Page 153 - China

BYD hands back top EV seller title to Tesla after Q1 sales decline

Tesla's decline comes amid softer overall demand and a slowdown in the Chinese market where local rivals led by BYD upped the ante in a price war for buyers

BJP wants to replicate Russia, China like rule, says Farooq Abdullah

The BJP wants to replicate Russia- and China-like rule in the country, National Conference chief Farooq Abdullah claimed on Tuesday and said the INDIA bloc has come forward to safeguard the Constitution, even at the cost of "our lives". He also targeted the Centre over the issue of the Katchatheevu island, handed over to Sri Lanka in the 1970s, and asked why the BJP-led Centre is silent on the "continuous incursion" by China in Ladakh and its claims over land in Arunachal Pradesh. "The INDIA bloc has been formed to safeguard the Constitution because there is apprehension that the Constitution will be finished (by the BJP) The same thing will happen here (in India) as (Russian President Vladimir) Putin and China President (Xi Jinping) are sitting there. They (the BJP) are making attempts as they want to rule the country for life (without any opposition)," Abdullah told reporters. "INDIA will not allow this to happen and protect the Constitution given by (BR) Amdedkar, even at the co

Smartphone giant Xiaomi's EV buyers face up to 7-month wait for car

On Sunday, co-founder and CEO Lei Jun, in a Weibo post said that it would open a second round of sales for the Founder's Edition, though he didn't specify the quantum

Electric vehicle industry continues to lose charge on localisation woes

Poses a hurdle as cells, which account for half the EV price, continue to be imported

China's stock correlation with India reaches record all-time low

The Chinese gauge has more than doubled gains in the Indian measure since February with a push from Beijing's stimulus, while India's rally has cooled on valuation concerns

India, South Korea, and Japan to stay busy with IPOs while China stalls

While IPOs returned to major venues in Europe and the US, the slowdown in Asia was mostly due to Beijing's decision to ramp up scrutiny of domestic new share sales as it tries to boost confidence

Katchatheevu row: PM Modi sharpens attack, Cong asks him to talk on China

DMK President and Chief Minister M K Stalin questioned the BJP's 'sudden love' for fishermen ahead of elections

Govt initiates anti-dumping probe into import of chemical from China, Japan

India has initiated an anti-dumping probe into the import of a chemical used in the rubber industry from China and Japan following a complaint by a domestic player. The commerce ministry's investigation arm Directorate General of Trade Remedies (DGTR) is probing the alleged dumping of 'Insoluble Sulphur'. Oriental Carbon & Chemicals Ltd has filed an application before the authority to undertake a probe into the alleged dumping of the chemicals coming from these two countries. According to the DGTR's notification, the applicant has provided prima facie evidence with respect to the injury suffered by the domestic industry due to the dumped imports. "The authority hereby initiates an anti-dumping investigation into the alleged dumping and consequent material injury to the domestic industry," it said. If it is established that the dumping has caused material injury to domestic players, the DGTR would recommend the imposition of anti-dumping duty on imports. The finance ministry takes

India must focus on manufacturing to compete with China: Jaishankar

To compete with China on the economic front, India should focus on manufacturing, a key sector which was ignored by governments before Prime Minister Narendra Modi came to power in 2014, External Affairs Minister S Jaishankar said on Monday. He noted that tension at the border with China has caused "abnormality" in New Delhi-Beijing relations, and added India's thinking is absolutely clear that unless there is peace and stability in the border areas, the ties between the two Asian powers will not improve. "If we have to compete with China, which we should, then its solution is that we should focus on manufacturing here. Our approach towards manufacturing has changed after Modiji came to power. Before that, people did not give much emphasis on manufacturing," Jaishankar said during his interaction with industry leaders at a programme in Surat. There is no other way to counter China on the economic front, insisted the career diplomat-turned-politician while replying to questions ...

