://cdn.wionews.com/sites/default/files/styles/story_page/public/2023/03/01/335734-untitled-design-2023-03-01t153231990.png?imwidth=1920" />

India has made it clear to the United Kingdom that compliance with Indian laws and regulations is mandatory for all entities operating in the country, including the British Broadcasting Corporation (BBC).

<a href="https://www.wionews.com/world/explained-everything-about-bola-tinubu-nigerias-president-elect-567275">EXPLAINED | Everything about Bola Tinubu, Nigeria's president-elect</a>

<img src="https://cdn.wionews.com/sites/default/files/styles/story_page/public/2023/03/01/335825-weekend-banner-7.png?imwidth=1920" />

Bola Tinubu, the incoming president of Nigeria, has largely operated from behind the scenes during his political career. He is considered a "godfather" who supports political candidates via his extensive network of patrons. With Tinubu's assistance, former president Muhammadu Buhari was successful in obtaining two terms in office, in 2015 and 2019.&nbsp;And Tinubu has chosen each succeeding victor to lead the greatest city in Africa since he stepped down as governor of Lagos in 2007.

<a href="https://www.wionews.com/middle-east/turkey-elections-to-be-held-on-may-14-as-erdogan-rules-out-any-delay-following-devastating-earthquake-567142">Turkey elections to be held on May 14 as Erdogan rules out any delay following devastating earthquake</a>

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Turkey will be holding its elections as per schedule despite the devastating February 6 earthquake, President Recep Tayyip Erdogan announced on Wednesday. Erdogan said the vote will be held on May 14.&nbsp;

"(Turkish) people will do what is necessary on May 14," he told his ruling party lawmakers in the parliament in Ankara.

<a href="https://www.wionews.com/world/biden-appoints-two-prominent-indian-american-corporate-leaders-to-his-export-council-567225">Biden appoints two prominent Indian American corporate leaders to his Export Council</a>

<img src="https://cdn.wionews.com/sites/default/files/styles/story_page/public/2023/03/01/335792-untitled-design-2023-03-01t181756555.png?imwidth=1920" />

US President Joe Biden on Wednesday nominated two prominent Indian American corporate leaders Punit Renjen and Rajesh Subramaniam to his Export Council, the principal national advisory committee on international trade.&nbsp;

White House made the announcement in a statement where it listed all the individuals Biden has nominated to his Export Council. The Council serves as the principal national advisory committee on international trade.&nbsp;This comes after Biden recently nominated another Indian-American Ajay Banga&nbsp;to be the head of the World Bank.

<a href="https://www.wionews.com/world/young-girls-poisoned-in-iran-in-a-spate-of-attacks-to-force-closure-of-schools-567266">Young girls 'poisoned' in Iran in a spate of attacks to force closure of schools</a>

<img src="https://cdn.wionews.com/sites/default/files/styles/story_page/public/2023/03/01/335818-untitled-design-8.jpg?imwidth=1920" />

Hundreds of Iranian schoolgirls complained of respiratory distress in what has emerged as another episode of "mysterious poisoning" in Iran. The&nbsp;mysterious poisoning, suspected to be a case of a pre-mediated poisoning, has been reported in the holy city of Qom, south of Tehran. Many schoolgirls needed hospitalisation, local media reported.

<a href="https://www.wionews.com/sports/ind-vs-aus-r-ashwin-overtakes-james-anderson-to-become-no-1-ranked-bowler-during-day-1-of-indore-test-567152">Ind vs Aus: R Ashwin overtakes James Anderson to become No. 1 ranked bowler during Day 1 of Indore Test</a>

<img src="https://cdn.wionews.com/sites/default/files/styles/story_page/public/2023/03/01/335729-r-ashwin-overtakes-james-anderson-to-become-no-1-ranked-bowler-during-day-1-of-indore-test.jpg?imwidth=1920" />

Nothing has clicked for India on Day 1 of the third and penultimate Test versus Australia, in Indore, on Wednesday (March 01). After opting to bat first, Rohit Sharma-led hosts only managed a paltry 109 in 33.2 overs and have failed to run through the Australian top-order. However, there is something to cheer for India's spin duo Ravindra Jadeja and R Ashwin. While Jadeja became only the second Indian to complete a double of 500 wickets and 5000 international runs, Ashwin became the No. 1 ranked bowler in the purest format after replacing James Anderson.&nbsp;

<a href="https://www.wionews.com/entertainment/naatu-naatu-will-be-performed-live-at-oscar-awards-2023-confirms-the-academy-566989">Naatu Naatu from RRR will be performed live at Oscar Awards 2023, confirms the Academy&nbsp;</a>

<img src="https://cdn.wionews.com/sites/default/files/styles/story_page/public/2023/01/12/324968-horizons-51.jpg?imwidth=1920" />

The 'Naatu Naatu'&nbsp;madness will take over the Oscar stage on March 12. Nominated in the Best Original Song category at the 95th Oscar Awards,&nbsp;RRR's smash hit song&nbsp;Naatu Naatu&nbsp;will be performed live on stage by Indian singers Rahul Sipligunj and Kaala Bhairava. The two singers will be making their international stage debut at the Oscars. The song's composer MM Keeravaani and lyricist Chandrabose will also be present at the ceremony which will take place on March 12 in Hollywood. The Academy's Twitter handle made the announcement about the performance on Tuesday.&nbsp;

A head-on train collision in Greece killed 36 people and injured around 85, the officials in Athens said on Wednesday. Meanwhile, the Finland parliament on Wednesday (March 1) overwhelmingly approved country's bid to join the North Atlantic Treaty Organization (NATO).

