The Chinese leader enjoys complete domination of party and state. But to maintain stability, he also needs to signal there is a succession process

At the Monday meeting, Xi urged the executives to "show their talent" and pledged to support private businesses.

China's lopsided trade flows and Xi Jinping's focus on manufacturing may represent the biggest danger to the global economy, according to former Treasury official Brad Setser. But he added that President Donald Trump's tariffs are not the solution and could even make matters worse,

Chinese AI startup DeepSeek founder Liang Wenfeng is reportedly set to meet with China's Xi Jinping during a summit.

These moves have made the Chinese economy more self sufficient than it was during Trump’s first term, and has made Beijing more confident about pushing back politically against Trump. This is all underlined by a high-level meeting hosted by President Xi Jinping at China’s Great Hall of the People this week.

China’s Communist Party has a history of purging then welcoming back senior officials. Deng Xiaoping was purged three times before leading the country out of Maoism in the late 1970s. Some cadres are welcomed back years after their death.

The president evoked a Mao Zedong slogan to reiterate his confidence in China’s economic triumph at a high-profile meeting on the private sector.

Yu founded Will Semiconductor in 2007 and has made a name as a successful deal maker in China’s chip industry.

Chinese President Xi Jinping urged officials to stay composed amid rising US trade tensions, as Washington tightens restrictions on China’s tech and energy sectors, raising global economic concerns.

The uncertain reaction to Xi Jinping’s display of warmth made sense: Executives are eager for a reset after years in the cold but ever wary of meddling.

Chinese President Xi Jinping has held a call with Russia’s President Vladimir Putin and said he was pleased with Moscow’s efforts to hold a summit with the U.S. toward ending the war in Ukraine