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Washington , February 28: The US on Monday (local time) criticized Russia and China for not offering "firm condemnation" of the Ukraine conflict at the G20 ministerial meeting of Finance Ministers. At a US Department of State press briefing, spokesperson Ned Price said, "When it comes to the Peoples' Republic China (PRC), that's a question for the PRC - a...
Beijing , February 24: China which emerged as the developing world’s bank of choice is now transitioning from a generous investor to a tough enforcer as its borrowers fail to pay up, reported Foreign Policy (FP). China poured hundreds of billions of dollars in loans into global infrastructure projects as...
Addressing a large gathering on banks of Indus River in Leh, the 14th Dalai Lama on Tuesday expressed hope that Ladakhis would be able to visit Lhasa once again. "Times are changing, and that a time would come when Ladakhis would be able to visit Lhasa again,” the Tibetan...
China’s top leadership is pre-occupied with political manoeuvring to agree on a rescue plan to end the housing slump, while intensifying geopolitical risk means Chinese assets will be volatile under the current administration and only selectively investable, strategists, said.Hopes for some sort of intervention by Beijing to overcome a...
Wan Jinjun, a 62-year-old retiree who has swum the Yangtze River almost every day for the past decade in Wuhan, said he’s never seen a drought like this before. An extreme summer has taken a toll on Asia’s longest river, which flows about 3,900 miles (6,300 kilometers) through China and...
Jakarta: The joint combat exercise between Indonesia and US held this month has reminded China that it can’t afford to ignore Jakarta which is strategically critical to the Indo-Pacific region.Under the banners of 14 nations, the 16th annual Garuda Shield exercise, the cornerstone of the military partnership between the...
Hong Kong: With no sincerity in its effort to reduce the emission of greenhouse gases, China, which is the biggest emitter of carbon dioxide, has now started deriding the landmark climate legislation of the United States signed into law by President Joe Biden in the third week of August,...
Beijing: A "severe" heatwave has gripped China and consequently, the drought is putting the autumn harvests at risk, Chinese state media reported.Economists are concerned about the impact of a lasting drought on autumn harvest, which accounts for 75 per cent of China's total grain output. The harvesting time is...
Beijing: Amid the worsening COVID-19 situation in China, local authorities have announced that mass testing will be conducted in Chongqing's central area from Wednesday.The announcement was made on Tuesday, China Daily reported. The southwestern municipality has over 32 million people in 38 districts and counties, and there are about...
Beijing , August 24 (ANI): Owing to the deep recession in China's property market, the inability of ailing property developers to convince homebuyers has left new cracks emerging in China's financial system, setting off fresh worries in Beijing and beyond.Thousands of homebuyers who have been waiting years for developers...