Li Qiang

Biden 'disappointed' that Xi set to miss G20

US President Joe Biden on Sunday expressed disappointment that Chinese leader Xi Jinping would not attend the G20 summit in India this week, as Washington seeks to repair relations with Beijing.

Asked about Xi reportedly not planning to join the gathering in New Delhi, Biden told reporters, "I am disappointed, but I am going to get to see him," without elaborating.

China calls West's economic de-risking 'false proposition'

Chinese Premier Li Qiang slammed efforts in the West to "de-risk" their economies as a "false proposition" yesterday, hitting back against U.S. and EU policy aimed at reducing their reliance on China.

The United States and the European Union have in recent months moved to "de-risk" from the world's second-largest economy.

China economic data miss expectations

China's economic data for April missed expectations last month, official figures showed yesterday, as low demand and high youth unemployment led to a patchy recovery after lifting strict COVID rules.    

Retail sales - a key indicator of domestic consumer activity -- grew 18.4 percent on-year, data released by the National Bureau of Statistics (NBS) showed.    

China launches recruitment drive for college graduates

China is launching an annual recruitment of college graduates in large and midsize cities, the official Xinhua news agency said yesterday, as authorities double down on efforts to meet a more ambitious job creation goal this year.

The recruitment drive, hosted by the Ministry of Human Resources and Social Security, will last from yesterday to May 26, Xinhua said.

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