A head-on train collision in Greece killed 36 people and injured around 85, the officials in Athens said on Wednesday. Meanwhile, the Finland parliament on Wednesday (March 1) overwhelmingly approved country's bid to join the North Atlantic Treaty Organization (NATO). Belarusian President Alexander Lukashenko met Chinese President Xi Jinping and lent support to Beijing's 12-point peace plan to end the war in Ukraine. Click on the headlines to read more: In meet with Xi, Putin's close ally Lukashenko 'fully' backs China's 'peace' plan Belarusian President Alexander Lukashenko and a close ally of Russian President Vladimir Putin met Chinese President Xi Jinping, who is on a visit to the European country, and lent his full support to Beijing’s recently proposed "peace" initiative amid the Ukraine war. Greece train crash: Thirty-six killed in head-on train collision, at least 85 injured A head-on train collision in Greece has killed 36 people and injured around 85, officials said on Wednesday. The passenger train, that was reportedly carrying 350 people from Athens to the northern city of Thessaloniki, collided with a freight train just before midnight near the town of Tempe as it was emerging from a highway underpass. Multiple cars of the train derailed, with at least three bursting into flames. Finnish parliament overwhelmingly gives early greenlight to NATO entry The Finland parliament on Wednesday (March 1) overwhelmingly gave a green light and acceleration to the bid of joining the North Atlantic Treaty Organization (NATO). The move by parliament has increased the prospects that Finland will leave its neighbour Sweden behind and become a member of the pact earlier. BBC must follow law, India’s foreign minister Jaishankar tells UK foreign secretary India has made it clear to the United Kingdom that compliance with Indian laws and regulations is mandatory for all entities operating in the country, including the British Broadcasting Corporation (BBC). EXPLAINED | Everything about Bola Tinubu, Nigeria's president-elect Bola Tinubu, the incoming president of Nigeria, has largely operated from behind the scenes during his political career. He is considered a "godfather" who supports political candidates via his extensive network of patrons. With Tinubu's assistance, former president Muhammadu Buhari was successful in obtaining two terms in office, in 2015 and 2019. And Tinubu has chosen each succeeding victor to lead the greatest city in Africa since he stepped down as governor of Lagos in 2007. Turkey elections to be held on May 14 as Erdogan rules out any delay following devastating earthquake Turkey will be holding its elections as per schedule despite the devastating February 6 earthquake, President Recep Tayyip Erdogan announced on Wednesday. Erdogan said the vote will be held on May 14. "(Turkish) people will do what is necessary on May 14," he told his ruling party lawmakers in the parliament in Ankara. Biden appoints two prominent Indian American corporate leaders to his Export Council US President Joe Biden on Wednesday nominated two prominent Indian American corporate leaders Punit Renjen and Rajesh Subramaniam to his Export Council, the principal national advisory committee on international trade. White House made the announcement in a statement where it listed all the individuals Biden has nominated to his Export Council. The Council serves as the principal national advisory committee on international trade. This comes after Biden recently nominated another Indian-American Ajay Banga to be the head of the World Bank. Young girls 'poisoned' in Iran in a spate of attacks to force closure of schools Hundreds of Iranian schoolgirls complained of respiratory distress in what has emerged as another episode of "mysterious poisoning" in Iran. The mysterious poisoning, suspected to be a case of a pre-mediated poisoning, has been reported in the holy city of Qom, south of Tehran. Many schoolgirls needed hospitalisation, local media reported. Ind vs Aus: R Ashwin overtakes James Anderson to become No. 1 ranked bowler during Day 1 of Indore Test Nothing has clicked for India on Day 1 of the third and penultimate Test versus Australia, in Indore, on Wednesday (March 01). After opting to bat first, Rohit Sharma-led hosts only managed a paltry 109 in 33.2 overs and have failed to run through the Australian top-order. However, there is something to cheer for India's spin duo Ravindra Jadeja and R Ashwin. While Jadeja became only the second Indian to complete a double of 500 wickets and 5000 international runs, Ashwin became the No. 1 ranked bowler in the purest format after replacing James Anderson. Naatu Naatu from RRR will be performed live at Oscar Awards 2023, confirms the Academy The 'Naatu Naatu' madness will take over the Oscar stage on March 12. Nominated in the Best Original Song category at the 95th Oscar Awards, RRR's smash hit song Naatu Naatu will be performed live on stage by Indian singers Rahul Sipligunj and Kaala Bhairava. The two singers will be making their international stage debut at the Oscars. The song's composer MM Keeravaani and lyricist Chandrabose will also be present at the ceremony which will take place on March 12 in Hollywood. The Academy's Twitter handle made the announcement about the performance on Tuesday.

Top 10 world news: Putin ally backs Xi's 'peace plan' to end Ukraine war, train tragedy hits Greece, and more

Belarus President Alexander Lukashenko is kicking off his three-day-visit to China on Tuesday (February 28). During his visit, he will meet Chinese counterpart Xi Jinping.

The state visit by Lukashenko -- a key ally of Russian President Vladimir Putin -- comes after Beijing released a position paper on Russia's war in Ukraine insisting it is a neutral party and calling for dialogue between the two sides.

It also follows allegations by the United States and NATO that Beijing could be mulling sending arms to Russia as the conflict enters its second year. China has strenuously denied the claims.

Ahead of Lukashenko's visit, Beijing hailed its "all-weather and comprehensive" strategic partnership with Minsk.

Lukashneko said in an interview to China's state-run Xinhua news agency that he was looking forward to meet his "old friend" Xi.

He also praised Beijing's position paper as "a testimony to its peaceful foreign policy as well as a new and original step that will have a far-reaching impact all over the world", Xinhua added.

"Today, not a single issue in the world can be resolved without China," Lukashenko said.

Xi has spoken to Putin several times since the war began, but has not done so with his Ukrainian counterpart Volodymyr Zelensky.

Lukashenko is a close ally of Putin and has backed Moscow's invasion of Ukraine.

Belarus shares a border with both Ukraine and Russia, but is financially and politically dependent on the Putin administration.

(With inputs from agencies)

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Belarus President Alexander Lukashenko is kicking off his three-day-visit to China on Tuesday (February 28). During his visit, he will meet Chinese counterpart Xi Jinping.

Belarus President Alexander Lukashenko is kicking off his three-day-visit to China on Tuesday (February 28). During his visit, he will meet Chinese counterpart Xi Jinping. The state visit by Lukashenko -- a key ally of Russian President Vladimir Putin -- comes after Beijing released a position paper on Russia's war in Ukraine insisting it is a neutral party and calling for dialogue between the two sides. It also follows allegations by the United States and NATO that Beijing could be mulling sending arms to Russia as the conflict enters its second year. China has strenuously denied the claims. Ahead of Lukashenko's visit, Beijing hailed its "all-weather and comprehensive" strategic partnership with Minsk. Lukashneko said in an interview to China's state-run Xinhua news agency that he was looking forward to meet his "old friend" Xi. He also praised Beijing's position paper as "a testimony to its peaceful foreign policy as well as a new and original step that will have a far-reaching impact all over the world", Xinhua added. "Today, not a single issue in the world can be resolved without China," Lukashenko said. Xi has spoken to Putin several times since the war began, but has not done so with his Ukrainian counterpart Volodymyr Zelensky. Lukashenko is a close ally of Putin and has backed Moscow's invasion of Ukraine. Belarus shares a border with both Ukraine and Russia, but is financially and politically dependent on the Putin administration. (With inputs from agencies) You can now write for wionews.com and be a part of the community. Share your stories and opinions with us here. WATCH WION LIVE HERE ×

Lukashenko to kick-off China visit, will meet Xi

Ukrainian President Volodymyr Zelensky has given qualified support to the peace plan proposed by China and he said that he plans to meet Chinese President Xi Jinping. This came after Beijing at the United Nations General Assembly reiterated its support for diplomatic negotiations and offered solutions to end the war.

Ukraine President Zelensky's qualified support to China's plan, says 'planning to meet Xi Jinping'

Ukraine cautiously welcomes China's proposal, Zelensky says 'Interest to broker peace not bad'

China's top diplomat Wang Yi said that China's ties with Russia are 'rock solid'. Currently, Wang Yi met the Russian Security Chief Nikolai Patrushev and said that Russia-China ties will withstand any test in a changing international situation.

China's top Diplomat Wang Yi meets Russian Security Chief Nikolai Patrushev

United States President Joe Biden on Thursday said that he will hold talks with his Chinese counterpart Xi Jinping in the wake of the shooting down of a Chinese balloon by the US Air Force earlier this month, which Washington claimed to be a high-tech Chinese spy device.

"I expect to be speaking with President Xi and... we're going to get to the bottom of this," Biden said, in the most extensive public remark made by him since the incident that took place on February 4.

While emphasising that the United States is "not looking for a new Cold War”, Biden said, "I make no apologies for taking down that balloon." "We'll always act to protect the interests of the American people and the security of the American people,” he added.

ALSO READ | <a href="https://www.wionews.com/world/china-charges-us-of-flowing-balloons-over-xinjiang-tibet-says-will-adopt-countermeasures-562500">Destroyed Chinese balloon aimed for Guam, Hawaii, claims US official</a>

The United States has remained in a state of alarm since a huge white Chinese balloon was spotted flying over various secret nuclear weapons sites. China has claimed that the balloon is just a stray weather research craft, however, US officials claim that they have conclusive evidence that the balloon was a spy device.

