Page 175 - China

Hong Kong leader praises election turnout as voter numbers hit record low

Hong Kong leader John Lee on Tuesday praised the 27.5 per cent voter turnout in the city's weekend election, a record low since the territory returned to Chinese rule in 1997. Sunday's district council election was the first held under new rules introduced under Beijing's direction that effectively shut out all pro-democracy candidates. The turnout of 1.2 million voters has indicated that they supported the election, they supported the principles, Lee said at a news conference. It is important that we focus our attention on the outcome of the election, and the outcome will mean a constructive district council, rather than what used to be a destructive one, he said. Sunday's turnout was significantly less than the record 71.2 per cent of Hong Kong's 4.3 million registered voters who participated in the last election, held at the height of anti-government protests in 2019, which the pro-democracy camp won by a landslide. Lee said there was resistance to Sunday's election from ...

China's children battling pneumonia shows dangers of drug resistance

An outbreak of walking pneumonia, normally a mild infection, struck millions of children in the second half of 2023, creating Covid flashbacks and raising fears about another novel pathogen

As Xi visits Vietnam, China offers rail grants, pushes digital silk road

China is ready to offer grants to Vietnam to boost the railway between Kunming and the Vietnamese port city of Haiphong, and other transport links from southern China to Hanoi

After US curbs, Tencent and small chip designers chase Nvidia's China crown

Nvidia commands as much as 90% of China's $7 billion market for chips used to process enormous amounts of data to develop AI software

China brokered peace talks to de-escalate northeast fighting: Myanmar govt

Myanmar's military government confirmed Monday that it has been holding talks, brokered by China, with representatives of an alliance of ethnic minority armed groups against which it is engaged in fierce combat in the country's northeast. Fighting has been raging in northern part of Shan state since the Arakan Army, the Myanmar National Democratic Alliance Army and the Ta'ang National Liberation Army, calling themselves the Three Brotherhood Alliance, launched a coordinated offensive on Oct. 27. Their attacks have posed the greatest battlefield challenge to Myanmar's military rulers since the army seized power from the elected government of Aung San Suu Kyi in February 2021. Much of the fighting is along Myanmar's border with China, blocking cross-border trade and raising concern in Beijing. It also threatens further political destabilization of Myanmar, a strategic ally of China that is already tangled in civil war in many parts of the country. The alliance's offensive sparked ...

HTX theft: Crypto exchange suffers a $258 million net outflow after hack

HTX said it lost $30 million worth of crypto tokens in the breach and temporarily suspended withdrawals and deposits following the attack

Voter turnout below 30% in Hong Kong's first elections after new rules

Voter turnout plunged below 30 per cent in Hong Kong's first district council elections since new rules introduced under Beijing's guidance effectively shut out all pro-democracy candidates, setting a record low since the former British colony returned to Chinese rule in 1997. According to official data on Monday, 27.5 per cent of the city's 4.3 million registered voters cast ballots in Sunday's polls significantly less than the record 71.2 per cent who participated in the last elections held at the height of anti-government protests in 2019. The pro-democracy camp won those polls in a landslide victory, in a clear rebuke of the government's handling of the protests. Beijing loyalists are expected to take control of the district councils after Sunday's elections, with partial returns showing big pro-government parties gaining more seats than independent candidates and smaller parties. The district councils, which primarily handle municipal matters such as organizing construction ..

Cipla unit recalls one lot of medication in US due to seal integrity issue

Drug major Cipla on Sunday said its subsidiary is voluntarily recalling one lot of medication in the US due to seal integrity issues. InvaGen Pharmaceuticals Inc, USA, is voluntarily recalling one lot of Vigabatrin for Oral Solution, USP (500 mg), at the consumer level due to seal integrity issues, allowing for powder leakage from the pouch, the Mumbai-based drug maker said in a regulatory filing. An improper seal in the pouch may lead to the leakage of powder blend outside the pouch, resulting in a lower content of medicine inside the pack compared to the label claim and potential underdosing, it added. The population at risk is primarily infants and young children, Cipla said. In those patients, there is a reasonable probability that inaccurate dosing might result in a serious adverse effect, such as intoxication or breakthrough seizures, requiring medical intervention, it stated. For a small minority of patients, who might have severe or repeated breakthrough seizures, a drop i

China proposes trading cost cuts for mutual funds, to regulate commissions

Analysts say the new rules would help brokerages with strong trading and research capabilities to win commissions

Hong Kong holds first 'patriots only' local elections after overhaul

Residents went to the polls on Sunday in Hong Kong's first district council elections since an electoral overhaul was implemented under Beijing's guidance of patriots administering the city, effectively shutting out all pro-democracy candidates. Turnout is expected to be much lower than in the last elections, held at the height of the 2019 anti-government protests. Some pro-democracy voters, dismayed by the drastic rule changes, including the elimination of most directly elected seats, are turning their backs on the polls. Members of the League of Social Democrats, one of the city's remaining pro-democracy political parties, had planned to stage a small protest to express their discontent over the electoral rule changes. But their members were arrested by the police after being stopped and searched, the group said. The police said three people were arrested on suspicion of intending to incite others to disrupt the elections, but did not provide names. The final turnout in the vote

