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India-China Relations Remain Strained: No Improvement Despite Talks, Says MEA

India-China Relations Remain Strained: No Improvement Despite Talks, Says MEA

Fri, Jan 19, 2024

In a recent briefing, MEA Spokesperson Randhir Jaiswal states that India-China ties are not normal. Emphasises ongoing diplomatic and military-level discussions for peace along the border.

China Earthquake: Northwest China Earthquake Leaves 116 Dead, Rescue Efforts Underway

China Earthquake: Northwest China Earthquake Leaves 116 Dead, Rescue Efforts Underway

Tue, Dec 19, 2023

A powerful earthquake measuring 6.2 on the Richter scale struck northwest China's Gansu and Qinghai provinces on December 18th night. Tragically, at least 116 lives have been lost, with 105 fatalities in Gansu and 11 in Qinghai. The quake injured over 230 people and caused widespread damage, including collapsed houses, damaged roads, and disrupted power and communication lines. Search and rescue operations are ongoing in affected areas.

Did Italy PM Giorgia Meloni Pull Out Of China's Belt and Road Initiative in Favor of India?

Did Italy PM Giorgia Meloni Pull Out Of China's Belt and Road Initiative in Favor of India?

Thu, Dec 07, 2023

In a major setback for China's global ambitions, Italy has abruptly withdrawn from the Belt and Road Initiative, the country's signature infrastructure project. This surprise move has sparked speculation about Italy's potential shift towards India, a country with which it shares growing economic and political ties.

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Most Asian stock markets near bear territory, China worst hit

Most Asian stock markets near bear territory, China worst hit

Tue, Aug 14, 2018

China has the worst ratio, with 88 percent of its companies trading below the 200-day moving average, followed by the Philippines and Singapore.

Most Asian stocks markets near bear territory, China worst hit

Most Asian stocks markets near bear territory, China worst hit

Tue, Aug 14, 2018

Most Asian stock markets are on the verge of entering bear territory as investors grapple with the escalating Sino-U.S trade dispute, a stronger dollar and most recently Turkey`s economic woes.

Nepal's Rs 100, Rs 1,000, even Rs 5 currency notes are Made in China

Nepal's Rs 100, Rs 1,000, even Rs 5 currency notes are Made in China

Mon, Aug 13, 2018

Liu Guisheng, Chairman of China Banknote Printing and Minting Corporation, wrote in an article in May in China Finance, a bi-monthly journal run by China's central bank, that China obtained the first international commercial order for printing money from Nepal in 2015.

China paper rebuts trade war criticism, says ''an elephant can't hide''

China paper rebuts trade war criticism, says ''an elephant can't hide''

Fri, Aug 10, 2018

China`s top newspaper rebutted growing criticism in government circles that Beijing should have taken a lower profile to head off its trade war with the United States, saying on Friday that, like an elephant, China cannot hide its size and strength.

This bullet train can now travel at 350 kph

This bullet train can now travel at 350 kph

Thu, Aug 09, 2018

The increase in speed will shorten travel time between Beijing South Railway Station and Tianjin Railway Station from 35 minutes to 30 minutes with no price difference in fares.

Advantage India: How China-US trade war has opened exports opportunity for Indian Pharma

Advantage India: How China-US trade war has opened exports opportunity for Indian Pharma

Thu, Aug 09, 2018

The trade disputes between the US and China have intensified lately, which can potentially escalate to a full-fledged trade war.

Consultation prize: US-China trade war fires bonanza for advisory firms

Consultation prize: US-China trade war fires bonanza for advisory firms

Mon, Aug 06, 2018

As U.S. and Chinese firms rush for outside expertise on how to handle fallout from the escalating trade war between the two nations, consultants on everything from management to logistics say they have seen soaring demand for their services.

World's first autonomous 'Skytrain' now in China; is 3X better than subway trains

World's first autonomous 'Skytrain' now in China; is 3X better than subway trains

Fri, Aug 03, 2018

According to the report, Chinese engineers say that 'Skytrain' can perform nearly three times better than regular subway trains and can ascend gradients of 100 meters over a distance of 1,000 meters. Designed as a lightweight, intermediate speed, medium traffic volume, and low-cost transport system, the 'Skytrain' reportedly has huge market potential in scenic areas, mountainous regions, and major cities.

