Jakarta, CNBC Indonesia – China held the biggest ‘luxury party’ yesterday, Thursday (1/7/2021). The celebration was created to celebrate the 100th anniversary of the ruling party, the Chinese Communist Party.
About 70,000 people attended the celebration in Tiananmen Square near the gates of the Forbidden City. There is no social distancing and no masks, along with the decline in cases of corona (Covid-19) in the country and strict vaccinations.
On that occasion, Chinese President Xi Jinping reiterated the country’s determination to resist foreign pressure. Beijing, he said, would not allow foreign powers to bully and even threaten retaliation.
“(China will not accept) ‘holy sermons’ from those who feel they have the right to lecture us,” Xi was quoted as saying CNBC Indonesia, quoted Friday (2/7/2021). Although not mentioning which country, China has been in conflict with the United States (US).
He stressed that countries that attack China will receive retaliation. “(They) will find themselves hit by the great wall of China forged by more than 1.4 billion people,” he said.
Xi Jinping said a century ago, China was “withering in the eyes of the world”. But the image is different today.
“The image it presents to the world is one of a thriving nation, advancing with unstoppable momentum towards rejuvenation.”
China is at loggerheads with the West over Hong Kong, Xinjiang and the origins of the coronavirus. In the region, tensions arise with ASEAN countries over the South China Sea (SCS), where China claims 90% of its territory despite being denied by the United Nations.
Meanwhile, China’s economy jumped significantly in the first quarter (Q1) 2021. China’s National Bureau of Statistics noted the economy grew 18.3% (yoy).
The declining number of corona cases has made stronger demand from home and abroad. Strict efforts to handle the corona virus and government support have also made businesses thrive.
However, the achievement in the first quarter of 2021 is still below the expectations of a number of analysts surveyed by Reuters, at 19%. Earlier in Q4 2020, China’s GDP was recorded at 6.5%.
(boss / boss)
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