NEW DELHI: India on Monday unveiled an action plan encompassing health, renewable energy and cyber-security to bolster cooperation with Pacific island states amid China’s efforts to increase its influence in the area, with Prime Minister Narendra Modi telling regional leaders that New Delhi will stand by them as a friend. The action...
With the Chinese economy still not out of the woods and experts already having started punching holes in Xi Jinping’s resurgence narrative after the country abandoned its draconian ‘Zero Covid’ policy, the pandemic seems poised to hit it hard once more. Covid19 cases are expected to peak at 65...
Many Chinese companies are still struggling with overdue payments, despite modest improvement following Beijing’s reopening of borders that ended nearly three years of zero-Covid controls, according to a new report. Coface, a global trade credit insurance group, said on Tuesday in its latest China Corporate Payment Survey, involving 1,000 Chinese...
Beijing , May 17: China is not planning to spend USD 58 billion on the construction of the China-Pakistan Railway project, and no feasibility study for this proposed project has been completed or approved, said The Diplomat refuting media reports about the rail connectivity project. Earlier, China-based South China Morning Post, on April 27, reported that a...
Beijing , May 13: China's new bank loans tumbled more than expected in April from the previous month, The Standard reported, adding that the development has further raised concerns regarding the economy's recovery and regulators have called on banks to cap rates offered on some deposits from next week. Financial...
Beijing , April 2: Chinese Foreign Minister Qin Gang will travel to India to attend the Shanghai Cooperation Organisation (SCO) Foreign Ministers' meeting to be held in Goa. Chinese Foreign Ministry spokesperson said on Tuesday that at the meeting Qin Gang will exchange views with other SCO member states' foreign ministers on the international and...
New Delhi , April 28: After no handshake with China, Defence Minister General Li Shangfu on Thursday vouched for a "comprehensive, long-term and strategic perspective," with India. Speaking at the bilateral meeting with Defence Minister Rajnath Singh on the sidelines of the Shanghai Cooperation Organization (SCO) Defence Ministers meeting, he said, "As major neighbouring countries...
Beijing , April 25: China is heading towards social instability as unemployment rises to a historical level. The youth unemployment rate is approaching historical highs, coupled with various challenges such as debt risks and slowing global growth, indicating that China's economic outlook is still uncertain after the devastating effects of the zero-Covid policy. Apart from...
Beijing , April 25: China hosted 1,807 economic and trade exhibitions with a total exhibition area of 55.76 million square metres in 2022, according to a report on the country's convention and exhibition industry released by the China Council for the Promotion of International Trade. Reports pointed out that major exhibitions, including the China International Import Expo, the China Import...
Beijing , April 25: An ex-senior editor at a major Chinese daily affiliated with the ruling Communist Party was indicted in March for allegedly leaking information to many Japanese diplomats, sources familiar with the matter. 61-year-old Dong Yuyu, former deputy head of the Guangming Daily editorial department, went missing in February last year after...