Page 121 - China

China's Evergrande subsidiary raises prospects for offshore creditors

Creditors of the Evergrande units - including Evergrande itself, if there are outstanding loans - must report details of money owed before creditor meetings

Chinese EV maker BYD eyes state incentives for Mexico manufacturing plant

Mexico's federal government, under pressure from the US, is keeping Chinese automakers at arm's length

China opens anti-subsidy probe into imported dairy products from EU

China will examine 20 subsidy schemes from across the 27-strong bloc, specifically those from Austria, Belgium, Croatia, Czech Republic, Finland, Italy, Ireland, and Romania, it said in a statement

China's Xiaomi beats Q2 revenue estimate, reveals auto unit sales

For the three months ending in June, Xiaomi's revenue rose 32 per cent to 88.9 billion yuan, beating the 85.8 billion yuan estimated by analysts, according to LSEG

Amid China threat, India and Japan to update 2008 security cooperation pact

India and Japan held a fresh edition of their 2+2 dialogue on Tuesday, amid China's increasing muscle-flexing in the Indo-Pacific region

China has cut permits by nearly 80% for new coal power plants: Greenpeace

Greenpeace East Asia project lead Gao Yuhe said wind and solar expansion has been strong as coal building slows, but that it was unclear what slowdown meant for use of the carbon-intensive fossil fuel

Indonesia seeks ways to balance local industries with high Chinese imports

A flood of Chinese products into Indonesia has hit local manufacturers hard, prompting the government to look for ways to placate domestic producers while avoiding angering the country's biggest trading partner. Garment makers both home-based piece work producers and factories have appealed for help as they lose market share to low-cost apparel and textiles from China. A surge of products bought online has added to the problem. A protest by workers in Jakarta prompted Indonesian Minister of Trade Zulkifli Hasan to announce in July that the government will impose import tariffs of up to 200% on some products from China, particularly textiles, clothing, footwear, electronics, ceramics and cosmetics, to try to protect local businesses and prevent layoffs. The United States can impose a 200% tariff on imported ceramics or clothes, so we can do it as well," Zulkifli said, to ensure micro, small, and medium-sized enterprises and industries survive and thrive. But China is Indonesia's .

Local manufacturing will offer 25K cr annual opportunity for vendors: ICRA

Currently, India imports nearly 50 per cent of its component requirement (by value) from suppliers based out of China, Japan, and South Korea, among others

China's July fuel oil imports fall for third straight month: Customs data

The import volumes included purchases under ordinary trade, which are subject to import duty and consumption tax, as well as imports into bonded storage

Taiwan launches live-fire missile drills as China ramps up military threats

Taiwan's military launched surface-to-air missiles in live-fire drills conducted Tuesday in response to growing military pressure from China. The exercises took place at the Jiupeng Military Base in a remote area in southern Taiwan. Among the missiles launched were Taiwan's domestically made Sky Bow III anti-ballistic missiles along with the US-made Patriot PAC II and surface-to-air Standard missiles. China claims the democratically ruled island of Taiwan as its own territory, to be brought under its control by force if necessary and ramped up its military threat in recent years. Beijing in particular dislikes Taiwan's new President Lai Ching-te, who took office earlier this year and whom Beijing has called a separatist. Taipei has boosted its deterrence capabilities in response. Missiles, both domestically built and US-made, are key to its defence strategy. Defence Ministry spokesperson Sun Li-fang said all the missiles launched Tuesday hit their targets. This shows our training

China plans to increase $406 bn social security fund to aid ageing society

Fund, which was established in 2000, is 'strategic reserve fund for social security needs during the peak period of population aging and the ballast of my country's social security system,' Ding said

China approves 11 nuclear reactors worth $31 billion across five sites

China has more nuclear reactors under construction than any other nation in the world

China leaves key lending benchmarks unchanged, in line with expectations

China surprised markets by cutting major short- and long-term interest rates in July, its first such broad move in almost a year, signalling policymakers' intent to strengthen economic growth

China, Vietnam sign 14 deals from rail to crocodiles after leaders meet

The meeting signals the close ties between the two communist-run neighbours

China's biodiesel producers seek new outlets for export as EU tariffs bite

"With hefty prices of UCO partly supported by strong U.S. and European demand, and free-falling product prices, companies are having a tough time surviving," said Gary Shan

Chinese, Philippine ships collide in disputed water, both sides trade blame

China's coast guard accused the Philippines of deliberately crashing one of its ships into a Chinese vessel early Monday near Sabina Shoal, a new flashpoint in the increasingly alarming territorial disputes between the countries in the South China Sea. Two Philippine coast guard ships entered waters near the shoal, ignored the Chinese coast guard's warning and deliberately collided with one of China's boats at 3:24 a.m., a spokesperson said in a statement on the Chinese coast guard's website. Philippine authorities did not immediately comment on the encounter near the disputed atoll in the Spratly Islands, where overlapping claims are also made by Vietnam and Taiwan. The Philippine side is entirely responsible for the collision, spokesman Gan Yu said. We warn the Philippine side to immediately stop its infringement and provocation, otherwise it will bear all the consequences arising from that. Gan added China claimed indisputable sovereignty over the Spratly Islands, known in Chine

China's faltering growth revives cash vouchers talk to fulfill targets

Rising inflation was attributed to bad weather rather than stronger domestic demand, a jump in imports reflected frontloaded chip purchases before expected U.S. technology curbs

Will be tough for Alibaba, Tencent, JD.com to grow without Beijing's help

Chinese tech firms may look to invest heavily in artificial intelligence, despite unique challenges

Taiwan boosts efforts to stop Chinese boats from operating across borders

Taiwan's CGA said that all illegal fishing vessels have been expelled and added that there were no violations despite concerns

Chinese stock exchanges to stop releasing data on overseas fund flows

That's because the country's stock exchanges will stop releasing daily data on overseas fund flows starting Monday, depriving investors of a key sentiment indicator to track the $8.3 trillion market