BRI implementation plan discussed with China: Nepal Dy PM Shrestha

Nepal and China have made progress in moving forward with the implementation plan of the Beijing-backed Belt and Road Initiative projects in the Himalayan nation, Deputy Prime Minister Narayan Kaji Shrestha said here on Monday. Shrestha, who is also the Minister for Foreign Affairs, returned home on Monday, after concluding an eight-day official visit to China from March 25 to April 1. He held discussions with Chinese officials on matters relating to giving final shape to the Belt and Road Initiative (BRI) Implementation Plan for its actual implementation. An understanding has already been reached with China regarding the BRI Implementation Plan during the visit of our Prime Minister to China and talks have moved forward during my visit as per the understanding, he said. Under the BRI, Nepal is free to select development projects as per its choice, he added. Responding to a question, he said We prefer grant assistance under the BRI but both options including, grant and loan are op

China releases 4th list of 30 more names for places in Arunachal Pradesh

China has released a fourth list of 30 new names of various places in Arunachal Pradesh amid Beijing's stepped-up assertions in recent weeks to re-emphasise its claim over the Indian state. India has been rejecting China renaming places in Arunachal Pradesh, asserting that the state is an integral part of the country and assigning "invented" names does not alter this reality. The Chinese Ministry of Civil Affairs released the fourth list of standardised geographical names in Zangnan, the Chinese name for Arunachal Pradesh which Beijing claims as part of south Tibet, state-run Global Times reported on Sunday. The official website of the ministry posted 30 additional names for the region. Set to take effect from May 1, the implementation measures stipulate in Article 13 that "place names in foreign languages that may harm China's territorial claims and sovereignty rights shall not be directly quoted or translated without authorisation," the report said. The Chinese Civil Affairs ...

China's factory activity expands at fastest pace in 13 months in March

Citi last week raised its forecast for China's 2024 growth to 5.0 per cent from 4.6 per cent, citing recent positive data and policy delivery

China's SAIC Motor aims to slash jobs at GM, VW ventures, and EV unit

The state-owned automaker hopes to cut 30 per cent of employees at SAIC-GM, 10 per cent at SAIC Volkswagen and more than half at its Rising Auto EV subsidiary, the people said

TCG plans $10 billion oil-to-chemicals project in Tamil Nadu

TCG's investment plans comes amid strong growth for chemicals in India to drive a 7% growth, but also at a time of oversupply in the global petrochemicals business

Japan confirms experts met in China to ease radioactive water concerns

Japan said Sunday its experts have held talks with their Chinese counterparts to try to assuage Beijing's concerns over the discharge of treated radioactive wastewater from the wrecked Fukushima Daiichi nuclear power plant into the sea. The discharges have been opposed by fishing groups and neighbouring countries especially China, which banned all imports of Japanese seafood. China's move has largely affected Japanese scallop growers and exporters to China. During the talks held Saturday in the northeastern Chinese city of Dalian, Japanese officials provided science-based explanation of how the discharges have been safely carried out as planned, according to the Japanese Foreign Ministry. A 2011 earthquake and tsunami damaged the Fukushima plant's power supply and reactor cooling functions, triggering meltdowns of three reactors and causing large amounts of radioactive wastewater to accumulate. After more than a decade of storage in tanks taking up much space on the complex, the pla

China joins probe into terror attack that killed its nationals in Pakistan

Measures pertaining to protection of Chinese nationals and overall security were also discussed in the meeting

China can be a democracy, says former Australian PM Scott Morrison

Morrison, who led Australia from 2018 to 2022, said the Chinese people care just as much about freedom as we do but sadly in mainland China they don't have the opportunity for it

China's property crisis ripples through banks as bad loan ratios creep up

Bank of Communications Co. reported Wednesday that its property bad loan ratio jumped to 4.99 per cent at the end of last year from 2.8 per cent a year earlier

BS Manthan: From trade & startups to China+1, here's what happened on Day 2

At the Business Standard's annual event Manthan, Union Minister Piyush Goyal and industry leaders spoke on various steps India needs to take to transform into 'Viksit Bharat' by 2047

India must not brand itself with China-Plus-One tag: Experts at BS Manthan

There is no decoupling taking place between the West and China, say defence and foreign policy experts at Business Standard summit