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?
Watch as a dramatic helicopter rescue unfolds in Vadodara's flood-hit Varsada village. Captured by OneIndia, this incredible footage shows a man being lifted to safety from the middle of a raging river. Eyewitnesses cheered as the heroic operation successfully saved a life amid the chaos of the devastating floods. In this video, see the bravery and efficiency of rescue operations during one of Gujarat's most challenging moments.
#HelicopterRescue #FloodRescue #VadodaraFloods #HeroicRescue #OneIndia #EmergencyResponse #FloodRelief #GujaratFloods #RescueMission #DramaticRescue
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As intense Gaza ceasefire negotiations unfold in Cairo, Egypt, the spotlight is on Israel’s response to mounting pressure. With Egyptian, U.S., and Israeli delegations in heated discussions, critical security arrangements and potential deals are on the table. Explore how recent developments, including a dramatic hostage swap deal and ongoing tensions with Hamas, are shaping the future of the conflict. Watch our detailed breakdown of the high-stakes negotiations and what’s at stake for all parties involved.
#GazaCeasefire #IsraelUnderPressure #EgyptNegotiations #MiddleEastCrisis #PeaceTalks #NetanyahuPressure #HamasConflict #DiplomaticDeals #GazaConflict #InternationalRelations
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In a touching display of cultural exchange, Ukrainian students learning Hindi had the unique opportunity to meet Indian Prime Minister Narendra Modi during his visit to Kyiv. These students shared their heartfelt experiences and discussed how learning Hindi has deepened their understanding of Indian culture. Watch as they express their joy and enthusiasm for the language and their memorable moments with PM Modi.
#PMModi #UkrainianStudents #HindiLanguage #CulturalExchange #IndiaUkraineRelations #OneindiaNews #ModiInKyiv #HindiLearning #CulturalConnections #HeartfeltMoments
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Donald Trump brought former Democratic lawmaker Tulsi Gabbard to help him prepare for the crucial September 10 debate against Kamala Harris. With his campaign facing criticism for being off the rails due to his unpredictable personality, Trump is turning to Gabbard, who famously clashed with Harris in the 2019 Democratic debates. Is this the strategic move that will reshape his campaign, or just another chaotic gamble? Watch the full story to find out how Gabbard’s role could impact the upcoming showdown!
#Trump #TulsiGabbard #KamalaHarris #DebatePrep #Election2024 #PoliticalStrategy #MAGA #TrumpVsHarris #USPolitics #HarrisVsGabbard
Tensions have escalated as Hamas' armed wing, the al-Qassam Brigades, vows to retaliate against Israel following the assassination of two senior commanders in Jenin. In a chilling statement, Hamas declared that the blood of their martyrs will bring a "torrent of blood" for Israel, signaling the start of more high-profile operations across the occupied West Bank. This deadly exchange comes on the heels of a recent targeted killing in Tehran, which has further inflamed the already volatile situation. Is the Middle East on the brink of even more bloodshed?
#Hamas #Israel #Jenin #MiddleEastConflict #Revenge #AlQassamBrigades #Terrorism #Palestine #Iran #Geopolitics
A tense and dramatic moment unfolded in the contested waters of the South China Sea as a Chinese vessel collided with a Philippine boat, escalating tensions between the two nations. The incident, captured on camera, reveals the high-stakes confrontations that continue to plague the region.
In the video, the Chinese ship can be seen ramming into the Philippine vessel near the disputed Sabina Shoal, an area increasingly marked by such maritime clashes. This latest confrontation is part of a broader struggle over territorial claims in the South China Sea, where Beijing's aggressive tactics have drawn international concern.
The footage has sparked outrage in Manila and heightened the already fraught relations between China and the Philippines. The event underscores the volatile nature of the South China Sea dispute and the ever-present risk of these encounters spiralling into a larger conflict.
#SouthChinaSea #ChinaPhilippinesVesselClash #SouthChinaSeaClash #ChinaPhilippines #TerritorialDispute #MaritimeConflict #CaughtOnCamera #SabinaShoal #TensionsRising #NavalClash #Geopolitics #InternationalWaters #BreakingNews #SeaConfrontation #GlobalWatch #DiplomaticCrisis #RegionalSecurity
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.
CNBC reports that inflation continued
to show signs of cooling in June,
in line with Dow Jones estimates.
CNBC reports that..
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..