Business Standard

Thursday, January 09, 2025 | 12:26 PM ISTEN Hindi

Notification Icon
userprofile IconSearch

Page 6 - China

China rebuffs Trump threat over Panama Canal; says it should remain neutral

China Monday backed Panama President Jose Raul Mulino's assertion of his country's sovereignty over the Panama Canal against US President-elect Donald Trump's threat to regain control of it if the central American country doesn't stop charging "exorbitant prices" to US ships and naval vessels. The 82-km Panama Canal cuts across the central American nation and is the main link between the Atlantic and Pacific oceans. If shipping rates are not lowered "we will demand that the Panama Canal be returned to us, in full, quickly and without question, Trump told a crowd of supporters in Arizona on Sunday. His remarks prompted a quick rebuke from Mulino, who said, "every square metre" of the canal and surrounding area belongs to his country. Panama's sovereignty and independence were non-negotiable, BBC quoted Mulino as saying. Asked for her comments at a media briefing here, Chinese Foreign Ministry spokesperson Mao Ning referred to Mulino's assertion of Panama's sovereignty. The Panama

China rebuffs Trump threat over Panama Canal; says it should remain neutral
Updated On : 23 Dec 2024 | 9:08 PM IST

Many Americans rely on Chinese-made drones, lawmakers want to ban them

Russell Hedrick, a North Carolina farmer, flies drones to spray fertilisers on his corn, soybean and wheat fields at a fraction of what it would cost him to use a conventional ground spreader. As a volunteer rescuer, Hedrick uses thermal drones to search for people trapped by mudslides and cargo drones to send water and baby formula to those who are stranded something he did after Hurricane Helene. Now he is fretting that one day he will have to ground his drone fleet. Most commercial drones sold in the United States, including those used by Hedrick, are made in China. They have become a target of US lawmakers, who see the dominance of Chinese drones not only as an espionage threat but as a commercial threat because they make it nearly impossible for American manufacturers to compete. It's another front in the US-China economic and technological competition that's likely to intensify with the return to the White House in January of Republican Donald Trump, who has promised to get .

Many Americans rely on Chinese-made drones, lawmakers want to ban them
Updated On : 23 Dec 2024 | 2:42 PM IST

Taiwan's Legislative Yuan faces 1 mn monthly cyber attacks from China

The Legislative Yuan, is the highest legislative organ,which exercises legislative power on behalf of the people

Taiwan's Legislative Yuan faces 1 mn monthly cyber attacks from China
Updated On : 23 Dec 2024 | 9:46 AM IST

Taiwan detects 2 Chinese military aircraft, 7 vessels near its territory

These repeated patterns of escalated manoeuvres by China around Taiwan have raised concerns over regional stability

Taiwan detects 2 Chinese military aircraft, 7 vessels near its territory
Updated On : 23 Dec 2024 | 9:13 AM IST

Honda-Nissan merger talks driven by challenges in China's auto market

The surging popularity of electric and hybrid vehicles made by BYD Co. and others has erased the leading position that Japan's automakers once enjoyed

Honda-Nissan merger talks driven by challenges in China's auto market
Updated On : 23 Dec 2024 | 7:38 AM IST

Stop fabricating false narratives: China slams Pentagon report on PLA

The Chinese military has denounced a recent Pentagon report alleging corruption is denting PLA's modernisation, saying the report "desperately slandered" the Chinese military and "exaggerated" the military threat posed by China. Reacting to the Pentagon's report to the US Congress titled "Military and Security Developments Involving the People's Republic of China" released recently, the Chinese Defence Ministry accused Washington of fabricating false narratives against the People's Liberation Army (PLA). The report "misinterpreted China's defence policies, speculated about China's military capacity development, flagrantly interfered in China's domestic affairs, desperately slandered the Chinese military and exaggerated the so-called military threat posed by China, Defence spokesperson Zhang Xiaogang said on Saturday. China "strongly deplores and firmly opposes" all these statements, Zhang was quoted as saying by the state-run Xinhua news agency. Zhang said that for over 20 years, t

Stop fabricating false narratives: China slams Pentagon report on PLA
Updated On : 22 Dec 2024 | 6:55 PM IST

UK's shadow minister Priti Patel wants China on national security risk list

Britain's shadow foreign secretary Priti Patel on Sunday called for China to be placed high up on the list of countries that pose a national security risk to the UK. The 52-year-old Indian-origin frontline member of the Opposition Conservative Party led by Kemi Badenoch pointed with concern to the recent scandal engulfing an alleged Chinese spy gaining access to Buckingham Palace circles through Prince Andrew the younger brother of King Charles III. She attacked the Labour Prime Minister Keir Starmer and his Cabinet for prioritising trade ties with China over national security. It's clearly complicated legislation, but China should always be up there, Priti Patel told The Sunday Times' in an interview when asked if China should be placed on a proposed Foreign Influence Registration Scheme. The list is designed to compel all those working for overseas powers to declare their lobbying to avert any security risks. We're dealing with an extraordinary regime that for over a decade, qui

