Connect with us

News

Xi Jinping to Strengthen His Hold on Power in China

Published

on

Xi Jinping China

China’s National People’s Congress will convene on Sunday, bringing with it the biggest cabinet overhaul in a decade as Xi Jinping tightens his grip on power while dealing with a slew of issues ranging from an uneven post-COVID economic recovery to deteriorating US relations.

Almost 3,000 delegates will meet in the Great Hall of the People, west of Tiananmen Square, for the first National People’s Congress (NPC) of the post-zero-COVID period, though some procedures, such as testing and quarantine for journalists, will remain in place.

The NPC will rubber-stamp Xi’s new economic team after China’s most powerful leader since Mao Zedong secured a record-breaking third term and loaded the ruling Communist Party’s top ranks with friends during its twice-a-decade meeting in October.

It will also address Xi’s proposals for an “intense” and “wide-ranging” reorganization of state and Communist Party enterprises, according to official media, following a three-day meeting of the party’s central committee on Tuesday.

“It will almost certainly entail more incorporation of State Council ministries into the party under the name of the party’s comprehensive leadership,” Wen-Ti Sung, a political scientist at the Australian National University, predicted, with public health and national security likely to be areas of emphasis.

According to sources and analysts, the administration is likely to set a 2023 economic growth target of 5% to 6% to keep unemployment at bay, with measures targeted at increasing consumption and foreign investment, among other things, but little in the way of game-changing reforms.

china gdp

China’s GDP grew by only 3% last year, one of the slowest rates in over a half-century.

Loyalist Li Qiang, previously Shanghai party head, is set to become premier, in command of the world’s second-largest economy, with investors cautiously hopeful that his ties with Xi will allow him to usher in more business-friendly policies following an increasingly statist turn.

The NPC will install new faces at the top of major economic and regulatory entities, including the central bank, to replace a generation of reform-minded officials such as retiring Premier Li Keqiang and economic czar Liu He, a vice premier.

“The National People’s Congress will be a continuation of the 20th Party Congress and will firmly execute Party choices made then, including a focus on security,” said Alfred Wu, associate professor at the Lee Kuan Yew School of Public Affairs at the National University of Singapore.

The NPC convenes amid a difficult time for China and Xi, who abruptly abandoned his COVID strategy in December after three years, following widespread demonstrations unparalleled during his rule.

It comes amid a demographic shift that has seen the population shrink for the first time since 1961, urban employment fall for the first time in six decades, and per capita spending fall.

Worsening relations with the US, limiting China’s access to cutting-edge technologies, and a slowing global economy are additional challenges for Xi, who will be confirmed for a third term as president after abolishing constitutional term limits in 2018.

The 63-year-old Li Qiang, a veteran of provincial-level postings whose chances were unaffected by his management of last year’s catastrophic two-month Shanghai COVID lockdown, will be the People’s Republic’s first premier who has never served in the central administration.

“The beginning of his tenure could be bumpy as he tries to find his position in the State Council and grasp how to make it work for him,” said Trey McArver, co-founder of the research company Trivium China.

Ding Xuexiang, a former Xi assistant expected to become the top vice-premier, likewise lacks central-level management expertise.

The congress, which usually lasts one to two weeks, will begin with the outgoing Li giving a 2023 work report, which is expected to focus on boosting the economy harmed by three years of COVID controls and a property sector crisis.

“We will seek to stimulate growth and have policy tools to do so,” Xu Hongcai, deputy director of the economic policy commission at the state-backed China Association of Policy Science, told Reuters.

People Also Reading:

Looted Kandinsky Work Restored To Jewish Heirs Fetches $45M

Taiwan Says 25 Chinese Planes, 3 Ships Sent Toward Island

News

Donald Trump Talks About Taxes, Not Anger, In His First Interview With a Network TV Station.

Published

on

Donald Trump
Heather Khalifa/AP

(VOR News) – In his initial network interview following his election victory, President-elect Donald Trump underscored the importance of tariffs during his early days in office, minimising his previous emphasis on retaliation against purported foes.