The shooting down of the balloon created a diplomatic rift between the two countries with Secretary of State Antony Blinken's China visit getting abruptly cancelled. Beijing called Washington's actions an overreaction and claimed that there have been numerous incidents of US balloons flying over Chinese territory.

"We don't yet know exactly what these three objects were. Nothing right now suggests they're related to China's spy balloon programme or... surveillance vehicles from any other countries. The intelligence community's current assessment is that these three objects are most likely balloons tied to private companies" or research projects, said Biden.

WATCH | WION Speed News: China calls on U.S. to manage differences over spy balloon

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However, "if any object presents a threat to the safety, security (of) the American people I will take it down," he added.

Resetting relations with China has become a top priority of Biden, which Washinton calls its biggest competitor. Biden and Xi have earlier expressed their wish to establish "guard rails" to avoid their superpower competition from becoming a conflict.

Deputy Secretary of State Wendy Sherman on Wednesday had said that the two countries have not "stopped communicating and trying to understand each other".

In the last two weeks, Biden added that his government has been "continuing to engage with China". "We seek competition, not conflict. This episode underscores the importance of maintaining open lines of communication between our diplomats and our military professionals,” he said.&nbsp;

(With inputs from agencies)

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United States President Joe Biden on Thursday said that he will hold talks with his Chinese counterpart Xi Jinping in the wake of the shooting down of a Chinese balloon by the US Air Force earlier this month, which Washington claimed to be a high-tech Chinese spy device.

United States President Joe Biden on Thursday said that he will hold talks with his Chinese counterpart Xi Jinping in the wake of the shooting down of a Chinese balloon by the US Air Force earlier this month, which Washington claimed to be a high-tech Chinese spy device. "I expect to be speaking with President Xi and... we're going to get to the bottom of this," Biden said, in the most extensive public remark made by him since the incident that took place on February 4. While emphasising that the United States is "not looking for a new Cold War”, Biden said, "I make no apologies for taking down that balloon." "We'll always act to protect the interests of the American people and the security of the American people,” he added. ALSO READ | Destroyed Chinese balloon aimed for Guam, Hawaii, claims US official The United States has remained in a state of alarm since a huge white Chinese balloon was spotted flying over various secret nuclear weapons sites. China has claimed that the balloon is just a stray weather research craft, however, US officials claim that they have conclusive evidence that the balloon was a spy device. The shooting down of the balloon created a diplomatic rift between the two countries with Secretary of State Antony Blinken's China visit getting abruptly cancelled. Beijing called Washington's actions an overreaction and claimed that there have been numerous incidents of US balloons flying over Chinese territory. "We don't yet know exactly what these three objects were. Nothing right now suggests they're related to China's spy balloon programme or... surveillance vehicles from any other countries. The intelligence community's current assessment is that these three objects are most likely balloons tied to private companies" or research projects, said Biden. WATCH | WION Speed News: China calls on U.S. to manage differences over spy balloon However, "if any object presents a threat to the safety, security (of) the American people I will take it down," he added. Resetting relations with China has become a top priority of Biden, which Washinton calls its biggest competitor. Biden and Xi have earlier expressed their wish to establish "guard rails" to avoid their superpower competition from becoming a conflict. Deputy Secretary of State Wendy Sherman on Wednesday had said that the two countries have not "stopped communicating and trying to understand each other". In the last two weeks, Biden added that his government has been "continuing to engage with China". "We seek competition, not conflict. This episode underscores the importance of maintaining open lines of communication between our diplomats and our military professionals,” he said. (With inputs from agencies) You can now write for wionews.com and be a part of the community. Share your stories and opinions with us here. WATCH WION LIVE HERE

US President Biden to talk to China's Xi in wake of balloon controversy

China's Elderly have hit the streets in Wuhan to protest the government's new health insurance reforms. These reforms include cuts in monthly allowances paid to retirees. Molly Gambhir reports.

Gravitas: China's Elderly V/S Xi Jinping

Chinese President Xi Jinping on Tuesday said that Iran nuclear issue needs to be resolved early and applauded the “solidarity” shared between the two countries as he met Islamic republic's President Ebrahim Raisi as the latter began his three-day visit.

In the first state visit of an Iranian president to China in the last 20 years, Raisi was accompanied by a large trade and finance delegation. On the red carpet, Raisi was greeted by Xi.

"In the face of the current complex changes in the world, times, and history, China and Iran have supported each other (and) worked together in solidarity and co-operation," said Xi said, as per the state broadcaster CCTV.

ALSO READ | <a href="https://www.wionews.com/world/watch-death-to-the-islamic-republic-hackers-take-over-raisis-revolution-anniversary-speech-561139">WATCH | 'Death to the Islamic Republic': Hackers take over Raisi's revolution anniversary speech</a>

Xi also said that his government will continue to "participate constructively" in talks for resuming negotiations on the Iran nuclear agreement's implementation.

Iran's uranium enrichment programme was limited by a 2015 nuclear agreement which made it difficult for the country to develop nuclear arms. Iran had claimed that it was developing nuclear arms for peaceful reasons.

Both nations have been facing pressure from Western nations over their stand on Russia's invasion of Ukraine, as strict sanctions have already been issued by the United States against Iran because of its nuclear programme.

China "supports Iran in safeguarding national sovereignty, independence, territorial integrity and national dignity... and in resisting unilateralism and hegemonism", Xi was quoted as saying by CCTV.

WATCH | Iran-China Ties: Iranian President Ebrahim Raisi begins three day visit to China

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Beijing also "opposes external forces interfering in Iran's internal affairs and undermining Iran's security and stability", and will continue to "promote the early and proper resolution of the Iranian nuclear issue", stated the Chinese leader.

"No matter how the international and regional situation changes, China will unswervingly develop friendly cooperation with Iran", President Xi said.

As per CCTV, both nations signed various documents of bilateral co-operation in the fields of environmental protection, disaster relief, agriculture, trade, tourism, health, culture and sport.

(With inputs from agencies)

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Chinese President Xi Jinping on Tuesday said that Iran nuclear issue needs to be resolved early and applauded the “solidarity” shared between the two countries as he met Islamic republic's President Ebrahim Raisi as the latter began his three-day visit.

Chinese President Xi Jinping on Tuesday said that Iran nuclear issue needs to be resolved early and applauded the “solidarity” shared between the two countries as he met Islamic republic's President Ebrahim Raisi as the latter began his three-day visit. In the first state visit of an Iranian president to China in the last 20 years, Raisi was accompanied by a large trade and finance delegation. On the red carpet, Raisi was greeted by Xi. "In the face of the current complex changes in the world, times, and history, China and Iran have supported each other (and) worked together in solidarity and co-operation," said Xi said, as per the state broadcaster CCTV. ALSO READ | WATCH | 'Death to the Islamic Republic': Hackers take over Raisi's revolution anniversary speech Xi also said that his government will continue to "participate constructively" in talks for resuming negotiations on the Iran nuclear agreement's implementation. Iran's uranium enrichment programme was limited by a 2015 nuclear agreement which made it difficult for the country to develop nuclear arms. Iran had claimed that it was developing nuclear arms for peaceful reasons. Both nations have been facing pressure from Western nations over their stand on Russia's invasion of Ukraine, as strict sanctions have already been issued by the United States against Iran because of its nuclear programme. China "supports Iran in safeguarding national sovereignty, independence, territorial integrity and national dignity... and in resisting unilateralism and hegemonism", Xi was quoted as saying by CCTV. WATCH | Iran-China Ties: Iranian President Ebrahim Raisi begins three day visit to China Beijing also "opposes external forces interfering in Iran's internal affairs and undermining Iran's security and stability", and will continue to "promote the early and proper resolution of the Iranian nuclear issue", stated the Chinese leader. "No matter how the international and regional situation changes, China will unswervingly develop friendly cooperation with Iran", President Xi said. As per CCTV, both nations signed various documents of bilateral co-operation in the fields of environmental protection, disaster relief, agriculture, trade, tourism, health, culture and sport. (With inputs from agencies) You can now write for wionews.com and be a part of the community. Share your stories and opinions with us here. WATCH WION LIVE HERE

