Xi Jinping, on a visit to southwest China last week, where he went to see how poverty reduction plans were progressing. Photo: Xinhua

Xi Jinping tells Chinese officials to ‘finish the journey’ and shifts focus back to fight against poverty

  • China’s president urges officials to redouble efforts to meet next year’s targets for tackling poverty and pollution
  • Last year emphasis shifted to keeping the economy on track, but latest comments suggest major policy drives have returned to centre stage
Topic |   China economy

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Xi Jinping, on a visit to southwest China last week, where he went to see how poverty reduction plans were progressing. Photo: Xinhua
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Chinese companies have directly invested more than US$90 billion in countries included in the belt and road plan between 2013 to 2018, according to official data. Photo: Reuters

China’s belt and road may accelerate exit of manufacturing to Vietnam and India, researchers warn

  • The Belt and Road Initiative is China’s plan to grow global trade, but coupled with the US-China trade war, it could add pressure to its sluggish economy and debt pile
  • Foreign direct investment in Vietnam’s manufacturing sector, driven by electronics manufacturing, has risen to 11 per cent a year over the past five years
Topic |   China economy

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Chinese companies have directly invested more than US$90 billion in countries included in the belt and road plan between 2013 to 2018, according to official data. Photo: Reuters
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