Page 104 - China

Weak China demand slows Holiday Inn owner IHG's revenue growth in Q3

IHG's licensing agreement with The Venetian Resort and The Palazzo in Las Vegas will end on Jan. 1, 2025, removing 7,092 rooms or about 0.7 per cent of its system from its portfolio, the owner of the

China holds live-fire drills near Taiwan, week after large-scale exercise

China is holding live-fire drills off the coast of its southern Fujian province facing Taiwan, just a week after a massive air-and-sea drill it called punishment for Taiwan's president rejecting Beijing's claims of sovereignty. The live fire drills were being held near the Pingtan islands off Fujian province from 9 a.m. to 1 p.m., according to a notice from the Maritime Safety Administration. It warned ships to avoid the area. It did not offer additional details. Taiwan's Defense Ministry said China's drills were part of an annual exercise and was tracking them. It cannot be ruled out that it is one of the ways to expand the deterrent effect in line with the dynamics in the Taiwan Strait, the statement added. Taiwan is a self-ruled island that Beijing claims is part of China. Tensions around the issue has flared in recent years. China has increased its presence in the waters and skies around Taiwan. It now increasingly sends large amounts of warplanes and navy vessels in military ..

Taiwan again rejects South African demand to move its representative office

Taiwan has again rejected South Africa's demand that it move its representative office in the country from the capital, Pretoria, to the commercial center of Johannesburg. Taiwan Foreign Ministry spokesperson Jeff Liu said at a news conference on Tuesday that the demand to move or shut the office entirely violated a 1997 agreement between the sides on the location of their mutual representative offices following the severing of formal diplomatic relations. Facing this kind of unreasonable demand, our side cannot grant our acceptance, Liu said. South Africa maintains a liaison office in Taiwan's capital, Taipei, and the sides have a strong commercial relationship. Liu repeated Foreign Minister Lin Chia-lung's avowal at the legislature on Monday that Taiwan was prepared for all eventualities over the issue. The office is Taiwanese property and Taipei retains the right to determine its location and status, Lin and Liu said. China, which claims Taiwan as its own territory that must be

Brics Summit: PM Modi heads to Russia; talks with Putin, Xi likely; updates

The Brics summit, themed 'Strengthening Multilateralism for Just Global Development and Security' this year, aims to foster dialogue on issues ranging from economic cooperation to global security

Fidelity International to slash around five hundred jobs in China: Report

Fidelity International's "centre of excellence" in Dalian supports a wide range of technology, operations and investment needs, according to the company

China parries question on Modi-Xi meeting on margins of Brics summit

China's Foreign Ministry on Monday parried questions on a possible meeting between Prime Minister Narendra Modi and President Xi Jinping on the sidelines of the BRICS summit in Russia this week. "We will keep you posted if anything comes up," Chinese Foreign Ministry spokesman Lin Jian said while replying to a question at a media briefing here. Both Modi and Xi are attending the BRICS Summit in Kazan, Russia, which begins Tuesday. Ahead of Prime Minister Modi's visit to Kazan, Foreign Secretary Vikram Misri said in New Delhi on Monday that Indian and Chinese negotiators have reached an agreement on patrolling along the Line of Actual Control (LAC) in eastern Ladakh. There was no reaction in Beijing to the agreement announced by Misri. The ties between India and China nosedived following the fierce clash in the Galwan Valley in June 2020 that marked the most serious military conflict between the two sides in decades. China last Friday announced that Xi will attend the BRICS Summit

US, Canadian warships sail through Taiwan Strait week after Beijing's games

US and Canadian warships sailed through the Taiwan Strait on Sunday, almost a week after China held massive war games around Taiwan, which Beijing claims as its own territory. The destroyer USS Higgins and the Canadian frigate HMCS Vancouver made a routine transit of the Taiwan Strait meant to uphold the principle of freedom of navigation for all countries, read a statement on Monday by the US Navy's 7th Fleet. The US Navy, occasionally joined by ships from allied countries, regularly transits the sensitive waterway separating China from Taiwan. China condemned the maneuver, saying it undermined peace and stability in the region. The People's Liberation Army's Eastern Theatre Command said it mobilised naval and air forces to monitor the transit of the US and Canadian ships in accordance with the law. The transiting ships navigated through waters where high-seas freedom of navigation and overflight apply in accordance with international law, read the US Navy 7th Fleet statement. T

