Page 132 - China

B'desh to gauge both Indian, Chinese proposals on Teesta project: PM Hasina

Prime Minister Sheikh Hasina said on Tuesday that Bangladesh would gauge proposals from both India and China to build a mega project on the cross-border Teesta River involving a reservoir and accept the better one for her country. Hasina, who visited India last week at the invitation of Prime Minister Narendra Modi, described her trip as "very fruitful" and said the outcome of her talks with India's top leadership will play a "pivotal role" in strengthening the existing bilateral relations and opening new avenues of cooperation. "We undertook the Teesta projects. China has proposed, and so has India. We will evaluate both proposals and accept the one that is most beneficial and acceptable in terms of the interests of our people," the 76-year-old leader said while addressing a press conference here. Asked which side she favoured more as far as India and China were concerned regarding the Teesta Project, Hasina said, "We maintain our friendships based on the developmental needs of our

China Premier Li Qiang warns decoupling will lead to 'destructive spiral'

"Exploration should not be seen as zero-sum game," he added.

Chinese history, for the CCP

Ian Johnson's book offers a lens to view China through the eyes of its people rather than through the party

Copying China's EV model wrong, cautions Bharat Forge's Amit Kalyani

One of India's leading manufacturing multinationals, Bharat Forge, on Tuesday called for a more innovative approach to electric vehicles (EVs) in the country's climate action agenda which is not based on copying China's battery-based model. Addressing India Global Forum's Climate and Business (ClimB) session in London, company vice-chair and joint managing director Amit Kalyani pointed to great potential to incorporate inductive electric charging as the highway infrastructure takes shape around the country. He highlighted that the higher price tag of EVs is largely down to the cost of the batteries and having an alternative model will have a significant impact on sales of the more environmentally-friendly mode of transport. "I believe that we are all following the wrong model because everybody is copying what China did and is using the Chinese template for electric vehicles, which is a battery-based electric model, said Kalyani. "Most countries like India, where we are building ...

US probing Chinese telecom cos over risks to American data privacy

The companies -- China Mobile, China Telecom and China Unicom -- have a small presence in the United States, providing cloud services and routing wholesale US internet traffic

OpenAI to block tools access to developers in China from July: Report

The Microsoft Corp-backed startup sent memos about the impending move to developers in several locales, according to screenshots posted on social media

Chinese, Japanese coast guard ships in standoff near disputed islands

The islands, referred to as the Senkakus in Japan and the Diaoyus in China, are claimed by both countries

China's Prez Xi continues his drive to purify PLA, instill loyalty

Xi took CMC members and department heads to visit revolutionary relics at Wangjiaping, where the CMC's headquarters was stationed

China hits back at West's over-capacity allegations in EVs, batteries

Li also said on Tuesday that he was confident the world's second-largest economy would hit its full-year economic growth target of around 5 per cent

China's BYD launches third EV in Japan, unveils most expensive model

The expansion of BYD, which stands for Build Your Dreams, in Japan could become a worry for domestic automakers

Taiwan detects 17 aircraft, 8 vessels as tensions with China escalate

This development reflects ongoing tensions between Beijing and Taipei over issues of sovereignty and regional security

Rich Chinese spend millions on Shanghai's luxury property, defying crisis

Shanghai's luxury real estate market is a bright spot in China's bleak property sector

Hedging Chinese EV makers get costly with imminent tariffs from EU

After the US said in May it was planning to nearly quadruple tariffs, the European Union this month notified companies including BYD and Geely it will slap levies

Canada to start consultation to impose surtax on Chinese electric vehicles

Canada's government is investigating whether to impose a surtax on imports of Chinese-made electric vehicles. A 30-day consultation on the issue will begin on July 2 to counter what Deputy Prime Minister Chrystia Freeland said Monday is a clear effort by Chinese companies to generate a global oversupply. Canada's move comes weeks after both the United States and the European Commission announced plans to impose higher import tariffs on Chinese EVs this summer. Our automotive sector supports nearly 550,000 good paying Canadian jobs, Freeland said. Canadian workers and the auto sector are facing unfair competition from China's intentional state directed policy of overcapacity that is undermining Canada's EV sector ability to compete in domestic and global markets. The consultation will seek input on what is driving China's surging EV exports, including unfair market practices as well as labor and environmental standards. In addition to a surtax, the consultation will consider whethe

Bet on these stocks to mint money on your friend's big fat Indian wedding

An average Indian couple spends around 2x on weddings versus education (pre-primary to graduation), according to the Jefferies note, which is in sharp contrast to countries such as the United States

DGTR for continuation of duty on some steel pipes from China, Vietnam

The commerce ministry's investigation arm DGTR has recommended the continuation of countervailing or anti-subsidy duty on welded stainless steel pipes and tubes from China and Vietnam to guard domestic players. In a notification, the Directorate General of Trade Remedies (DGTR) has said that there is a likelihood of injury to the domestic industry in the event of cessation of present countervailing duty on the imports from these two nations. "The authority has reached a conclusion that the duty imposed on subject goods is required to be extended further...The authority recommends extension of countervailing duties on imports of the product under consideration," the DGTR has said. The directorate has recommended a duty of up to 29.88 per cent on the product. The finance ministry takes the final decision to impose this duty. In its probe, the DGTR has concluded that in case of cessation of anti-subsidy duty, the domestic industry is likely to incur financial losses. Chinese produce

Fire at South Korean battery unit kills 22, mostly Chinese migrant workers

A fire likely sparked by exploding lithium batteries swept through a manufacturing factory near South Korea's capital on Monday, killing 22 mostly Chinese migrant workers and injuring eight, officials said. The fire began after batteries exploded while workers were examining and packaging them at the second floor of the factory in Hwaseong city, just south of Seoul, at around 10:30 am, fire officials said, citing a witness. They said they would investigate the cause of the blaze. The dead included 18 Chinese, two South Koreans and one Laotian, local fire official Kim Jin-young told a televised briefing. He said the nationality of one of the dead couldn't be immediately verified. In the past few decades, many people from China, including ethnic Koreans, have migrated to South Korea to seek jobs. Like other foreign migrants from Southeast Asian nations, they often end up in factories or in physically demanding and low-paying jobs shunned by more affluent South Koreans. Kim also one .

Taiwan detects 23 Chinese military aircraft, 7 naval ships around island

In response, Taiwan sent aircraft and naval ships and deployed coastal-based missile systems

Leader of Nato member Poland visits China, hopes to talk Ukraine with Xi

Poland's President Andrzej Duda is in China on a visit that brings the leader of a NATO member to a country that has backed Russia in its full-on invasion of Ukraine. I am trying to maintain friendly relations with China, Poland has always had decent relations with China and I would like that to be continued," Duda said in an interview on private Radio Zet on Friday. He was scheduled to meet with Chinese leader Xi Jinping on Monday and has said peace in Ukraine will be discussed. Asked if he believes that China is holding a key to peace in the Russia-Ukraine conflict, Duda said: I think that to a large degree, yes. While China says it is neutral in the fighting, it has blamed NATO's expansion for provoking Russian President Vladimir Putin into launching the invasion and has maintained robust trade and diplomatic relations with Moscow. Poland borders Ukraine and has provided refuge for those fleeing the fighting and maintained a hard line against further expansion of Russian ...

China, European Union agree to hold talks on move to impose EV tariffs

Earlier this month, the EU announced plans to impose levies as high as 48% on EVs shipped from China as of July, fueling trade tensions with the Asian nation