Trump articulated his commitment to fulfilling his primary campaign promises, which encompassed pardoning the January 6 rioters, implementing substantial tax reductions, and deporting all individuals residing in the United States illegally, during an interview with Kristen Welker on NBC News’ Meet the Press.

Trump expressed his desire to pursue a legislative resolution for “Dreamers” to reside in the country legally and affirmed that he would not impose restrictions on access to abortion medications.

Dreamers are undocumented immigrants who received legal status as minors by executive order issued by former President Barack Obama.

In answer to an inquiry about targeting President Joe Biden after his inauguration on January 20, Donald Trump asserted he would not focus on the “past.”

Trump stated, “Retribution will be through success,” as conveyed to Welker. My objective is to reduce expenses. As a result, I achieved success in grocery shopping and at the border.

Trump threatened to investigate, arrest, or penalize Biden, his purported opponent.

The president-elect reaffirmed his commitment to implementing elevated tariffs on China, Canada, and Mexico, the nation’s principal trading partners. Trump said, “I cannot assure anything,” when enquiring if this would elevate consumer prices, as numerous experts have warned. I cannot guarantee tomorrow.

The president-elect countered that tariffs “cost Americans nothing” and might even serve as a diplomatic tool when Welker further questioned him on the fact that his inaugural administration’s tariffs incurred a $80 billion expense for Americans.

“By stating, ‘If you wish to engage in conflict, that is acceptable,’ I have averted wars through the imposition of tariffs.” Donald Trump asserted, “However, both of you will incur tariffs to the United States at a rate of 100%,” without referencing any wars he had averted.

Immigration and fiscal reductions

Trump has often referenced tariffs as a means for the federal government to generate revenue to compensate for the deficits resulting from tax reductions implemented during his first term.

Through the Department of Government Efficiency, an external body chaired by tech entrepreneur Elon Musk and former presidential candidate Vivek Ramaswamy, he has committed to substantially decreasing federal expenditure. Donald Trump asserts that Medicare and Social Security are not at risk of reduction.

Trump asserted, “I have informed individuals that we will not alter Social Security, except to enhance its efficiency.” “However, the populace will receive what is allotted to them.”

Concerning health care, Trump did not offer a specific plan.

During the initial months of Donald Trump’s administration, efforts were concentrated on the repeal and replacement of the Affordable Care Act.

“Obamacare is ineffective,” Donald Trump said when asked what his plans for 2020 are.

If a superior answer is identified, I would present it to the Democrats and others, and I would proceed with action.

Trump maintains a focus on immigration. During the NBC interview, he reiterated his intentions to execute extensive deportations of persons unlawfully residing in the United States. Donald Trump asserted that he would commence with convicted criminals, but would not limit his actions to them.

Trump responded, “I believe it is necessary, although it is a challenging and arduous task.” “However, it is essential to establish laws, rules, and regulations.” They unlawfully entered the country.

Trump affirmed, “I do,” in response to a query regarding his desire for Dreamers—individuals brought to the country as children and currently participating in the Deferred Action for Childhood Arrivals program—to remain in the nation. I anticipate reaching consensus.

Concerning abortion, Donald Trump asserted that he would not impede access to abortion drugs and recognised the political significance of the matter. “Will you limit access to abortion pills during your tenure in office?” Welker enquired.

“I will likely maintain the same position I have articulated for the past two years,” Trump asserted. “The response is negative.”

SOURCE: NPR

SEE ALSO:

Macron of France Greets Donald Trump at a Grand Presidential Reception in Paris.

Elon Musk Expended Over $260 Million To Facilitate The Election Of Donald Trump.

 

Continue Reading

News

Macron of France Greets Donald Trump at a Grand Presidential Reception in Paris.