China's Xi meets Raisi, calls for Iran nuclear issue's early resolution

After dystopic scenes were reported in the last two months of 2022 due to the COVID-19 pandemic in China, the situation has considerably improved. Despite a busy festival season that included the Chinese New Year travel rush, cases in the country have not witnessed a major uptick.&nbsp;

China's Centre for Disease Control and Prevention (CDC) suggested&nbsp;the number of infections peaked in mid-December last year and since have plateaued.&nbsp;

"There has not been an obvious rebound in Covid cases during the Lunar New Year holidays," said CDC.&nbsp;

The data showed that 6.94 million daily cases were reported on December 22 which had plunged to 30,000 on January 30.&nbsp;

The number of people hospitalised also reached a peak of 1.6 million in January, which has now trickled down to 144,000 as of January 30 figures.&nbsp;

<a href="https://www.wionews.com/world/about-900-million-in-china-infected-with-covid-chinese-university-study-552374">Read more:&nbsp;About 900 million in China infected with Covid: Chinese university study</a>

Xi Jinping and his government&nbsp;was long advised by countries across to give up on the draconian 'zero-Covid' policy. However, an adamant Jinping stuck to the policy which backfired promptly.&nbsp;

An unprecedented number of cases were reported across the country as overflowing hospitals could not contain the spread. Ordinary people were forced to live in attritional conditions as the situation turned pear-shaped.&nbsp;

After much criticism, Jinping finally caved in and on December 7, the zero-Covid policy was abruptly abandoned.&nbsp;

<a href="https://www.wionews.com/videos/gravitas-chinas-bogus-vaccines-how-china-fooled-the-world-543838">Gravitas: China's bogus vaccines: How China fooled the world</a>

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Since then,&nbsp;no new variant of Covid has emerged - suggesting that herd immunity had&nbsp;been achieved to some extent.&nbsp;

A new study conducted by Chinese researchers analysing 413 samples showed that there is no evidence that 'novel variants' have emerged.&nbsp;

BF.7 and BA5.2, Omicron subvariants remain the dominant variants, accounting for more than 90 per cent of the cases.&nbsp;

"Our analysis suggests two known Omicron sub-variants,&nbsp;rather than any new variants have chiefly been responsible for the current surge in Beijing, and likely China as a whole," said one of the lead authors of the study.&nbsp;

After the cases started to grow in China, fears were cast that another bout of the pandemic was around the corner. Several countries imposed fresh travel restrictions citing a lack of transparency from the Chinese authorities.&nbsp;

However, the dip in numbers and absence of any notable variant is expected to simmer down the apprehensions.&nbsp;

(With inputs from agencies)

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After dystopic scenes were reported in the last two months of 2022 due to the COVID-19 pandemic in China, the situation has considerably improved. Despite a busy festival season that included the Chinese New Year travel rush, cases in the country have not witnessed a major uptick.

After dystopic scenes were reported in the last two months of 2022 due to the COVID-19 pandemic in China, the situation has considerably improved. Despite a busy festival season that included the Chinese New Year travel rush, cases in the country have not witnessed a major uptick. China's Centre for Disease Control and Prevention (CDC) suggested the number of infections peaked in mid-December last year and since have plateaued. "There has not been an obvious rebound in Covid cases during the Lunar New Year holidays," said CDC. The data showed that 6.94 million daily cases were reported on December 22 which had plunged to 30,000 on January 30. The number of people hospitalised also reached a peak of 1.6 million in January, which has now trickled down to 144,000 as of January 30 figures. Read more: About 900 million in China infected with Covid: Chinese university study Xi Jinping and his government was long advised by countries across to give up on the draconian 'zero-Covid' policy. However, an adamant Jinping stuck to the policy which backfired promptly. An unprecedented number of cases were reported across the country as overflowing hospitals could not contain the spread. Ordinary people were forced to live in attritional conditions as the situation turned pear-shaped. After much criticism, Jinping finally caved in and on December 7, the zero-Covid policy was abruptly abandoned. Gravitas: China's bogus vaccines: How China fooled the world Since then, no new variant of Covid has emerged - suggesting that herd immunity had been achieved to some extent. A new study conducted by Chinese researchers analysing 413 samples showed that there is no evidence that 'novel variants' have emerged. BF.7 and BA5.2, Omicron subvariants remain the dominant variants, accounting for more than 90 per cent of the cases. "Our analysis suggests two known Omicron sub-variants, rather than any new variants have chiefly been responsible for the current surge in Beijing, and likely China as a whole," said one of the lead authors of the study. After the cases started to grow in China, fears were cast that another bout of the pandemic was around the corner. Several countries imposed fresh travel restrictions citing a lack of transparency from the Chinese authorities. However, the dip in numbers and absence of any notable variant is expected to simmer down the apprehensions. (With inputs from agencies) WATCH WION LIVE HERE:

After China abandons 'zero-Covid' policy, cases drop, new variants stop emerging

Provincial governments in China are at risk of default and might struggle to provide even basic services in the months to come as authorities struggle to pay off the interest on 123 trillion yuan ($18 trillion) loan, reports CNN.&nbsp;Strict pandemic controls and real estate crash have drained the coffers of local governments, who have spent their budgets on enforcing frequent Covid lockdowns, mass testing, and setting up quarantine centres before&nbsp;the abrupt end of Xi Jinping’s zero-Covid policy in December.&nbsp;

According to analysts, of the $18 trillion debt, nearly $10 trillion is so-called “hidden debt” owed by local government financing platforms that are backed by cities or provinces.&nbsp;

Amidst the mounting financial pressure, local governments have reportedly been cutting wages and transpiration services, and slashing fuel subsidies in the middle of a harsh winter.&nbsp;

<h1>China: Beijing says city has achieved 'temporary herd immunity'</h1>

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According to Chinese media reports, thousands of people in northern Hebei province struggled to get natural gas to heat up their homes in November and December.&nbsp;

State newspaper Jiemian reported that government subsidy cuts were partly responsible for the shortage.&nbsp;

In January, households in Hegang city in northernmost Heilongjiang province were also&nbsp;left without heat&nbsp;after local firms cut supply. The companies blamed lack of government subsidies for their move.&nbsp;

Apart from that, the provincial governments have been struggling to rake up revenue as staggered lockdowns put a dent on household incomes, leading many to reduce spending, which in turn resulted in less tax revenue.&nbsp;

Huge tax reliefs to support businesses through the pandemic also reduced government income.&nbsp;

Adding fuel to the fire is the real estate market contraction as prices of homes have been falling for 16 consecutive months.&nbsp;

According to reports, land sales, which contribute around 40 per cent of revenue for local governments, have collapsed.&nbsp;&nbsp;

China’s economy is facing massive headwinds, and as a result, its GDP grew only 3 per cent last, the second worst in 46 years.&nbsp;

In a bid to shore revenues for the local governments, Beijing had encouraged&nbsp;them to borrow more money to fund infrastructure projects to boost growth. &nbsp;

In December, an infrastructure push&nbsp;helped boost economic activity, leading to signs of growth stabilisation.&nbsp;

In January,&nbsp;Bloomberg&nbsp;reported that Chinese authorities were considering a record quota for special local government bonds this year.&nbsp;

(With inputs from agencies)&nbsp;

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Provincial governments in China are at risk of default and might struggle to provide even basic services in the months to come as authorities struggle to pay off the interest on 123 trillion yuan ($18 trillion) loan, reports CNN.

