Index Investing News
Monday, April 27, 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

Here’s How NVIDIA Hits 0 a Share by 2030

Here’s How NVIDIA Hits $670 a Share by 2030

by Index Investing News
April 25, 2026
0

Long before NVIDIA $NVDA became the most valuable company in the world we theorized that’s what would happen. No crystal...

From Mani-Pedis to a Million Bucks

From Mani-Pedis to a Million Bucks

by Index Investing News
April 21, 2026
0

Life takes us all on a journey. One that ultimately defines us as individuals. For some of you, that path...

JetBlue Airways (JBLU) Jumps 9.3% to .02

JetBlue Airways (JBLU) Jumps 9.3% to $6.02

by Index Investing News
April 17, 2026
0

JetBlue Airways Corporation surged 9.3% Friday to close at $6.02 as the airline announced new summer seasonal service between Boston...

Value beating growth across the board this year

Value beating growth across the board this year

by Index Investing News
April 13, 2026
0

Apr 13, 2026, 11:21 AM ETVanguard Russell 3000 Index Fund ETF (VTHR), IWV, IWB, IWR, IWC, IWN, IWO, IWMIVW, IWF,...

Northwest Bancshares stock hits 52-week high at 13.62 USD By Investing.com

Northwest Bancshares stock hits 52-week high at 13.62 USD By Investing.com

by Index Investing News
April 9, 2026
0

Northwest Bancshares Inc. stock reached a new 52-week high, closing at 13.62 USD. This milestone reflects a significant upward trajectory...

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

Here’s a look at what to expect when Hasbro (HAS) reports Q1 earnings this week

Here’s a look at what to expect when Hasbro (HAS) reports Q1 earnings this week

April 24, 2023
Australian competitors regulator takes Meta to court docket over pretend crypto advertisements

Australian competitors regulator takes Meta to court docket over pretend crypto advertisements

April 2, 2022
10 Tuesday AM Reads

10 Tuesday AM Reads

August 30, 2022
Chinese language inventory rally stalls after Beijing holds off on fiscal stimulus

Chinese language inventory rally stalls after Beijing holds off on fiscal stimulus

October 9, 2024
Episode #481: Sarah Stanley Fallaw – The Psychology of the Millionaire Next Door – Meb Faber Research

Episode #481: Sarah Stanley Fallaw – The Psychology of the Millionaire Next Door – Meb Faber Research

May 17, 2023
Do elections have consequences? – Econlib

Do elections have consequences? – Econlib

February 16, 2023
Marriott International: RevPAR Growth Seeing Normalization (NASDAQ:MAR)

Marriott International: RevPAR Growth Seeing Normalization (NASDAQ:MAR)

February 16, 2024
How Property Managers Can Unlock Proptech’s Potential – Commercial Property Executive

How Property Managers Can Unlock Proptech’s Potential – Commercial Property Executive

February 4, 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