Page 146 - China

Huawei Technologies net profit surges 564% as it eclipses Apple in China

"Industry and global markets will remain rife with uncertainty for rest of 2024. Nevertheless, we are continuously building out mechanisms for global business continuity and agile operations," co said

India biggest importer of seaborne Russian crude in April, beats China

India's appetite for Russian oil revives as cheaper Venezuelan supplies dry up after the US again imposes sanctions on Latin American nation

China's three astronauts return to earth after six months in space

China's Shenzhou-17 spacecraft returned to Earth Tuesday, carrying three astronauts who have completed a six-month mission aboard the country's orbiting space station. The three, Tang Hongbo, Tang Shengjie and Jiang Xinlin, landed at the Dongfeng site in north China's Inner Mongolia Autonomous Region in the Gobi desert shortly before 6:00 pm (1000 GMT). It comes roughly four days after the Shenzhou-18 mission docked with the station with their three-member replacement crew onboard. China built its own space station after being excluded from the International Space Station, largely because of US concerns over the Chinese military's total control of the space programme amid a sharpening competition in technology between the two geopolitical rivals. This year, the Chinese station is slated for two cargo spacecraft missions and two manned spaceflight missions. China's ambitious space programme aims to put astronauts on the moon by 2030, as well as bring back samples from Mars around the

India 'shocked' as Elon Musk's surprise China visit leaves them spurned

India's pained reaction highlights the increasing rivalry between India and China, Asia two largest countries by population and among the region's most dynamic economies

China emerges as a hub for 369 unicorns; AI and semiconductor sectors lead

Chinese unicorns command an impressive average valuation of US$3.8 billion, with AI unicorns leading the pack at an average valuation of US$6.76 billion

China's factory activity expands for 2nd month, shows sign of recovery

The factory gauge offers encouragement to Chinese policymakers who are relying on the country's industrial producers to offset weak domestic demand

IMF boosts Asia's growth forecast to 4.5% this year on China, India

The latest data has taken into account the higher forecast for India published earlier this month and China's pace, on the back of expectations that government stimulus will boost growth

Tesla wins data security clearance after Musk's surprise visit to China

The data security tests included how a vehicle collects "sensitive personal information" and whether a driver can easily stop a car from collecting data

China's top Covid-19 vaccine scientist expelled from Parliament for graft

China's top scientist, who developed the first inactivated COVID-19 vaccine at the height of the pandemic in the country in 2020, has been dismissed from Parliament for alleged corruption. Yang Xiaoming, the chairman of China National Pharmaceutical Group's vaccine subsidiary China National Biotec Group (CNBG), has been stripped of his membership in the National People's Congress (NPC) due to serious discipline and law violations, official media reported here on Monday. The charge of serious discipline and law violations is a common euphemism for corruption under the ruling Communist Party of China (CPC) disciplinary practice. Yang, 62, is a veteran researcher who headed the CNBG - a vaccine subsidiary of state-owned Sinopharm - and led a team that developed Sinopharm's BBIBP-CorV vaccine, China's first coronavirus shot approved for general use. Coronavirus first surfaced in the Chinese city of Wuhan in March 2020 and later spread to the world, becoming the pandemic of the century

China set to launch Chang'e-6 robotic spacecraft to 'dark' side of moon

Chang'e-6 will rely on a relay satellite orbiting the moon for communication with the earth, and the mission involves an ascent from the moon's 'hidden' side during the return journey

Baidu and Tesla agree on mapping deal for FSD in China, says report

As part of the deal, Baidu would also provide its lane-level navigation system to Tesla, they said

China firms go 'underground' on Russia payments as banks pull back

The US has imposed an array of sanctions on Russia and Russian entities since the country invaded Ukraine in 2022