Provincial governments in China are at risk of default and might struggle to provide even basic services in the months to come as authorities struggle to pay off the interest on 123 trillion yuan ($18 trillion) loan, reports CNN. Strict pandemic controls and real estate crash have drained the coffers of local governments, who have spent their budgets on enforcing frequent Covid lockdowns, mass testing, and setting up quarantine centres before the abrupt end of Xi Jinping’s zero-Covid policy in December. According to analysts, of the $18 trillion debt, nearly $10 trillion is so-called “hidden debt” owed by local government financing platforms that are backed by cities or provinces. Amidst the mounting financial pressure, local governments have reportedly been cutting wages and transpiration services, and slashing fuel subsidies in the middle of a harsh winter. China: Beijing says city has achieved 'temporary herd immunity' According to Chinese media reports, thousands of people in northern Hebei province struggled to get natural gas to heat up their homes in November and December. State newspaper Jiemian reported that government subsidy cuts were partly responsible for the shortage. In January, households in Hegang city in northernmost Heilongjiang province were also left without heat after local firms cut supply. The companies blamed lack of government subsidies for their move. Apart from that, the provincial governments have been struggling to rake up revenue as staggered lockdowns put a dent on household incomes, leading many to reduce spending, which in turn resulted in less tax revenue. Huge tax reliefs to support businesses through the pandemic also reduced government income. Adding fuel to the fire is the real estate market contraction as prices of homes have been falling for 16 consecutive months. According to reports, land sales, which contribute around 40 per cent of revenue for local governments, have collapsed. China’s economy is facing massive headwinds, and as a result, its GDP grew only 3 per cent last, the second worst in 46 years. In a bid to shore revenues for the local governments, Beijing had encouraged them to borrow more money to fund infrastructure projects to boost growth. In December, an infrastructure push helped boost economic activity, leading to signs of growth stabilisation. In January, Bloomberg reported that Chinese authorities were considering a record quota for special local government bonds this year. (With inputs from agencies) WATCH WION LIVE HERE:

China’s local governments struggle to pay interest on mounting loan  

Former US secretary of state Mike Pompeo has described Chinese President Xi Jinping as the “most unpleasant” among the dozens of world leaders he met during his tenure.

In his book titled 'Never Give an Inch: Fighting for the America I Love, Pompeo found the Chinese leader to be "dour" and a "quintessential Communist apparatchik" after he claimed that Xi threatened to stop sending PPF kits to America if it kept asking for accountability from Beijing on COVID-19.

"Personally, I thought Xi was dour. While Putin can be funny and mirthful, even while being evil, Xi was not so serious as dead-eyed. I never once saw an unforced smile,” Pompeo wrote in the book.

“I also found Xi a quintessential Communist apparatchik: heavy in the abstract, light on the issues under discussion, and always eager to impose his views, even while he pretends to be listening to you. He fit the psychological profile of an East German or Soviet Communist I came to study during my Army days,” he notes.

Pompeo claimed that Xi spoke in "hollow tones" and was always searching for words, phrases, and archaic Chinese proverbs of “questionable clarity”.

"My China policy advisor at the State Department, Miles Yu, later told me that CCP leaders in general, and General Secretary Xi in particular, deploy overwrought erudition to play gullible American leaders,” he said.

“Of the dozens of world leaders I met, he was among the most unpleasant. How's that for telling the hard truth? Having now seen the regime personified at the highest level, I was gripped by just how different its leaders were from the Chinese people,” Pompeo said.

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Former US secretary of state Mike Pompeo has described Chinese President Xi Jinping as the “most unpleasant” among the dozens of world leaders he met during his tenure.

Former US secretary of state Mike Pompeo has described Chinese President Xi Jinping as the “most unpleasant” among the dozens of world leaders he met during his tenure. In his book titled 'Never Give an Inch: Fighting for the America I Love, Pompeo found the Chinese leader to be "dour" and a "quintessential Communist apparatchik" after he claimed that Xi threatened to stop sending PPF kits to America if it kept asking for accountability from Beijing on COVID-19. "Personally, I thought Xi was dour. While Putin can be funny and mirthful, even while being evil, Xi was not so serious as dead-eyed. I never once saw an unforced smile,” Pompeo wrote in the book. “I also found Xi a quintessential Communist apparatchik: heavy in the abstract, light on the issues under discussion, and always eager to impose his views, even while he pretends to be listening to you. He fit the psychological profile of an East German or Soviet Communist I came to study during my Army days,” he notes. Pompeo claimed that Xi spoke in "hollow tones" and was always searching for words, phrases, and archaic Chinese proverbs of “questionable clarity”. "My China policy advisor at the State Department, Miles Yu, later told me that CCP leaders in general, and General Secretary Xi in particular, deploy overwrought erudition to play gullible American leaders,” he said. “Of the dozens of world leaders I met, he was among the most unpleasant. How's that for telling the hard truth? Having now seen the regime personified at the highest level, I was gripped by just how different its leaders were from the Chinese people,” Pompeo said. WATCH WION LIVE HERE:

Chinese President Xi Jinping ‘most unpleasant’ I have ever met: Pompeo

Chinese President Xi Jinping recently held a rare video conversation with the People’s Liberation Army (PLA) troops stationed on the Indian border near Eastern Ladakh and inspected their combat readiness.&nbsp;According to local state media, the event took place on January 18. The Chinese leader was at the PLA headquarters when he addressed the troops on the border defence situation in Khunjerab under the Xinjiang Military Command.

The Xinjiang military command troops are involved in managing border areas along Eastern Ladakh, which has seen tensions since April 2020 after the PLA carried out multiple transgressions.

In his address, Xi, who is also general secretary of the ruling Communist Party of China and the commander-in-chief of the PLA, spoke about how “in recent years, the area has been constantly changing” and how it had impacted the Chinese army, according to the video shown in the official media.

One of the soldiers replied that they were now carrying out “dynamic” and “24-hour” monitoring of the border. Xi then asked about their conditions and whether they were able to “receive fresh vegetables” in the inhospitable terrain.

According to the state media, Xi asked the border troops “about their border patrol and management work” and “hailed the soldiers as models of border defence and encouraged them to persist in their efforts and make new contributions.”

Eastern Ladakh has been one of the flashpoints of recent India-China tensions that erupted following the violent clash in the Pangong lake area.

So far, 17 rounds of high-level military talks have been held between the two countries and yet no significant breakthrough has been achieved in resolving the border issue.

India has repeatedly taken a tough stand, asserting that border instability and trade can’t go hand-in-hand, and has taken various measures to limit India’s reliability on Chinese goods.

