2 months, 2 weeks ago

China's Xi strikes bullish tone in speech to mark Lunar New Year

Chinese leader Xi Jinping struck a bullish tone during a speech on Monday ahead of Lunar New Year, after acknowledging "complex and severe situations" in recent months. "Over the past year, in the face of complex and severe situations, we have responded to events with composure, implemented measures comprehensively, overcome difficulties and pushed each other to forge ahead," Xi said. By a frozen lake dotted with ice skaters in Beijing's historic centre, some Lunar New Year travellers expressed cautious optimism that the stimulus measures would put the country back on track in the Year of the Snake. "Now China's policies toward export and trade are very open," Zhong Haiping, a 27-year-old trader from southern Guangdong province, told AFP.

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