UK's shadow minister Priti Patel wants China on national security risk list
Updated On : 22 Dec 2024 | 4:25 PM IST

Taiwan detects 11 Chinese military aircraft, 6 vessels near island

According to Radio Free Asia, this shipment is part of a larger order of 122 tanks expected over the next two years. While the M1A2T is regarded as one of the most advanced main battle tanks globally

Taiwan detects 11 Chinese military aircraft, 6 vessels near island
Updated On : 22 Dec 2024 | 9:54 AM IST

COP 29 backtracks to address climate crisis in Tibetan Plateau due to China

China has also built major dams on Tibet's major rivers to block access to water to downstream countries

COP 29 backtracks to address climate crisis in Tibetan Plateau due to China
Updated On : 21 Dec 2024 | 2:18 PM IST

US' commerce dept asks Nvidia to probe how chips ended up in China

The chip giant has asked big distributors such as Super Micro Computer and Dell Technologies to conduct spot checks of their customers in Southeast Asia, the report said

US' commerce dept asks Nvidia to probe how chips ended up in China
Updated On : 20 Dec 2024 | 10:33 PM IST

China's Xi swears in Macao's new leader, urges economic diversification

Chinese President Xi Jinping urged the casino hub of Macao to diversify its economy as he swore in the former Portuguese colony's new government on Friday at an event marking the 25th anniversary of its handover to China. New Chief Executive Sam Hou Fai Macao's first leader born in mainland China vowed to address the territory's unbalanced and uncoordinated economic development. Since its 1999 handover, the city of 687,000 has transformed from a monopoly-driven gambling enclave into the world's largest gaming hub, drawing hordes of tourists from mainland China. The casino boom has improved living standards, but authorities are concerned that the semi-autonomous city's economy is unhealthily dependent on the industry. Some young people say the tourism-dominated economy has limited their career options and the city's diversified development. Critics say years of easy money from tourists have discouraged local businesses from innovating and improving, with many residents rely on ...

China's Xi swears in Macao's new leader, urges economic diversification
Updated On : 20 Dec 2024 | 12:42 PM IST
Updated On : 20 Dec 2024 | 8:26 AM IST

How policymakers are split over attracting Chinese investment into India

The latest Economic Survey said, India has to find the right balance between importing goods from China and importing capital (FDI) from China

How policymakers are split over attracting Chinese investment into India
Updated On : 19 Dec 2024 | 11:42 PM IST

How is China achieving record harvests despite reducing fertiliser use?

China has reduced fertiliser use for eight consecutive years since 2015 and yet the country's agricultural output has steadily increased with 2024 grain production hitting a historic high

How is China achieving record harvests despite reducing fertiliser use?
Updated On : 19 Dec 2024 | 4:18 PM IST

Behind Honda and Nissan tie-up, existential threat posed by Chinese EVs

Like other foreign carmakers, both Honda and Nissan have lost ground in China

Behind Honda and Nissan tie-up, existential threat posed by Chinese EVs
Updated On : 19 Dec 2024 | 2:54 PM IST

China tightens oversight of foreign accounting firms' domestic operations

Foreign accounting organisations are subject to "supervision and management" by the authorities including the finance ministry and public securities bureau

China tightens oversight of foreign accounting firms' domestic operations
Updated On : 19 Dec 2024 | 12:30 PM IST

Corruption may hinder Chinese military modernisation goals, says Pentagon

Since last year, China's military has undergone a sweeping anti-corruption purge

Corruption may hinder Chinese military modernisation goals, says Pentagon
Updated On : 19 Dec 2024 | 11:17 AM IST

Toxic work culture in China; employees forced to lie on floor, eat chillies

A video of a Chinese firm forcing employees to lie on the floor to respect seniors went viral on social media. Watch the video here

Toxic work culture in China; employees forced to lie on floor, eat chillies
Updated On : 19 Dec 2024 | 11:16 AM IST

Apple in talks with Tencent, ByteDance to roll out AI features in China

Apple's discussions with Tencent and ByteDance on using their AI models are at a very early stage

Apple in talks with Tencent, ByteDance to roll out AI features in China
Updated On : 19 Dec 2024 | 10:33 AM IST

US considers ban on China's TP-Link over security concerns: Report

The US Cybersecurity and Infrastructure Agency said TP-Link routers had a vulnerability that could be exploited to execute remote code

US considers ban on China's TP-Link over security concerns: Report
Updated On : 19 Dec 2024 | 9:12 AM IST