(With inputs from agencies)

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Chinese President Xi Jinping recently held a rare video conversation with the People’s Liberation Army (PLA) troops stationed on the Indian border near Eastern Ladakh and inspected their combat readiness.

Chinese President Xi Jinping recently held a rare video conversation with the People’s Liberation Army (PLA) troops stationed on the Indian border near Eastern Ladakh and inspected their combat readiness. According to local state media, the event took place on January 18. The Chinese leader was at the PLA headquarters when he addressed the troops on the border defence situation in Khunjerab under the Xinjiang Military Command. The Xinjiang military command troops are involved in managing border areas along Eastern Ladakh, which has seen tensions since April 2020 after the PLA carried out multiple transgressions. In his address, Xi, who is also general secretary of the ruling Communist Party of China and the commander-in-chief of the PLA, spoke about how “in recent years, the area has been constantly changing” and how it had impacted the Chinese army, according to the video shown in the official media. One of the soldiers replied that they were now carrying out “dynamic” and “24-hour” monitoring of the border. Xi then asked about their conditions and whether they were able to “receive fresh vegetables” in the inhospitable terrain. According to the state media, Xi asked the border troops “about their border patrol and management work” and “hailed the soldiers as models of border defence and encouraged them to persist in their efforts and make new contributions.” Eastern Ladakh has been one of the flashpoints of recent India-China tensions that erupted following the violent clash in the Pangong lake area. So far, 17 rounds of high-level military talks have been held between the two countries and yet no significant breakthrough has been achieved in resolving the border issue. India has repeatedly taken a tough stand, asserting that border instability and trade can’t go hand-in-hand, and has taken various measures to limit India’s reliability on Chinese goods. (With inputs from agencies) WATCH WION LIVE HERE:

Xi Jinping addresses PLA troops stationed along India-China border

China's Xi Jinping went to the India-China border, where he interacted with the Chinese soldiers who are posted in the Eastern Ladakh via video conferencing. He inspected their combat readiness and also inquired about their living condition in the inhospitable terrain.

China: President Xi inspects troops' combat readiness, encourages them to make new contributions

China: Xi Jinping speaks to troops along India-China border, asks them about living conditions

Xi Jinping has made a rare admission that the outbreak of Wuhan Virus in China is 'violent & quick'. He has also admitted that e's worried about the situation in rural China. Molly Gambhir reports.

Gravitas: 'The outbreak is violent' says Xi Jinping

Chinese billionaire Hui Ka Yan's wealth has diminished to $3 billion from $42 billion in 2017-2018, Bloomberg Billionaire Index showed. The chairman of the China Evergrande Group, once the second richest person in Asia, was known to be the bridge between the Chinese elite's world of business and the country’s political power centres.

The Bloomberg Billionaire Index further showed that China’s five richest property tycoons lost about $65 billion combined in the past two years.&nbsp;

Hui Ka Yan’s lost fortune has been attributed to China’s credit crunch that made the country's real estate business the biggest casualty amid the crisis stoked by COVID-19 pandemic and Beijing’s authoritarian restrictions that choked growth of businesses in the country.

ALSO READ |&nbsp;<a href="https://www.wionews.com/world/china-evergrande-chairman-yans-hong-kong-mansion-seized-by-ccb-over-dues-530971">China: Evergrande chairman Hui Ka Yan's Hong Kong mansion seized by CCB over dues</a>

In Evergrande group, Hui Ka Yan currently helms over one of China’s biggest and most indebted real estate developers. The company has over 800 projects in more than 280 cities in China and beyond but is struggling to repay $300 billion in liabilities.

Hui Ka Yan’s lost fortune: Ditched by the Communist Party elite?

Since 2008, Hui had been part of the Chinese People’s Political Consultative Conference (CPPCC) – the upper house of Chinese Communist Party’s Politburo – consisting of a 300-member elite group with government officials and business tycoons as its members.&nbsp;

ALSO WATCH |&nbsp;<a href="https://www.wionews.com/videos/wion-business-news-chinas-evergrande-loses-770-million-in-hong-kong-deal-531789">WION Business News | China's Evergrande loses $770 million in Hong Kong deal</a>

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CPPCC acts as an advisory body to the National People’s Congress (the legislature) in Beijing. But unlike the upper houses of traditional democracies (such as India's Rajya Sabha) they are known to function as nominal bodies, rarely turning down government bills. CPPCC’s annual convention, however, provides a small but confined space for debate within Beijing’s power centres. The group dwells upon everything from political and social issues to new laws and the nation’s growth.

Hui Ka Yan excluded from CPPCC&nbsp;

Hui was told to not attend CPPCC annual convention in March 2022.&nbsp;He has now been excluded from the latest list of the individuals who will form the CPPCC for the next five years. At least five other prominent real estate industrialists were excluded from the CPPCC listing, Bloomberg reported.&nbsp;

The new CPPCC members will meet in Beijing in March for the group’s 14th National Committee.&nbsp;

President Xi Jinping’s “common prosperity” drive to redistribute wealth has led to cracks in several industries. For the real estate sector, the imposition of a strict “three red lines” policy to reduce debt has furthered a crisis that’s affecting banks, trust firms and millions of homeowners.

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Chinese billionaire Hui Ka Yan's wealth has diminished to $3 billion from $42 billion in 2017-2018, Bloomberg Billionaire Index showed. The chairman of the China Evergrande Group, once the second richest person in Asia, was known to be the bridge between the Chinese elite's world of business and the country’s political power centres.

Chinese billionaire Hui Ka Yan's wealth has diminished to $3 billion from $42 billion in 2017-2018, Bloomberg Billionaire Index showed. The chairman of the China Evergrande Group, once the second richest person in Asia, was known to be the bridge between the Chinese elite's world of business and the country’s political power centres. The Bloomberg Billionaire Index further showed that China’s five richest property tycoons lost about $65 billion combined in the past two years. Hui Ka Yan’s lost fortune has been attributed to China’s credit crunch that made the country's real estate business the biggest casualty amid the crisis stoked by COVID-19 pandemic and Beijing’s authoritarian restrictions that choked growth of businesses in the country. ALSO READ | China: Evergrande chairman Hui Ka Yan's Hong Kong mansion seized by CCB over dues In Evergrande group, Hui Ka Yan currently helms over one of China’s biggest and most indebted real estate developers. The company has over 800 projects in more than 280 cities in China and beyond but is struggling to repay $300 billion in liabilities. Hui Ka Yan’s lost fortune: Ditched by the Communist Party elite? Since 2008, Hui had been part of the Chinese People’s Political Consultative Conference (CPPCC) – the upper house of Chinese Communist Party’s Politburo – consisting of a 300-member elite group with government officials and business tycoons as its members. ALSO WATCH | WION Business News | China's Evergrande loses $770 million in Hong Kong deal × CPPCC acts as an advisory body to the National People’s Congress (the legislature) in Beijing. But unlike the upper houses of traditional democracies (such as India's Rajya Sabha) they are known to function as nominal bodies, rarely turning down government bills. CPPCC’s annual convention, however, provides a small but confined space for debate within Beijing’s power centres. The group dwells upon everything from political and social issues to new laws and the nation’s growth. Hui Ka Yan excluded from CPPCC Hui was told to not attend CPPCC annual convention in March 2022. He has now been excluded from the latest list of the individuals who will form the CPPCC for the next five years. At least five other prominent real estate industrialists were excluded from the CPPCC listing, Bloomberg reported. The new CPPCC members will meet in Beijing in March for the group’s 14th National Committee. President Xi Jinping’s “common prosperity” drive to redistribute wealth has led to cracks in several industries. For the real estate sector, the imposition of a strict “three red lines” policy to reduce debt has furthered a crisis that’s affecting banks, trust firms and millions of homeowners. WATCH WION LIVE HERE You can now write for wionews.com and be a part of the community. Share your stories and opinions with us here.