China's share in industrial goods imports jump to 30% from 21%: GTRI

With increasing India's dependence on Chinese industrial goods like telecom, machinery and electronics, Beijing's share in New Delhi's imports of such goods rose to 30 per cent from 21 per cent in the last 15 years, a report said. According to the report by the economic think tank Global Trade Research Initiative (GTRI), the growing trade deficit with China is a cause of concern, and the strategic implications of this dependency are profound, affecting not only economic but also national security dimensions. From 2019 to 2024, India's exports to China have stagnated at around USD 16 billion annually, while imports from China have surged from USD 70.3 billion in 2018-19 to over USD 101 billion in 2023-24, resulting in a cumulative trade deficit exceeding USD 387 billion over five years. The Indian government and industries must evaluate and potentially recalibrate their import strategies, fostering more diversified and resilient supply chains, GTRI founder Ajay Srivastava said. This

Elon Musk heads to China in a surprise visit after postponing India visit

According to Reuters, Tesla, since 2021, has stored all data collected by its Chinese fleet in Shanghai as required by Chinese regulators and has not transferred any, back to the United States

Xi Jinping meets Antony Blinken, seeks US-China partnership over rivalry

Xi Jinping noted some progress since his meeting with US President Joe Biden, but stressed on continued efforts and addressing outstanding concerns

China says talks on Tibet only with representatives of Dalai Lama

China on Friday said it will talk only with the representatives of the Dalai Lama and not the officials of the Tibetan government in exile based in India but ruled out dialogue on the highest Tibetan Buddhist spiritual leader's long-pending demand for autonomy for his remote Himalayan homeland. Foreign Ministry spokesperson Wang Wenbin was reacting to reports of the back-channel talks between the Tibetan government-in-exile and the Chinese government when he said China regards the Tibetan government-in-exile based in Dharamshala as a separatist bloc. The so-called Xizang's government-in-exile is a completely separatist political bloc. It is totally against the Chinese Constitution and laws. It is illegal, Wang told a media briefing here. No country has recognised it. On Thursday, Sikyong or the political head of Tibet's government-in-exile, Penpa Tsering, told a visiting group of journalists in Dharamshala, India, We have had back-channel (engagement) since last year. But we have no

Chinese marine research ship back in Maldivian waters after two months

Xiang Yang Hong 03 was docked at the Thilafushi industrial island's harbour on Thursday morning, news portal Adhadhu.com reported on Friday

China launches 3-member Shenzhou-18 crew to its Tiangong space station

The Shenzhou-18 spacecraft, along with its three passengers, launched atop a Long March-2F rocket from the Jiuquan Satellite Launch Centre in northwest China on Thursday

India-Philippines defence ties should not harm third party: Chinese PLA

China's military on Thursday reacted guardedly to the delivery of BrahMos supersonic cruise missiles by India to the Philippines, saying that security cooperation between the two countries should not harm the interest of any third party and harm regional stability. India delivered the first batch of the BrahMos missiles over two years after it signed a USD 375 million deal with the Philippines to supply the weapon systems. "China always believes that defence and security cooperation between countries should not harm the interest of any third party and should not harm regional peace and stability, Chinese Defence Ministry spokesman Sr. Co. Wu Qian told a media briefing here when asked for his comment on the delivery of BrahMos missiles by India to the Philippines. At the same time, Wu sharply criticised the US for deploying medium-range ballistic missiles in the Philippines this month amid the escalation of hostilities between China and the Philippines over their South China Sea ...

Tibetans call on India, other nations to press Beijing over Panchen Lama

The Tibetan government-in-exile on Thursday called on India and other democratic nations to press Beijing to divulge the whereabouts of Panchen Lama Gedhun Choekyi Nyima and allow an independent fact-finding commission to examine his disappearance in China nearly 29 years ago. The demand was made at a grand event held in this Himachal Pradesh town commemorating the 35th birth anniversary of Choekyi Nyima who disappeared just three days after the Dalai Lama declared the then six-year to be the reincarnated Panchen Lama. A joint statement issued by leading Tibetan leaders called on foreign governments and the UN to direct their ambassadors in China to meet with the 11th Panchen Lama and ascertain his whereabouts and wellbeing. The Panchen Lama is the second most important figure in Tibetan Buddhism. "Our most pressing concern is whether the Panchen Rinpoche is still alive or not," said Penpa Tsering, the Sikyong or political head of Tibet's government-in-exile, in presence of hundred