The Chinese government has rebuffed bold consumption stimulus policy. But boosting domestic household spending is precisely ...

President Xi Jinping and other top leaders visited or deputed others to visit 130 ex-officials ahead of annual holiday, ...

Those honoured in this way included Hu Jintao, president of China from 2003 to 2013, and ex-premier Zhu Rongji, who spearheaded groundbreaking economic policy in the 1990s. Li Ruihuan, former ...

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The central bank's pledge to increase reserve holdings of the Hong Kong dollar shows a commitment to the city's financial hub status China's central bank chief Pan Gongsheng promised to park more of ...

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Zhu Jiusheng, the CEO of China Vanke, was taken into custody by public security authorities on Wednesday, according to a report from state media outlet The Economic Observer. The unexpected ...

Copyright 2025 The Associated Press. All Rights Reserved. Zhu Yong, right, tries to shield himself from photographers as he leaves federal court, May 31, 2023, in the ...

In the late 1990s, when China suffered from overproduction and deflation, then-Premier Zhu Rongji forced weak state-owned enterprises to close or merge, resulting in massive job cuts but also ...

So if state-owned enterprises are downsized today, the challenge of reabsorbing them in the urban work force would be a small fraction of what it was under President Jiang Zemin and Premier Zhu Rongji ...