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Headline News 2021\11\12

CRI 2021-11-12 22次

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CPC plenum passes landmark resolution

A high-profile meeting of the Communist Party of China (CPC) has adopted a landmark resolution on the major achievements and historical experience of the Party's 100 years of endeavors.

The resolution was reviewed and adopted at the sixth plenary session of the 19th CPC Central Committee. 

A communique says General Secretary Xi Jinping of the CPC Central Committee made an important speech at the session.

The session heard and discussed a work report delivered by Xi Jinping on behalf of the Political Bureau of the CPC Central Committee. He also explained the draft of the resolution to the session.

A resolution was also reviewed and passed during the 4-day session on convening the 20th National Congress of the CPC in the second half of 2022 in Beijing.


4 bln euro sovereign bonds issued in HK

The Chinese Ministry of Finance has issued four billion euro-denominated sovereign bonds in Hong Kong's offshore market.

It's the third consecutive annual issuance since the country restarted the issuance of sovereign euro bonds in 2019.

The bond sales of the 4 billion euros was 4.3 times oversubscribed by international investors.

Investors from Europe, Africa and the Middle East made up around 70 percent of the total.


JD reports new records for Singles Day

E-commerce giant JD says its accumulated transaction volume for this year's Singles Day shopping spree topped 311 billion yuan, roughly 50 billion US dollars, by Thursday afternoon, surpassing total sales of 271 billion yuan last year. 

Sales of domestic mobile phone brands increased four times on a yearly basis in the first 10 minutes after the clock struck 8 pm on Wednesday, while the turnover of home appliance products exceeded 2 billion yuan within 5 minutes.


South Africa's last apartheid leader dies

The last leader of apartheid-era South Africa has died at the age of 85.

Frederik Willem de Klerk died at his home from mesothelioma cancer.

In 1993, De Klerk shared the Nobel Peace Prize with his successor Nelson Mandela who oversaw the end of the country's white-minority rule.

He remained a controversial figure with his role in the country's transition to democracy more than 20 years after the end of apartheid.


UN workers detained in Ethiopia

Ethiopia has detained dozens of workers from the United Nations as fighting escalates between the government and northern forces.


Elon Musk sells 5 bln in Tesla shares after Twitter poll

Tesla Chief Executive Elon Musk has sold about 5 billion U.S. dollars in shares, just days after he polled Twitter users about selling 10% of his stake.

According to regulatory filings, the billionaire sold 4.5 million shares this week, which equate to three percent of his total holdings in Tesla.

Musk's trust sold nearly 3.6 million shares in Tesla, worth around 4 billion U.S. dollars in a bid to settle tax obligations.

Another batch of 934-thousand shares worth 1.1 billion dollars was sold on Monday after exercising options to acquire nearly 2.2 million shares.

The sale was initiated under a pre-arranged trading plan set up in September. But it's not yet clear whether it related to Musk's Twitter poll.


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