Index Investing News
Tuesday, March 10, 2026
No Result
View All Result
  • Login
  • Home
  • World
  • Investing
  • Financial
  • Economy
  • Markets
  • Stocks
  • Crypto
  • Property
  • Sport
  • Entertainment
  • Opinion
  • Home
  • World
  • Investing
  • Financial
  • Economy
  • Markets
  • Stocks
  • Crypto
  • Property
  • Sport
  • Entertainment
  • Opinion
No Result
View All Result
Index Investing News
No Result
View All Result

China’s Xi thanks late leader Jiang Zemin for ensuring party’s survival from ‘storms’ By Reuters

by Index Investing News
December 6, 2022
in Markets
Reading Time: 2 mins read
A A
1
Home Markets
Share on FacebookShare on Twitter


5/5

© Reuters. A Chinese flag flies at half mast in front of the Lujiazui financial district, on the day of the memorial service for former Chinese President Jiang Zemin, in Shanghai, China December 6, 2022. REUTERS/Aly Song

2/5

BEIJING (Reuters) – Chinese President Xi Jinping paid tribute to former leader Jiang Zemin on Tuesday for ensuring the Communist Party’s survival from “political storms” and reforming it to inject new vitality and modernise the country’s economy.

Jiang, who died on Wednesday aged 96, confounded the naysayers, chalking up a list of achievements after breaking China out of diplomatic isolation in the post-Tiananmen era, mending fences with the United States and overseeing an unprecedented economic boom.

Speaking at a sombre state memorial service for Jiang in the Great Hall of the People in Beijing, Xi said Jiang had assumed leadership at a time when the party, military and country were at “a serious moment of external pressure and internal difficulties”, referring to the 1989 pro-democracy protests on and around Tiananmen Square.

“In the late 1980s and early 1990s, serious political storms occurred at home and abroad, and world socialism experienced severe complications. Some Western countries imposed so-called ‘sanctions’ on China,” Xi told an audience including China’s top leadership and Jiang’s direct successor Hu Jintao.

But Jiang stepped forward to press reform and opening up, strengthen the party’s ties with the people, engage in “diplomatic struggles” and upheld China’s independence, dignity, security and stability, Xi added.

Jiang, who was cremated on Monday, had firm beliefs and was decisive, he said.

“He had the extraordinary courage to make bold decisions and the great courage to carry out theoretical innovation at critical moments.”

Air raid sirens sounded for three minutes across the country at 10 a.m. (0200 GMT) when the ceremony began, and stock, currency and bond markets suspended trade, also for three minutes.

Attendees at the ceremony all stood as Xi spoke, and wore white chrysanthemums, a traditional Chinese symbol for mourning.

His death has prompted a wave of nostalgia for the relatively more liberal times he oversaw.

Jiang’s death has come at a tumultuous time in China, where authorities are grappling with rare widespread street protests among residents fed up with heavy-handed COVID-19 curbs three years into the pandemic.

Xi, describing Jiang’s death as an incalculable loss, said the country must turn grief into strength and use his legacy to write a new chapter in the party’s development.

“Do not believe in evil, fear neither ghosts nor pressure, and do your best to overcome all kinds of difficulties and challenges on the way forward.”



Source link

Tags: ChinasensuringJiangLateleaderpartysReutersstormssurvivalZemin
ShareTweetShareShare
Previous Post

Rita Ora In See-Through Red Dress & Thong At British Fashion Awards – Hollywood Life

Next Post

FirstFT: Carmakers warn on EU tariffs threat to electric vehicle prices

Related Posts

Top analysts are bullish on these 3 stocks despite ongoing volatility

Top analysts are bullish on these 3 stocks despite ongoing volatility

by Index Investing News
March 8, 2026
0

The stock market continues to be volatile as investors digest developments related to the U.S.-Iran conflict, artificial intelligence disruption fears...

Coinbase leads crypto stocks higher after Trump signals support for digital asset market structure bill

Coinbase leads crypto stocks higher after Trump signals support for digital asset market structure bill

by Index Investing News
March 4, 2026
0

Shares of Coinbase and other cryptocurrency companies surged Wednesday after President Donald Trump threw his weight behind the industry's battle...

Revisiting the Tempus AI Short Report

Revisiting the Tempus AI Short Report

by Index Investing News
February 28, 2026
0

Short reports are a blessing in disguise for any stock you’re holding. Someone with financial motivation and sufficient research capabilities...

The Little-Known AI Stock Pushing New Highs

The Little-Known AI Stock Pushing New Highs

by Index Investing News
February 24, 2026
0

We’ve heard about them for months… “AI bubble” fears. And some of the biggest names in the industry look ready...

Ryerson Holding Corp (RYI) Misses Q4 2025 Earnings Estimates — EPS $-1.01 vs $-0.65 Expected

Ryerson Holding Corp (RYI) Misses Q4 2025 Earnings Estimates — EPS $-1.01 vs $-0.65 Expected

by Index Investing News
February 20, 2026
0

BREAKING Ryerson Holding Corp (RYI) reported Q4 2025 earnings per share of $-1.01, missing the consensus estimate of $-0.65 by...

Next Post
FirstFT: Carmakers warn on EU tariffs threat to electric vehicle prices

FirstFT: Carmakers warn on EU tariffs threat to electric vehicle prices

Yankees extend GM Brian Cashman through 2026

Yankees extend GM Brian Cashman through 2026

RECOMMENDED

Akshata Murty admits she hates making the bed and stacking dishwasher

Akshata Murty admits she hates making the bed and stacking dishwasher

March 5, 2024
Why I Think Capital One Is a (Nearly) Perfect Bank

Why I Think Capital One Is a (Nearly) Perfect Bank

November 24, 2022
XOM Earnings: Highlights of Exxon Mobil’s This fall 2024 report

XOM Earnings: Highlights of Exxon Mobil’s This fall 2024 report

February 2, 2025
Elon Musk’s X receives money transmitter license in Utah By Reuters

Elon Musk’s X receives money transmitter license in Utah By Reuters

January 15, 2024
Small Caps, Massive Caps, and Curiosity Charges

Small Caps, Massive Caps, and Curiosity Charges

August 1, 2024
UNO Get together Pack solely !

UNO Get together Pack solely $10!

June 9, 2022
Nasdaq futures are barely decrease forward of Massive Tech earnings

Nasdaq futures are barely decrease forward of Massive Tech earnings

April 26, 2022
Vin Diesel accused of 2010 sexual battery in lawsuit by former assistant

Vin Diesel accused of 2010 sexual battery in lawsuit by former assistant

December 23, 2023
Index Investing News

Get the latest news and follow the coverage of Investing, World News, Stocks, Market Analysis, Business & Financial News, and more from the top trusted sources.

  • 1717575246.7
  • Browse the latest news about investing and more
  • Contact us
  • Cookie Privacy Policy
  • Disclaimer
  • DMCA
  • Privacy Policy
  • Terms and Conditions
  • xtw18387b488

Copyright © 2022 - Index Investing News.
Index Investing News is not responsible for the content of external sites.

No Result
View All Result
  • Home
  • World
  • Investing
  • Financial
  • Economy
  • Markets
  • Stocks
  • Crypto
  • Property
  • Sport
  • Entertainment
  • Opinion

Copyright © 2022 - Index Investing News.
Index Investing News is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In