IEA forecasts surplus oil supply, weak demand from China despite stimulus

China, which has accounted for more than 60 per cent of global oil demand growth in the last decade

Police Commemoration Day 2024: History, significance, and other details

Every year on October 21, India celebrates the Police Commemoration Day to honour the police officers who lost their lives in a battle in 1959 with Chinese troops at Hot Springs, Ladakh

Arunachal's Siang valley dam project on fast track to counter China threat

The project has been facing protests from the local population which fears severe ecological impact because of the construction of the dam.

China's defence budget soars, can India match up with its military might?

As China's military spending surges, the balance of power in the Indo-Pacific has shifted. This has significant implications for India's defence strategy, highlighting the urgent need for an overhaul

Taiwan detects 14 Chinese aircraft, 12 naval vessels around country

The MND further reported that seven aircraft crossed the median line and entered Taiwan's southwestern Air Defence Identification Zone (ADIZ)

US statements on readiness for nuclear talks 'deception': Sergei Lavrov

The call to talk about strategic stability, about control over nuclear weapons without preconditions is a deception, Lavrov said

Slow growth in China raises doubts over 2024 target as concern mounts

China faces headwinds in various sources of demand, in particular - and the government has not opened its purse strings sufficiently to make up for the shortfall

No anti-China activities will be allowed in our territory: Nepal PM Oli

Nepal's Prime Minister KP Sharma Oli said on Sunday that no anti-China activities will be allowed in the country, reaffirming the Himalayan nation's commitment to the 'One China' policy. Oli made the remarks in a meeting with a high-level Chinese delegation led by Chen Jining, a member of the Communist Party of China's Central Committee. The meeting took place at his official residence in Baluwatar, Kathmandu. Reaffirming Nepal's commitment to the One China policy, Oli told the visiting delegation that no anti-China activities would be allowed to operate within Nepal's territory. China claims that the breakaway nation of Taiwan is part of it and makes it mandatory for all the countries having diplomatic ties with it to follow the One China' policy, which effectively states that Taiwan is part of China. During the meeting, Oli also expressed hopes for continued support from China for Nepal's economic development. Talks were also held about strengthening bilateral relations and ...

Taiwan urges China not to undermine its status quo through military threats

MOFA also thanked its allies for addressing China's provocations and showing concern for Taiwan in recent weeks

Will engage with China on matters of global interest: UK foreign secretary

The Foreign Secretary set out that as fellow Permanent Members of the UN Security Council, it is a necessity that the UK and China increase bilateral engagement

Chinese drone maker SZ DJI Tech sues Pentagon for military designation

DJI had unsuccessfully attempted to engage with the defence department for more than 16 months on the issue, a spokesperson for the world's largest maker of consumer drones said on Friday

UK Foreign Secretary Lammy urges China against supporting Russian army

Britain's foreign secretary raised concerns about China's support of Russia in its war against Ukraine on Friday, urging his Chinese counterpart to prevent Chinese firms from supplying to Russia's military in a meeting in Beijing. David Lammy made the comments as he made his first visit by a Cabinet minister to China since the Labour government took control in July. He met Friday with Vice Premier Ding Xuexiang and held talks with Foreign Minister Wang Yi later the same day. The two-day trip is an attempt to reset ties with Beijing after relations turned frosty in recent years over spying allegations, China's support for Russia in the Ukraine war and a crackdown on civil liberties in Hong Kong, a former British colony. While Britain's government stressed that engagement with China was pragmatic and necessary," officials said Lammy raised thorny issues including Russia and human rights concerns in Hong Kong and China's far-western Xinjiang province. Lammy stated how both the U.K. an

China's Q3 GDP shows weakest pace since 2023, backs calls for more stimulus

China's export growth slowed sharply in September while imports also decelerated, undershooting forecasts by big margins and suggesting manufacturers are slashing prices