Ditched by Communist Party, Chinese billionaire loses 93 per cent of his fortune

In recent days, it's been widely reported that China is struggling to contain its latest Covid-19 outbreak. In the latest, Chinese President Xi Jinping has also considered the same, as per state media reports, Xi said China's Covid-19 announcement control is still going through a time of stress. Nonetheless, he added that there is light ahead.

China: Covid containment still under stress but there is light ahead, says Xi Jinping

China's elderly are paying the price of Xi Jinping's disastrous Wuhan virus policies. As China runs out of medicines, oxygen, China's helpless senior citizens are committing suicide to escape the Wuhan Virus crisis. Molly Gambhir tells you.

Gravitas: Why are China's elderly committing suicide?

Chinese President Xi Jinping on Saturday (December 31) addressed the nation and talked about the current coronavirus (COVID-19) situation in the country. In his New Year's eve address, Xi said that the "light of hope is right in front of us".&nbsp;China, where the first Covid case was reported in December 2019, is facing a tough situation with an explosion of positive cases after an abrupt lifting of long protracted restrictions.

In a televised address,&nbsp;Xi said, "Epidemic prevention and control is entering a new phase... Everyone is working resolutely, and the light of hope is right in front of us."&nbsp;

"At present, epidemic prevention and control is entering a new phase, it is still a time of struggle, everyone is persevering and working hard, and the dawn is ahead. Let's work harder, persistence means victory, and unity means victory," Xi added.&nbsp;

The Chinese president also called for more effort and unity among people as the country has changed its approach to tackling the Covid pandemic. Xi has also commented a couple of times since his government relaxed its strict zero-Covid policy regarding lockdowns and mass testing three weeks ago, but this is his first comment addressed to the public. On Monday, Xi called for measures to "effectively protect people's lives".&nbsp;

Meanwhile, World Health Organisation chief Tedros Adhanom Ghebreyesus said that the precautionary measures taken by several countries are "understandable".&nbsp;

He said, "In the absence of comprehensive information from China, it is understandable that countries around the world are acting in ways that they believe may protect their populations."&nbsp;

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Chinese President Xi Jinping on Saturday (December 31) addressed the nation and talked about the current coronavirus (COVID-19) situation in the country. In his New Year's eve address, Xi said that the "light of hope is right in front of us".

Chinese President Xi Jinping on Saturday (December 31) addressed the nation and talked about the current coronavirus (COVID-19) situation in the country. In his New Year's eve address, Xi said that the "light of hope is right in front of us". China, where the first Covid case was reported in December 2019, is facing a tough situation with an explosion of positive cases after an abrupt lifting of long protracted restrictions. In a televised address, Xi said, "Epidemic prevention and control is entering a new phase... Everyone is working resolutely, and the light of hope is right in front of us." "At present, epidemic prevention and control is entering a new phase, it is still a time of struggle, everyone is persevering and working hard, and the dawn is ahead. Let's work harder, persistence means victory, and unity means victory," Xi added. The Chinese president also called for more effort and unity among people as the country has changed its approach to tackling the Covid pandemic. Xi has also commented a couple of times since his government relaxed its strict zero-Covid policy regarding lockdowns and mass testing three weeks ago, but this is his first comment addressed to the public. On Monday, Xi called for measures to "effectively protect people's lives". Meanwhile, World Health Organisation chief Tedros Adhanom Ghebreyesus said that the precautionary measures taken by several countries are "understandable". He said, "In the absence of comprehensive information from China, it is understandable that countries around the world are acting in ways that they believe may protect their populations." WATCH WION LIVE HERE You can now write for wionews.com and be a part of the community. Share your stories and opinions with us here.

'Light of hope in front of us': Xi Jinping calls for more efforts, unity to tackle Covid in 2023

Chinese President Xi Jinping said on Friday (December 30) that the coronavirus strategy in the nation was "optimised" to protect the lives of citizens and minimise economic costs of the pandemic. China is currently reeling amid a sudden surge in positive Covid cases, with reports of multiple outbreaks across the country.&nbsp;

Xi's recent remarks are an extension of what he said earlier this week regarding the current Covid situation in China. While speaking for the first time on the recent rise in cases, the Chinese president had urged the authorities to take steps to "protect" lives.&nbsp;

Xinhua News Agency reported on Friday (December 30) that while listing his achievements of 2022, Xi said at an event, "We have optimised Covid control strategy based on time and situation in order to best protect people's lives and health, and minimise the impact on economic and social development."&nbsp;

In the report, Xi used terms like "Covid control strategy," instead of Covid zero policy. Earlier this month, China eased some of the hardline measures which led to a fresh wave of Covid cases.&nbsp;

To curb the spread of Covid virus, China had adopted a strict zero-Covid policy, and to some extent, the authorities were successful too. But the repercussions of lockdowns and restricted trade were massive on the nation's economy.&nbsp;

After a visible impact on the economy and public outrage after the deadly apartment fire in the country's far west, the authorities started relaxing some of the measures following protests.&nbsp;

But the Covid situation in China is continuing to worsen. Also, it is slightly difficult to get updates as the Chinese authorities informed that they have stopped publishing daily Covid figures.&nbsp;

As per the National Health Commission, the decision came into effect on December 25. The drastic step has baffled the experts as the NHC released Covid data for the last three years. But as per studies, around one million people could die over the next few months in China.&nbsp;

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Chinese President Xi Jinping said on Friday (December 30) that the coronavirus strategy in the nation was "optimised" to protect the lives of citizens and minimise economic costs of the pandemic.

Chinese President Xi Jinping said on Friday (December 30) that the coronavirus strategy in the nation was "optimised" to protect the lives of citizens and minimise economic costs of the pandemic. China is currently reeling amid a sudden surge in positive Covid cases, with reports of multiple outbreaks across the country. Xi's recent remarks are an extension of what he said earlier this week regarding the current Covid situation in China. While speaking for the first time on the recent rise in cases, the Chinese president had urged the authorities to take steps to "protect" lives. Xinhua News Agency reported on Friday (December 30) that while listing his achievements of 2022, Xi said at an event, "We have optimised Covid control strategy based on time and situation in order to best protect people's lives and health, and minimise the impact on economic and social development." In the report, Xi used terms like "Covid control strategy," instead of Covid zero policy. Earlier this month, China eased some of the hardline measures which led to a fresh wave of Covid cases. To curb the spread of Covid virus, China had adopted a strict zero-Covid policy, and to some extent, the authorities were successful too. But the repercussions of lockdowns and restricted trade were massive on the nation's economy. After a visible impact on the economy and public outrage after the deadly apartment fire in the country's far west, the authorities started relaxing some of the measures following protests. But the Covid situation in China is continuing to worsen. Also, it is slightly difficult to get updates as the Chinese authorities informed that they have stopped publishing daily Covid figures. As per the National Health Commission, the decision came into effect on December 25. The drastic step has baffled the experts as the NHC released Covid data for the last three years. But as per studies, around one million people could die over the next few months in China. WATCH WION LIVE HERE You can now write for wionews.com and be a part of the community. Share your stories and opinions with us here.