Published

on

Donald Trump
Aurelien Morissard/AP

(VOR News) – French President Emmanuel Macron greeted Donald Trump to Paris on Saturday with presidential grandeur following a four-year hiatus.

Claiming to be in a “a little crazy” world as they met one-on-one before Notre Dame Cathedral’s reopening five years following a catastrophic fire, Donald Trump, the future president, said.

As Trump arrived at the Elysee Palace, the official house of the French president, Macron extended numerous handshakes and back-patted him. Declaring it “a great honour,” Donald Trump hailed their “great relationship.”

As they met one-on-one before Notre Dame Cathedral reopened five years following a catastrophic fire, Trump suggested the two would talk about a “a little crazy” world.

Like the French do for sitting American presidents, the palace spread out a red carpet. Trump noted before he came in, “The world feels wild right now.” We will explore that.

Accepting the Paris invitation, Donald Trump asserted Macron had done “a wonderful job ensuring that Notre Dame has been restored to its full glory, and even more so”. Today will be unique for each of us! A 2019 fire almost destroyed the 861-year-old monument.

More than 20 French government security agents were guarding Trump alongside the Secret Service, according to the French national police. Trump’s procession was guarded from drones by a specially equipped French police truck.

Scores of international VIPs were expected at the Notre Dame reopening, hence security was more rigorous than usual outside the U.S. Embassy and other Paris sites.

Despite Donald Trump’s loss last month, Macron has tried to repair his relationship.

Macron’s staff minimised the offer, citing invitations to other former leaders.

Declaring Trump invited as president-elect of a “friendly nation,” Macron’s office added, “This is in no way exceptional. We’ve done it before.”

Red carpet treatment by Macron and other European leaders revealed their aim to placate Trump prior to his inauguration. Trump enjoys pomp and spectacle. During his first tenure as president, he paid Paris a guest of honour visit for Bastille Day events. Macron Later on, Trump insisted he wanted a US large military exhibition.

Democratic President Joe Biden is also invited but won not be present. White House communications secretary Karine Jean-Pierre said first lady Jill Biden will represent the US due to a scheduling issue.

Trump last visited Jill Biden at the White House for the customary farewell-incoming president’s conference following the election.

During Donald Trump trip to France, Macron and other European leaders are trying to convince him to help Ukraine fight Russia’s intrusion. According to Macron’s office, Macron and Donald Trump would discuss Middle East conflicts as well as others.

Prince William and Jill Biden will meet prior to Notre Dame, according to the British royal house.

Macron would meet Volodymyr Zelenskyy, President of Ukraine. It depends on whether Trump meets Zelenskyy. Future conversations worry Kyiv as Trump has vowed to swiftly stop the war on Ukraine but has not said how.

On a two-day trip earlier this week, Zelenskyy’s top advisor Andriy Yermak visited important Donald Trump team members to build confidence in the incoming government. Requesting anonymity, a senior Ukrainian official hailed the discussions as successful but omitted specifics.

Under Donald Trump’s first term, France-US relations deteriorated.

Trump paid many trips to France and introduced Macron at his first state dinner. Macron attacked Trump for challenging NATO’s necessity and America’s dedication to the mutual defence agreement, therefore endangering the alliance.

If France taxed American businesses during the 2024 presidential campaign, Trump often mimicked Macron’s accent and threatened to levy high taxes on wine and champagne bottles shipped to the U.S.

Among the first international leaders to congratulate Trump last month was Macron. Noted for its stained glass, the Notre Dame fire destroyed its spire in 2019, endangering one of the most iconic architectural sites worldwide. At the time Trump was president.

“So horrible to watch the massive fire at Notre Dame Cathedral in Paris,” he wrote, counselling Paris. “Perhaps flying water tanks could help eradicate it. Be fast!” he advised.

Shortly afterwards, French officials reported that “all means” were being employed to put out the flames, “except water-bombing aircrafts which, if used, could lead to the collapse of the entire structure of the cathedral.”

