Page 159 - China

WTO meeting: India, SA oppose China-led investment facilitation proposal

Two developing countries say there is no consensus on proposal and it can't be included in outcome document of ministerial conference

Modi govt trying to boost space startups in bid to close gap with China

"Everything will be defined: What can be done, what restrictions there will be, authorization processes, vendor policy, supply chain management and other factors," Goenka said in an interview

China broadens legislature on state security to include 'work secrets'

China's top legislative body passed the revised Law on Guarding State Secrets on Tuesday, Xinhua state news agency reported. It will take effect from May 1

China's Premier Li Qiang urges stronger economic, trade ties with US

"Strengthening economic and trade cooperation is a win-win situation for both countries," Li told the delegation led by Chamber of Commerce chief Suzanne Clark

India slowly gaining electronics export market foothold from China: Study

The impact is most pronounced in the UK and US, where geopolitical tensions with China have increased in recent years

China's Country Garden gets winding-up petition in Hong Kong from creditor

The first hearing date is scheduled for May 17 at Hong Kong's High Court, after Ever Credit Ltd. filed its so-called winding-up petition dated Tuesday

Kedaara set to raise raising $1.7 billion for India's biggest PE fund

About 80% of the fund will come from backers of Kedaara's previous funds and 20% will come from new ones that include US- based Cleveland Clinic and the University of Minnesota

PC, laptop imports from China surged by 11.3% to $276 million in December

In December, China's share increased to 89.4 per cent in total shipments of the items to India compared to 76.4 per cent share during April-December period of FY24

Chinese research ship departs from shores of Maldives after a week: Report

A 4,500-tonne high-tech Chinese research vessel which made a port call here last week has left the shores of the Maldives, local media reports said on Wednesday. Officially, the Chinese vessel Xiang Yang Hong 3 was here to "make a port call, for the rotation of its personnel and replenishment." Xiang Yang Hong 03 has returned to the boundary of the Maldives' Exclusive Economic Zone (EEZ) after docking in Male on February 22. However, despite departing from the Male harbour, tracking sites have shown the vessel's last signal near Hulhumale' two days ago, news portal Adhadhu.com said. Hulhumale is less than 10 kms northeast of Male. The vessel had docked on February 23 in Thilafushi, about 7.5 kms to the west of Male. The vessel is expected to have turned off tracking systems, which it also did en route to Male' on January 22 when it was in the Java Sea off the coast of Indonesia, it reported. The news portal also provided some details about the type of vessel Xiang Yang Hong 03. Th

Country Garden faces liquidation petition for not paying loan term facility

The move comes after China Evergrande Group, the world's most indebted property developer, was ordered to be liquidated by a Hong Kong court in late January

India calls China-backed IFD proposal at WTO as non-trade issue: Official

As per the WTO, the Investment Facilitation for Development (IFD) Initiative, was originally launched in the spring of 2017 by a group of developing and least-developed WTO members

Alibaba leads largest financing deal to mint $2.5 billion China AI firm

Alibaba joins Tencent Holdings Ltd. and Silicon Valley peers like Microsoft Corp. in placing big bets on generative AI, the technology that powers ChatGPT

PM Narendra Modi reveals names of astronauts picked for Gaganyaan mission

India will become only the fourth country after the United States, Russia, and China to conduct such a mission

Corporate affairs ministry probing Chinese cos linked to mobile loan apps

The corporate affairs ministry is probing various Chinese companies, especially those with links to loan apps, for alleged violations and some of the investigations are at an advanced stage, according to a senior official. In recent times, Indian authorities have been cracking down on entities that are operating loan apps illegally and the ministry has also been acting against companies and related individuals for hiding beneficial ownership. The senior official told PTI that enquiries by the ministry are going on against various Chinese companies, especially those linked to loan apps, and some of the enquiries are at an advanced stage. The ministry, which is implementing the companies law, is mainly looking at whether frauds have been committed at these companies and some of the cases are being probed by the Serious Fraud Investigation Office (SFIO), the official said. Further, the official said that the ministry receives complaints from the Reserve Bank of India (RBI) and the ...

47 Chinese companies cancel IPO plans as watchdog tightens listing rules

"Under high-pressure regulation, the number of IPO (initial public offering) withdrawals reached a new high," securities broker Shenwan Hongyuan said in a note

China quietly scrubs ousted defense minister Li Shangfu from website

Picked for the defense minister job in early 2023, Li was ousted from his role without explanation in October. He was stripped of his state councilor title and membership in the government's CMC

Alibaba discloses Chinese govt ownership in over 12 of its business units

The filings come as China's ruling Communist Party said this month that it will play a bigger role in steering the country's technology and science development

Jack Ma-backed Ant outbids Citadel Securities for Credit Suisse's China op

UBS is struggling to attract interest in the unit from global firms because of escalating geopolitical tensions, a crackdown on bank data flows and the struggling economy

China hits back at US, EU, UK for Russia-related curbs on its firms

On Friday, the Biden admin announced new trade curbs on 93 entities from Russia, China, Turkey, UAE, Kyrgyzstan, India and South Korea for supporting Russia's war effort in Ukraine

China's anti-graft body to probe corruption in Belt and Road Initiative

President Xi Jinping's Belt and Road Initiative under which China doled out billions of dollars of investments will for the first time come under the scanner of the country's anti-graft body amid allegations of corruption and the projects turning into debt traps for small and medium countries like Pakistan and Sri Lanka. Fighting corruption related to the Belt and Road Initiative (BRI) will be among the priorities for the Central Commission for Discipline Inspection's work report for 2024 (CCDI), the ruling Communist Party of China's (CPC) powerful anti-graft body, the Hong Kong-based South China Morning Post reported. The CCDI report released on Sunday stressed the need to eradicate the breeding grounds for corruption, deepen the system reforms and strengthen the institutions for discipline inspection and supervision, and enhance the organisational development of Party discipline inspection commissions and supervision agencies, state-run Xinhua news agency reported. The report, whi