China optimised ‘Covid control strategy’ to protect lives, minimise economic costs, says Xi Jinping

Russian President Vladimir Putin said on Friday he was expecting Chinese President Xi Jinping to make a state visit to Russia in spring 2023 during video call meet.

Russian President Putin holds talks with Chinese counterpart Xi Jinping via video call

2022: The Great Fall of China Covid-19 makes a comeback Failed Zero-COVID policy Unprecedented 'white paper' protests China-Taiwan tensions Massive economic slump How did it all go so wrong for Xi Jinping? Watch WION Wideangle at 8:30 PM IST

WION Wideangle | 2022: The great fall of China

Chinese President Xi Jinping's trusted aide Qin Gang has been appointed as the new foreign minister, reported state radio on Friday.&nbsp;56-year-old Qin, who is currently China's ambassador to the United States, will take the place of Wang Yi, who has been the country's foreign minister in the past decade.

Wang Yi, aged 69, got promoted in the Chinese Communist Party's politburo in October and will be playing a bigger role in the country's foreign policy.

ALSO READ|&nbsp;<a href="https://www.wionews.com/world/beijing-slams-covid-curbs-on-chinese-travellers-as-discriminatory-547901">Beijing slams Covid curbs on Chinese travellers as 'discriminatory'</a>

Qin, who has been a rising star in China's foreign ministry, has held various positions in the past which include the position of the spokesperson of the ministry and positions in the Chinese embassy in Britain.

He served as chief protocol officer Xi between 2014 and 2018.

After his appointment as the foreign minister, Qin will come back to Beijing from Washington after serving as China's 11th ambassador to the United States for 17 months.

This week, an essay was published in the National Interest, an American bi-monthly magazine, in which Qin talked about the position of China on foreign policy and said that the relations between the US and China were not a zero-sum game.

WATCH| Gravitas: China sends infected flights to Milan, half of the passengers test positive

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Qin's appointment comes in the wake of countries imposing mandatory testing for people coming from China. Reacting to the imposition of test requirements in various countries, Chinese state media had earlier said that such steps were "discriminatory".&nbsp;

(With inputs from agencies)

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Chinese President Xi Jinping's trusted aide Qin Gang has been appointed as the new foreign minister, reported state radio on Friday. 56-year-old Qin, who is currently China's ambassador to the United States, will take the place of Wang Yi, who has been the country's foreign minister in the past decade.

Chinese President Xi Jinping's trusted aide Qin Gang has been appointed as the new foreign minister, reported state radio on Friday. 56-year-old Qin, who is currently China's ambassador to the United States, will take the place of Wang Yi, who has been the country's foreign minister in the past decade. Wang Yi, aged 69, got promoted in the Chinese Communist Party's politburo in October and will be playing a bigger role in the country's foreign policy. ALSO READ| Beijing slams Covid curbs on Chinese travellers as 'discriminatory' Qin, who has been a rising star in China's foreign ministry, has held various positions in the past which include the position of the spokesperson of the ministry and positions in the Chinese embassy in Britain. He served as chief protocol officer Xi between 2014 and 2018. After his appointment as the foreign minister, Qin will come back to Beijing from Washington after serving as China's 11th ambassador to the United States for 17 months. This week, an essay was published in the National Interest, an American bi-monthly magazine, in which Qin talked about the position of China on foreign policy and said that the relations between the US and China were not a zero-sum game. WATCH| Gravitas: China sends infected flights to Milan, half of the passengers test positive Qin's appointment comes in the wake of countries imposing mandatory testing for people coming from China. Reacting to the imposition of test requirements in various countries, Chinese state media had earlier said that such steps were "discriminatory". (With inputs from agencies)

Xi Jinping appoints his trusted aide Qin Gang as China's new foreign minister

'Crusade against corruption' tops the agenda of Chinese President Xi Jinping. The anti-corruption campaign has already caught 4.7 million officials in the country. The Communist party says that it will continue.

China's crackdown on corruption,10 Chinese counties under lens

Russian President Vladimir Putin will hold talks with his Chinese counterpart Xi Jinping by video link on Friday, the Kremlin announced. Putin has been looking to strengthen his partnership with Xi over multiple issues like the war in Ukraine as well as trade relations between the two countries.

"It will be very important to exchange views on the most acute regional problems, which are both those that are closer to us, to Russia, and those that are closer to China," Kremlin spokesman Dmitry Peskov told reporters on Thursday when asked about the upcoming talk between the two leaders.

Also read |&nbsp;<a href="https://www.wionews.com/world/around-40-per-cent-of-kyiv-population-left-without-power-after-russian-strikes-547670">Around 40 per cent of Kyiv population left without power after Russian strikes</a>

"In the spirit of a real strategic partnership, our leaders will discuss these problems," Peskov added.

Since the beginning of the crisis in Ukraine, the United States and the European Union has imposed tough sanctions on Russia. While the Kremlin decided to stop oil and gas supply to Europe, China has emerged as a major importer of Russian oil. The trade between the two countries has gone up quite a bit in the recent times and China has even decided to not criticise Russia on the global stage.

WATCH |&nbsp;Rescuers clear up debris after Russian missiles target Kyiv

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Earlier this month, Russia and China conducted joint naval drill in response to the "aggressive posturing in the Asia-Pacific region” by the United States military. Both countries have routinely criticised the US for “interfering” in the politics of the region –when it comes to Ukraine and Taiwan.

In a bid to increase the oil exports to China, Putin inaugurated a gas field in eastern Siberia last week which will be able to meet the demands efficiently. On the other hand, the Kremlin has also decided that total oil production will go down by seven per cent following the oil price cap imposed by the EU.

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Russian President Vladimir Putin will hold talks with his Chinese counterpart Xi Jinping by video link on Friday, the Kremlin announced. Putin has been looking to strengthen his partnership with Xi over multiple issues like the war in Ukraine as well as trade relations between the two countries.

Russian President Vladimir Putin will hold talks with his Chinese counterpart Xi Jinping by video link on Friday, the Kremlin announced. Putin has been looking to strengthen his partnership with Xi over multiple issues like the war in Ukraine as well as trade relations between the two countries. "It will be very important to exchange views on the most acute regional problems, which are both those that are closer to us, to Russia, and those that are closer to China," Kremlin spokesman Dmitry Peskov told reporters on Thursday when asked about the upcoming talk between the two leaders. Also read | Around 40 per cent of Kyiv population left without power after Russian strikes "In the spirit of a real strategic partnership, our leaders will discuss these problems," Peskov added. Since the beginning of the crisis in Ukraine, the United States and the European Union has imposed tough sanctions on Russia. While the Kremlin decided to stop oil and gas supply to Europe, China has emerged as a major importer of Russian oil. The trade between the two countries has gone up quite a bit in the recent times and China has even decided to not criticise Russia on the global stage. WATCH | Rescuers clear up debris after Russian missiles target Kyiv Earlier this month, Russia and China conducted joint naval drill in response to the "aggressive posturing in the Asia-Pacific region” by the United States military. Both countries have routinely criticised the US for “interfering” in the politics of the region –when it comes to Ukraine and Taiwan. In a bid to increase the oil exports to China, Putin inaugurated a gas field in eastern Siberia last week which will be able to meet the demands efficiently. On the other hand, the Kremlin has also decided that total oil production will go down by seven per cent following the oil price cap imposed by the EU.

Putin and Xi to speak on multiple issues over video link on Friday, says Kremlin

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