Asian shares rise, but U.S. tariff plan puts focus back on trade war

Asian shares rise, but U.S. tariff plan puts focus back on trade war

Wed, Aug 01, 2018

Asian shares were higher on Wednesday, tracking the firmer Wall Street finish though reports that Washington plans to raise tariffs on $200 billion of Chinese goods have put the focus back on volatile Sino-U.S. trade relations.

Trade war: How US tariffs on China minerals could hurt industry, consumers

Trade war: How US tariffs on China minerals could hurt industry, consumers

Tue, Jul 31, 2018

More than 6,000 items have been earmarked for a 10 percent import tariff, including - in some form - 32 of the 35 minerals the United States in May designated as "critical" to its economic and national security.

Import tariffs will have far-reaching implications on global growth: Report

Import tariffs will have far-reaching implications on global growth: Report

Sun, Jul 29, 2018

Import tariffs will have far-reaching implications and though the impact is manageable for now, escalation in this aspect could mean significant downside to global growth, says a report.

Asian markets post modest gains as trade fears keep investors cautious

Asian markets post modest gains as trade fears keep investors cautious

Fri, Jul 27, 2018

Asian stocks struggled to gain traction on Friday, following a mixed Wall Street finish and as the worsening Sino-U.S. trade dispute kept investors in the region cautious, despite signs of rapprochement between the United States and Europe.

Apple ships 3.5 mn Watches, adds India to its growth list

Apple ships 3.5 mn Watches, adds India to its growth list

Fri, Jul 27, 2018

Apple Watch shipments to Asia (excluding China) surpassed 250,000 units, with the LTE version accounting for about 60 per cent, said Singapore-based market research firm Canalys.

Will the Chinese dragon’s run in India mobile market continue?

Will the Chinese dragon’s run in India mobile market continue?

Fri, Jul 27, 2018

The Chinese brands have had a major presence in the unbranded feature phone market for a long time now. Since the advent of Android smartphones, and faced with the decelerated growth prospects in China, Chinese smartphone brands started looking at India seriously.

PM Narendra Modi says India to work with BRICS for Fourth Industrial Revolution

PM Narendra Modi says India to work with BRICS for Fourth Industrial Revolution

Fri, Jul 27, 2018

Indian Prime Minister Narendra Modi on Thursday said that India will work with other member states of the BRICS economic bloc to prepare for the Fourth Industrial Revolution while reiterating India`s commitment to multilateralism, international trade and rule-based world order.

What bubble? China's record-breaking venture capitalists charge ahead

What bubble? China's record-breaking venture capitalists charge ahead

Thu, Jul 26, 2018

"If I put my U.S. lenses on, this is insane," said Edith Yeung, partner at 500 Startups, a California-based venture capital firm. But, she said, the calculus for investors was the sheer size of the Chinese market, noting that the WeChat social media platform had three times more daily users than the population of the United States.

Beware! Investors raising shorts on emerging market currencies

Beware! Investors raising shorts on emerging market currencies

Thu, Jul 26, 2018

Asian currencies have been hobbled in the past two weeks as the U.S. dollar firmed due to more clarity on the Federal Reserve`s rate stance and as trade war ructions caused capital to depart from the region. The number of Americans filing for unemployment benefits dropped to a more than 48-1/2-year low for the week ended July 14 as the labor market strengthens further.

Business optimism in India remains tepid in Q2: Thornton

Business optimism in India remains tepid in Q2: Thornton

Wed, Jul 25, 2018

Business optimism in India remained tepid in the second quarter of this year and the country continues to rank 6th in the global optimism index, says a survey.

Facebook is building 'innovation hub' in China

Facebook is building 'innovation hub' in China

Wed, Jul 25, 2018

Facebook`s application for the China subsidiary in the Zhejiang province was approved on July 18, CNBC reported on Tuesday citing a filing with the country`s National Enterprise Credit Information Publicity System.

Apple supplier LG Display slashes investment plans as losses mount

Apple supplier LG Display slashes investment plans as losses mount

Wed, Jul 25, 2018

LG said it would trim investment by 3 trillion won ($2.7 billion) from what was planned by 2020, without revealing its total or previous capex targets. It also warned that it could adjust production in South Korea and China in response to trade disputes between Washington and Beijing.

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