Page 2 - China

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

Hong Kong's IVF rules send people into black market for eggs, embryos

At a time Hong Kong is trying to reverse one of world's lowest birth rates, residents seeking to have a baby outside of traditional means are running into strict rules on fertility treatments

Indian Ambassador to China calls on COAS General Upendra Dwivedi: Army

They also deliberated upon various aspects related to the relations between the two countries and issues related to strengthening our defence preparedness

Taiwan's leader calls on China to avoid threats ahead of expected drills

Taiwan's President Lai Ching-te called on China to open its arms rather than raise its fists as he wrapped up his first overseas tour since taking office in May. His remarks at a press conference Friday in Palau, a Pacific Island nation, came in response to widespread speculation that China will hold military drills around Taiwan in response to his trip. No matter how many military exercises and warships and aircraft are used to coerce neighbouring countries, they will not be able to win the respect of any country, he said. The president spoke a day after China's Foreign Ministry announced sanctions Thursday on 13 American companies and six executives in response to recently announced weapons sales to Taiwan. Taiwan and China split in 1949 during a civil war that saw the victorious communists take control in Beijing and the Nationalists setting up a rival government in Taiwan, an island of 23 million people about 160 kilometers off China's east coast. China's long-ruling Communist

China's ban on high-tech materials could impact industries, economy

China has banned exports of key materials used to make a wide range of products, including smartphones, electric vehicles, radar systems and CT scanners, swiping back at Washington after it expanded export controls to include dozens of Chinese companies that make equipment used to produce advanced computer chips. Both sides say their controls are justified by national security concerns and both accuse the other of weaponising trade. Analysts say the latest restrictions could have a wide impact on manufacturing in many industries and supply chains. Critical mineral security is now intrinsically linked to the escalating tech trade war, Gracelin Baskaran and Meredith Schwartz of the Center for Strategic International Studies, wrote in a report on Beijing's decision. The full impact will depend partly on whether US industries can compensate for any loss of access to the strategically important materials, equipment and components. Here's why this could be a tipping point in trade confli

Activists warn of China's growing influence on culture, free speech in US

China's government is intensifying its campaign to reshape cultural identity and history of it's minority ethnic groups and political dissidents, with these efforts now extending to American soil

Taiwan detects 16 Chinese military aircrafts, 13 vessels near its territory

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

Trump appoints former Senator David Perdue as US ambassador to China

President-elect Donald Trump said Thursday he is choosing former Sen David Perdue of Georgia to be ambassador to China. Trump said in a social media post that Perdue, a former CEO, brings valuable expertise to help build our relationship with China. Perdue pushed Trump's debunked lies about electoral fraud during his failed bid for Georgia governor. Perdue lost his Senate seat to Democrat Jon Ossoff four years ago and ran unsuccessfully in a primary against Georgia Gov Brian Kemp. Economic tensions will be a big part of the US-China picture for the new administration. Trump has threatened to impose sweeping new tariffs on Mexico, Canada and China as soon as he takes office as part of his effort to crack down on illegal immigration and drugs. He said he would impose a 25% tax on all products entering the country from Canada and Mexico, and an additional 10% tariff on goods from China, as one of his first executive orders. The Chinese Embassy in Washington cautioned earlier this wee

India beats China in green investments; deals worth $2.4 bn completed in Q3

The momentum is being driven by India's push to build out local clean energy capacity to limit reliance on China, and the prospects of becoming an exporter of the technologies

Number of billionaires in China falls to 427 following economic slowdown

The number of billionaires in China fell to 427 in 2024 from last year's 520 following the slowdown in the economy, Switzerland-based multi-investment bank UBS said on Thursday. The total wealth of these billionaires decreased by 20 per cent to about USD 1.4 trillion highlighting the impact of economic slowdown on the world's second largest economy on the once flourishing private sector. Plagued by the crisis in the property sector and turmoil in financial markets, the list of China's rich with assets of USD one billion shrank by 132 while 42 new billionaires were minted and three moved away, the UBS report said. Many of the billionaires we have in China are relatively new in the context of total wealth, said Benjamin Cavalli, head of strategic clients at UBS Global Wealth Management. Compared to other markets, such as the US or Europe, where the total wealth is on an average higher per billionaire, those in China are often hovering near USD one billion, Cavalli said. So, whenever

Global cos to be affected by Trump's tariffs on Canada, Mexico, China

Chinese EV maker BYD has been scouting for locations to build a plant in Mexico but has said repeatedly that the factory will serve the domestic market

India's steel imports from China hit record high, latest data shows

China, the world's biggest steel producer, shipped 1.7 million metric tons of finished steel to India during April-October, a 35.4 per cent increase year-on-year, the data showed

Huawei working overtime to meet 'excessive' demand for Mate 70 smartphones

HarmonyOS NEXT is the Android-free version of Huawei's operating system that began testing this year