Last weekend, Trump declared he would name Jared Kushner’s father, Charles Kushner, ambassador to France. Pioneers in such a great role were Franklin and Jefferson.

SOURCE: NPR

SEE ALSO:

Elon Musk Expended Over $260 Million To Facilitate The Election Of Donald Trump.

The US Court of Appeals Affirms the TikTok Ban While Dismissing a Free Speech Challenge.

Continue Reading

News

Elon Musk Expended Over $260 Million To Facilitate The Election Of Donald Trump.

Published

on

Elon Musk
Reuters

(VOR News) – Elon Musk, the wealthiest man in the world, is said to have made a significant contribution to the re-election campaign of Donald Trump, President-elect of the United States of America, in the year 2024.

This information has been reported. Specifically, the information in question was collected from the Federal Election Commission by means of their most current filings.

More than $259 million was contributed by Elon Musk to the campaign of Donald Trump, which he subsequently used to support his own campaign.

Elon Musk contributed a total of $269.

The Chief Executive Officer of Tesla and the owner of SpaceX is now in the position of being one of the top donors in the history of a presidential campaign in the United States.

This is due to the massive financial support that has been provided to him. Consequently, this contributes to the strengthening of his power in the area of the Republican Party. One of the corporations that own Tesla is SpaceX, which is a corporation.

There was a contribution of two hundred and thirty-nine million dollars made by Elon Musk to America PAC, which is a super PAC that he founded with the goal of assisting in the mobilisation of votes in support of Trump. This represents a big new development that has taken place.

RBG PAC is an organisation that makes an effort to persuade voters that President Trump, who is 78 years old, would not sign into law a national abortion ban. It is alleged that Musk, who is 53 years old, contributed an additional twenty million dollars to RBG PAC.

There is strong suspicion that Elon Musk made this financial contribution to RBG PAC. As can be seen from the documentation that was handed over to the Federal Election Commission (FEC), Elon Musk was the one who made this donation.

This organisation got its name from the late Supreme Court Justice Ruth Bader Ginsburg, who was well-known for her advocacy of abortion rights. Ginsburg was the inspiration behind the name of this organisation. In addition to being a well-known liberal personality, Ginsburg was also well-known for her advocacy of the right to abortion.

Ginsburg was a significant figure in the feminist community and a prominent member of the liberal community.

In addition to being the owner of the social networking platform known as X, Elon Musk has emerged as a prominent counsellor to the transition team that Trump has gathered. This is a significant development.

The platform’s owner is Elon Musk, so keep that in mind.

Trump has nominated him, together with Vivek Ramaswamy, a former candidate for the Republican presidential nomination and an entrepreneur, to lead a task group that will strive to minimise the amount of money that the government spends and the number of rules that it imposes. Ramaswamy is also an entrepreneur.

Ramaswamy is also an entrepreneur in his way. In his own way, Ramaswamy is likewise recognised as an entrepreneur.

Thursday was the day that Elon Musk and Ramaswamy met with senators on Capitol Hill in an effort to obtain the significant cutbacks in expenses that Trump has asked.

The gathering was held on Thursday of this week. On the other hand, in order for them to be successful in their ambitions, they will want the support of these politicians.

These two individuals have not only advocated for the termination of thousands of federal employees, but they have also battled for the reduction of regulations and the elimination of programs that have had their authorisation revoked, such as healthcare for veterans. In addition to this, they have campaigned for the dismissal of all employees and employees of the government.

At the Mar-a-Lago residence in Florida, where the president-elect has been residing during the transition, Musk has been a frequent visitor and a close confidante of Trump.

Musk has attended the residence on multiple occasions. Many times, Elon Musk has been seen on the premises of the mansion. In addition to that, Musk has been a frequent visitor to the home on a number of occasions.

SOURCE: TN

SEE ALSO:

The US Court of Appeals Affirms the TikTok Ban While Dismissing a Free Speech Challenge.

Jagmeet Singh May Lose the Next Federal Election

Continue Reading

Trending