Page 10 - China

Xi asks officials to enhance governance, prioritise national security

Chinese President Xi Jinping has directed officials to enhance the governance and high-quality development in the country's border areas prioritising national security and social stability. It is essential to prioritise national security and social stability as the bottom-line requirement for governance in border areas, Xi said while presiding over a group study session of the Political Bureau of the Communist Party of China on Monday. He said it is essential to uphold the party's overall leadership in all aspects and throughout the entire governance process in border areas. "No border area shall be left behind in advancing Chinese modernisation," he was quoted as saying by the state-run Xinhua news agency Tuesday. In recent years, China has been focussing on the development of border areas in Tibet along India and Bhutan borders by establishing hundreds of well-developed villages. Tibet had built more than 600 well-off, high-standard border villages, with accessible roads, accord

China arrests former agriculture minister Tang Renjian for corruption

The case, which has been concluded by the National Supervisory Commission, is being further processed

Rockwell Automation betting on turning India into manufacturing hub

After utilising India's strengths in IT and software for its global operations, Rockwell Automation is betting on turning India into an important manufacturing hub, a senior company official has said. The US-headquartered automation major has started work on a factory in Chennai that will get commissioned in two phases, its president for Asia Pacific region Scott Wooldridge told PTI on the sidelines of the company's automation fair here. "both for software development and for manufacturing, we see India is going to be a very important hub for Rockwell," Wooldridge said at a time when the country is trying to increase the contributions of the manufacturing industry in the overall economy. The company had taken initial steps on manufacturing in the country about two years ago and the Chennai plant will be an extension of the same, he added. It can be noted that many global companies have been looking at the 'China plus one' strategy, which aims to reduce the reliance on India's north

China sends largest naval fleet in decades, threat level severe: Taiwan

Scale of current Chinese naval deployment was largest since China held war games around Taiwan ahead of 1996 Taiwanese presidential elections, Taiwan defence ministry said

China's exports fall, imports decline in November falling below forecasts

China's exports slowed in November and its imports declined, falling below forecasts and underscoring potential weakness in trade at a time when its leaders are striving to boost the economy after the shocks of the COVID-19 pandemic. Customs data Tuesday showed exports grew 6.7 per cent from a year earlier, down from a 12.7 per cent increase in October. Analysts had estimated that exports had risen more than 8 per cent. Imports fell 3.9 per cent from a year earlier, reflecting weak demand from industries and consumers. With exports outpacing imports, China's trade surplus rose to USD 97.4 billion. The report came a day after Beijing pledged to loosen monetary policy and provide more support for the world's No. 2 economy. US President-elect Donald Trump has threatened to slap tariffs of 60% or more on imports of Chinese goods, complicating Beijing's efforts by threatening an area of the economy that has performed relatively well while the property sector remains in the doldrums and

UNSC 'united on Syria'; US, Russia emphasise territorial integrity

Russia has diplomatically shielded its ally Assad during the war, casting more than a dozen vetoes at the Security Council, on many occasions backed by China

First agreement under Taiwan-US trade initiative to come into force today

United States Trade Representative Katherine Tai said the first agreement under the 21st Century Trade initiative that will come into force covers areas including anti-corruption

China, Hong Kong stocks surge at open on Beijing's stimulus promise

Authorities will also step up "unconventional" counter-cyclical adjustments, focusing on expanding domestic demand and boosting consumption

Only grant projects accepted in Belt and Road Initiative: Nepali Congress

The Nepali Congress, which is part of the ruling coalition, on Monday said that the country can only accept agreements under the Belt and Road Initiative (BRI) if they are based on grants. A meeting of the party's Central Working Committee held at the residence of party president and former prime minister Sher Bahadur Deuba said that the BRI projects should not be financed through loans. The party's statement came days after Prime Minister K P Sharma Oli visited China where the two countries signed the BRI Cooperation Framework. Following the meeting, Nepali Congress spokesperson Prakash Sharan Mahat told the media that the party's position remains unchanged BRI projects should be funded only by grants. Mahat said that during Prime Minister Oli's visit to China, the agreement for financing was referred to as an assistance and not a loan. He said any future BRI projects must follow this framework and be funded through grants. Nepal Foreign Secretary Amrit Bahadur Rai inked the ...

China targets Nvidia with antitrust probe, escalating US chip tensions

The investigation comes after the US last week launched its third crackdown in three years on China's semiconductor industry

Chess Championship: Gukesh loses to Liren in 12th game; both tied at 6 pts

Indian challenger D Gukesh lost the 12th game against defending champion Ding Liren of China to allow his opponent bounce back and level the World Chess Championship match on six points each here on Monday. The 18-year-old Gukesh was ahead by one point after he notched his second win of the match on Sunday, which came after seven consecutive draws, but Liren's win on Monday brought the things on an even keel. The two players are now tied at 6 points each with just two games left in the 14-round classical format match, still shy of 1.5 points in order to win the title. If a tied result happens after 14 rounds, there will be games under faster time control to determine the winner. The remaining two games will be played on Wednesday and Thursday, after rest day on Tuesday. The 32-year-old Liren had won the opening game before Gukesh emerged victorious in the third game. The second, and the fourth to 10th games were drawn.

China to adopt proactive fiscal policy to spur economic growth in 2025

President Xi Jinping, at a symposium on Dec. 6, urged full preparation to achieve 2025 economic targets, and said the country's current development faces many challenges

China regulators tell banks to speed up offshore listings to boost economy

The closed-door meetings and their details, which have not been reported previously, mark a strategic change for China after it framed rules for offshore fundraisings in March 2023, tightening

Taiwan raises alert as China deploys naval ships in possible drills

Such zones are temporarily reserved and allocated for a particular user during a set period, though other flights can pass through with permission from controllers, according to international rules

Young people in China evade video game ban, face growing troubles

In China, strict regulations limit children under 18 to just one hour of online gaming on specified days

China's solar equipment industry looks to Opec for guide to survival

The accord comes as China's solar industry contends with overcapacity, heightened geopolitical tensions and slowing demand

China's consumer inflation hits five-month low in Nov as new risks arise

World's second-largest economy is bracing for likely fresh tariffs from a second Donald Trump White House and still dealing with other headwinds, suggesting more policy stimulus will be needed

Taiwan detects 14 Chinese vessels, 7 military aircraft around its territory

Of the seven People's Liberation Army (PLA) aircraft, six aircraft crossed the median line of the Taiwan Strait and entered Taiwan's north, southwestern Air Defence Identification Zone (ADIZ)

Taiwan detects 15 Chinese aircraft, 8 naval vessels around its territory

In response to China's action, Taiwan sent aircraft and naval ships and deployed coastal-based missile systems to monitor PLA activity

Preparing for SR dialogue, other meetings: India on next steps with China

Both India and China are preparing for the special representatives' dialogue and other meetings to deliberate on the next steps for the management of the Line of Actual Control (LAC), New Delhi said on Friday. The comments by Ministry of External Affairs (MEA) spokesperson Randhir Jaiswal came a day after India and China held talks under the framework of the Working Mechanism for Consultation and Coordination (WMCC) on border affairs in New Delhi. In their first diplomatic talks under the WMCC dialogue mechanism since withdrawing troops from two face-off points, India and China on Thursday reflected on the lessons learnt from the eastern Ladakh border row in order to prevent such conflicts in the future. Preparations are on for a meeting of the special representatives, Jaiswal said at his weekly media briefing while replying to a question. "We also talked about the foreign secretary-level meeting. So once these meetings take place, we will be discussing the next steps, and then you