Pan Gongsheng: China throws a surprise by appointing him as the Central Bank's Chief | Oneindia News
Video Credit: Oneindia - Duration: 02:41s - Published
Pan Gongsheng: China throws a surprise by appointing him as the Central Bank's Chief | Oneindia News
Pan Gongsheng has been named the new governor of the People’s Bank of China.
The appointment of Gongsheng was approved yesterday at a meeting of the Standing Committee of the National People’s Congress, China’s top legislature.
His appointment comes at a time when China’s below-expectation growth rate of 6.3 % in the April-June quarter has rattled its top leaders.
The 25-member Politburo of China, comprising key decision makers of the Communist Party, finally acknowledged recently that weak domestic demand, unemployment, operational complexities in several companies…along with high risks in key sectors are some of the challenges that Beijing is currently facing.
His appointment also comes shortly after he was installed as the Communist Party chief of the PBOC earlier this month, a surprise move that analysts said had highlighted Beijing’s urgency to bolster the country’s slowing economy and stem the yuan’s slide.
So, will this man be able to help China tide over its economic downturn?
Indian Prime Minister Narendra Modi files his nomination from Varanasi, Uttar Pradesh, ahead of the final round of the Lok Sabha elections on June 1. After a grand roadshow, Modi, accompanied by BJP leaders, performed the Ganga Aarti and prayed at the Kaal Bhairav Temple. Seeking a third term, Modi faces stiff competition in Varanasi, a BJP stronghold. The election outcome remains eagerly anticipated.
#PMModi #NarendraModi #Modi #ModiinVaranasi #Varanasi #Banaras #Modinews #BJPnews #Indianews #Politics #LokSabhaElections #Oneindia #OneindiaNews
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The United States has cautioned any country engaging in business dealings with Iran about the potential risks of sanctions, following reports of Iran and India signing a deal concerning the Chabahar port. State Department Deputy Spokesperson Vedant Patel emphasized that while the US is aware of the agreement, it maintains its stance on sanctions against Iran. Patel urged entities considering business deals with Iran to be mindful of the associated risks.
#UnitedStates #VedantPatel #ChabaharPort #USIndia #USIran #IranIndia #ChabaharportDeal #USSanctions #Biden #Worldnews #Oneindia #OneindiaNews
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India's External Affairs Minister, Dr. S Jaishankar, reaffirms India's claim over Pakistan-occupied Kashmir (PoK), emphasizing its integral status within India. Amid ongoing protests in the region, Jaishankar vows to end Pakistan's illegal occupation, sparking renewed tensions. Stay tuned for the latest developments.
#NewDelhi #PoK #PoKProtests #SJaishankar #JaishankaronPoK #PakistanOccupiedKashmir #IndiaPakistanTensions #NewDelhi #Oneindia
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In this video, we delve into the shocking proposal by a U.S. Senator to "drop a nuclear bomb" on Gaza following Biden's decision to halt weapon shipment. Join us as we analyze the implications of such a harrowing plan and its potential impact on the ongoing conflict. Stay informed with Oneindia.
#Israel #IsraelNuclearWar #IsraeliArms #IsraelHamasWar #IsraelPalestine #Palestine #BenjaminNetanyahu #LindseyGraham #IsraelSouthAfrica #Oneindia
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Discover the reasons behind North Korea's controversial ban on red lipstick, imposed by supreme leader Kim Jong Un. Learn why the regime associates the color red with capitalism and how this decision reflects broader fashion regulations in the isolated nation. Stay informed on the latest developments shaping North Korean society.
#RedLipsticBan #NorthKorea #NorthKoreaRedLipstick #RedLipsticAlert #KimJongUn #KimJongUnRedLipstick #NorthKoreaFashionPolicing #NorthKoreaFashion #KoreanFashion #Oneindia
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Xu Feihong, China's new envoy to New Delhi, appointed by President Xi Jinping, aims to strengthen China-India ties amidst the Ladakh standoff. Emphasizing.. IndiaTimes
China's leader is anticipated to solidify several agreements with Hungarian Prime Minister Viktor Orbán, further cementing Beijing's economic presence in the region.
Credit: euronews (in English) Duration: 01:43Published
China's President Xi Jinping is embarking on a rare visit to Paris, with French President Emmanuel Macron poised to address pressing issues such as trade imbalances and seek Chinese support regarding the conflict in Ukraine. However, achieving these objectives during Xi's brief two-day visit to France will prove challenging, given the backdrop of escalating trade tensions between Europe and China. France is actively supporting a European Union investigation into Chinese exports of electric vehicles, while Beijing's recent initiation of an inquiry into brandy imports, predominantly from France, is widely perceived as retaliatory. Against this backdrop, Macron's administration is keen to emphasise the necessity of obtaining further assurances from Chinese authorities on trade matters. Xi's visit marks his first trip to Europe in half a decade, underscoring the significance of the occasion.
#XiJinping #EmmanuelMacron #ChinaFranceRelations #TradeTalks #UkraineConflict #RussiaUkraineWar #ChinaEU #Tensions #FranceChinaTrade #Diplomacy #GlobalRelations #LeadershipSummit #InternationalAffairs #Geopolitics #DiplomaticRelations
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Beijing has appointed a new leadership for the force responsible for its nuclear arsenal after its former commanders were snared in an anti-corruption campaign. Rocket Force is the key element of the..
Key Inflation Rate , Hits Lowest Annual Level , in Almost 2 Years.
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Credit: Wibbitz Top Stories Duration: 01:31Published
El Salvador’s Congress has approved group trials for the tens of thousands of people arrested during President Nayib Bukele’s crackdown on criminal gangs, which has given the country one of the..