Page 8 - China

China's factories seek to Trump-proof their business by going global

Factory bosses also acknowledged that their attempts to Trump-proof their businesses are vulnerable to the whims of his trade policies

China spikes incursions into Taiwan; 10 aircraft, 7 naval vessels detected

According to the MND, of the 10 People's Liberation Army (PLA) aircraft, four crossed the Taiwan Strait median line in the country's northern, central and southwestern ADIZ

NSA Doval, China's Wang Yi to discuss solutions to boundary question on Wed

NSA Doval is India's Special Representative on the India-China boundary question and Wang Yi, Member of the Political Bureau of the Communist Party of China (CPC) Central Committee

Trump team plans sweeping rollback of Biden's EV, emissions policies

The recommendations, which have not been previously reported, come as the US electric-vehicle transition stalls and China's heavily subsidized EV industry continues to surge

China to boost household income with direct support, social security steps

Policymakers are weighing inclusion of more products in high demand and with potential for replacement in the scheme, as this programme had a "very good" effect this year, it added, without stating

EU imposes new sanctions on Russia, illicit oil shipments, targets China

The EU began adding ships this year in response to an increase in the number of vessels transporting cargoes that are not regulated or insured by conventional Western providers. The listing included

Stop whitewashing mistakes, turn the knife inward: Xi to Chinese officials

Chinese President Xi Jinping, who continues to crack the corruption whip on the ruling Communist Party and the military officials, asked the cadre to turn the knife inwards, stop whitewashing mistakes and carry the anti-graft campaign without any mercy. Since he came to power in 2012, Xi made the anti-corruption campaign the main plank of his governance model. Official media accounts say over a million party officials, including two defence ministers and dozens of military officials, were punished and prosecuted in the campaign. In his speech delivered at the plenary session of the Central Commission for Discipline Inspection (CCDI) in January this year, contents of which were released for the first time on Sunday by party theoretical magazine Qiushi, 71-year-old Xi has called on cadres to confront corruption head-on so that interest groups cannot prey on the Party. Xi said all party members must deeply promote the party's self-revolution referring mainly to the fight against ...

China to optimise use of special bonds for economic recovery next year

China has said local governments will be allowed to use special bonds to purchase unused land and support the purchase of existing commercial housing for use as affordable housing

China's Instagram-like Xiaohongshu making inroads with e-commerce sales

Xiaohongshu, sometimes compared to Instagram, has long been one of China's most important marketing tools

We must win back market share, rethink strategy: Mercedes-Benz labour chief

Mercedes-Benz Cars sold 1.46 million cars in the first nine months of this year, down 4.3% from the same period of 2023

China's industrial output rises, weak consumption pressures economy

China's industrial output grew 5.4 per cent in November year-on-year, up from the 5.3 per cent pace seen in October

EAM Jaishankar calls for balanced India-China ties for mutual benefit

External Affairs Minister S Jaishankar on Sunday said it is in interest of both India and China to "reach an equilibrium", but the problem is "we are still grappling with short-term" and right now, short-term will focus on de-escalation. An agreement was recently firmed up between India and China on patrolling and disengagement of troops along the Line of Actual Control (LAC) in eastern Ladakh, a breakthrough to end the over four-year standoff. The move marked a significant development in the pursuit of reduced tension along the LAC in eastern Ladakh since the fierce clash in the Galwan Valley in June 2020 that marked the most serious military conflict between the two sides in decades. The ties between the two Asian giants had nosedived following the clash. "It is in interest of both countries to reach an equilibrium. And, conceptually it's difficult to do, because both are changing in an absolute terms, and vis-a-vis the world, so it's very complex equation. The world is changing,

Taiwan must invest in asymmetric weapons, warfare, says US military expert

The report compared military equipment sold to Taiwan during US President-elect Donald Trump's first term in office and US President Joe Biden's current term

Taiwan reports 4 Chinese aircraft, 6 naval vessels near its territory

Of the 4 People's Liberation Army (PLA) aircraft, 2 aircraft crossed the median line of the Taiwan Strait, according to Taiwan's MND

Maldivian Airlines adds 4 new China routes as Indian tourists' number falls

Beginning January 2025, the airline will operate flights to Beijing, Shanghai, Chengdu, and Xi'an

China keen to invest $1 billion in Pakistan to establish medical city

A Chinese business delegation has met with President Asif Ali Zardari here and expressed interest in investing USD 1 billion to establish a medical city in Pakistan, according to a media report. Pakistan has held strong bilateral relations with China which has supported it through many investments and development projects such as the China-Pakistan Economic Corridor project which was termed as a lifeline for the country's economy. The delegation of Chinese investors during a meeting with Zardari on Thursday outlined their plans to invest USD 1 billion into creating the medical city in Karachi's Dhabeji Economic Zone which is outside Pakistan's biggest city and financial hub. The medical city would be Pakistan's first fully integrated pharmaceutical and medical ecosystem. Korangi Association of Trade and Industry (KATI) which is tasked with the running of the Dhabeji Economic Zone said in a statement that the pledge by the Chinese investors is an example of the growing economic ties

Taiwan detects 17 Chinese aircraft, 5 naval vessels near its territory

In response to the PLA's activities, the MND initiated war-preparedness drills at strategic locations across the island

China's yuan eases after remarks at key economic meeting fail to inspire

China's 10-year and 30-year sovereign bond yields fell over 4 basis points each to record lows of 1.7650 per cent and 1.9950 per cent, respectively

Asian shares fall, long-dated Treasuries prepare for worst week in a year

It has been a week of rate cuts from Switzerland, Canada and the European Central Bank, which had rate differentials working in the favour of the US dollar

China look forward to $1 billion investment in Pakistan's healthcare sector

President Zardari met with a delegation led by the Chinese Consul General Yang Yundong at Bilawal House in Karachi, where he called for greater Chinese investment in Pakistan's various sectors