Published March 31, 2024
An article by Xi Jinping, general secretary of the Communist Party of China Central Committee, on putting the people first will be published on Monday.
The article by Xi, also Chinese president and chairman of the Central Military Commission, will be published in this year’s seventh issue of the Qiushi Journal, a flagship magazine of the CPC Central Committee.
It is a collection of excerpts from Xi’s relevant discourses between November 2012 and December 2023.
The article stresses that the people are the creators of history and true heroes, highlighting the original aspiration and mission of Chinese Communists to pursue happiness for the Chinese people and rejuvenation for the Chinese nation.
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SOURCE: www.shine.cn
RELATED: China’s central bank keeps ‘cautious’ in bond trade despite Xi Jinping’s mandate
- Though President Xi Jinping has instructed China’s central bank to buy and sell government bonds, the institution is likely to be modest in doing so
- Analysts say bank wants to avoid large-scale intrusion into bond markets, prevent perceptions of quantitative easing or heavy-handedness
Published March 30, 2024
Despite instructions from President Xi Jinping to resume the trading of central government bonds, China’s central bank is expected to take a cautious approach to mitigate unexpected consequences for inflation and the exchange rate, analysts said.
The instruction, only made public earlier this week with the release of a new book, fuelled feverish speculation over an aggressive easing of monetary policy.