China may achieve circular economy in EV batteries before EU, US: Study

Researchers have predicted that China could achieve a circular economy in electric vehicle batteries before Europe and the US. They said that 2059 onwards, China will be able to employ recycling to meet its own demand for primary lithium for electric vehicles, obtained through mining. However, Europe and the US will not achieve this feat until after 2070, the scientists from the University of Mnster, Germany, said. They conducted an analysis to find when the demand for the three most important raw materials for batteries -- lithium, cobalt and nickel - could be met entirely through recycling in Europe, the US and China and when a completely circular economy would be possible in this segment in these regions. The research team has published its findings in the journal Resources Conservation and Recycling. With regards to cobalt, the researchers found that China would be able to meet its needs through recycling after 2045, at the earliest, whereas in Europe and the US, this would no

Hong Kong holds first district council elections since electoral overhaul

Residents went to the polls on Sunday in Hong Kong's first district council elections since an electoral overhaul was implemented under Beijing's guidance of patriots administering the city, effectively shutting out all pro-democracy candidates. Turnout is expected to be much lower than in the last elections, held at the height of the 2019 anti-government protests. Some pro-democracy voters, dismayed by the drastic rule changes, including the elimination of most directly elected seats, are turning their backs on the polls. The final turnout will be a barometer of public sentiment toward the patriots-only system, the new political order under the Hong Kong government's crackdown on dissidents following the 2019 protests the most concerted challenge to Beijing since the former British colony returned to China's rule in 1997. China promised the semi-autonomous territory could retain its Western-style liberties for 50 years under the one country, two systems framework. But that promise

LIVE: Cong holds meeting to review party's performance in Assembly polls

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China's LandSpace Technology pulls off 2nd methane-fueled rocket launch

The rocket, ZQ-2, took off at 7:39 a.m. Saturday Beijing time from the Jiuquan Satellite Launch Center in the northwestern Gobi Desert, the company said in a statement

BSF recovers made-in China drone near in Punjab's Ferozepur district

As per the information from the press note, the recovered drone is a Quadcopter (Model - DJI Mavic 3 Classic, made in China)

Can't compare India & nations with high per capita emissions: European Parl

Clubbing India with emitters like China and the US is completely unacceptable as its per capita emissions are "very low", a senior official of the European Parliament said on Saturday. Talking to PTI at the UN climate talks here, Peter Liese, a German politician and a member of the European Parliament, emphasised: "Indian people should be able to own a car when people in Germany own two cars." There have been concerted attempts to club India with major emitters like the US at climate negotiations despite its low per capita emissions. "It is very important to acknowledge for everybody that per capita emissions of the UAE, China and the US... they are very different from India. "Many people in Europe put China and India in the same basket and sometimes even with the Gulf states which is completely unacceptable. India has very low per capita emissions compared to these countries," he said. India's per capita carbon dioxide emissions rose by around five per cent last year to reach 2 .

India has a 2-3 yrs window to attract cos moving out of China: Subrahmanyam

India has a two-to-three-year window to capitalise on the global strategy of de-risking from China and the government needs to be very alert to come up with a set of policies that make the shift of businesses to India attractive and easier, NITI Aayog CEO Subrahmanyam said on Friday. Addressing CII Global Economic Policy Forum 2023, Subrahmanyam further said India is in a sweet spot due to the outcome of geopolitics and the fact that the country has a young working-age population. "So I think, in the next 15 to 20 years time span, India has an opportunity in manufacturing. But the opportunity and the window for India is at best two to three years, because supply chains are unwinding, they're becoming shorter, and they're looking for new geographies. "This is going to be a two-three year phenomenon, and then supply chains will get frozen," he said. Subrahmanyam pointed out that it is not just non-Chinese companies but even Chinese companies which want to move out of China because of

China, EU divide starkly apparent in post-summit news conferences

From trade to human rights, the leaders of China and the European Union differed on a wide range of issues at a summit this week in the Chinese capital. China, which sees Europe as an important export market, raised concerns about trade protectionism and de-risking, the EU initiative to reduce its reliance on any one country such as China for vital raw materials and products. The EU, which sees imports from China as a potential threat to companies and jobs, pressured China on its large trade surplus with Europe and its de facto support for Russia in the war in Ukraine. Separate post-summit news conferences on Thursday evening highlighted the divergent positions. Wang Lutong, the director general for European affairs, spoke to journalists at China's Foreign Ministry. Then EU Commission President Ursula von der Leyen and EU Council President Charles Michel held a joint news conference at the European Union office in Beijing. TRADE IMBALANCE VON DER LEYEN: If you just look at the

Taiwan intelligence says China leadership discussed election interference

Beijing has repeatedly called the DPP dangerous separatists and urged Taiwanese to make the "right choice". The DPP's presidential candidate, Lai Ching-te, is leading in the polls

Apple to move key iPad engineering resources to Vietnam: Report

Apple suppliers including Luxshare and Foxconn also invested in the Southeast Asian country earlier this year to further diversify production away from China