Page 181 - China

Cambodia inaugurates new Chinese-funded airport serving Angkor Wat

Cambodia on Thursday inaugurated its newest and biggest airport, a Chinese-financed project meant to serve as an upgraded gateway to the country's major tourist attraction, the centuries-old Angkor Wat temple complex in the northwestern province of Siem Reap. The Siem Reap-Angkor International Airport is located on 700 hectares (1,730 acres) of land about 40 kilometers (25 miles) east of Angkor Wat and boasts a 3,600-metre long runway. It can handle 7 million passengers a year, with plans to augment it to handle 12 million passengers annually from 2040. The airport began operations October 16, with the first flight to land coming from neighbouring Thailand. The old airport it replaces was about 5 kilometres from the famous tourist site. Thursday's inauguration was presided over by Prime Minister Hun Manet, Chinese Ambassador to Cambodia Wang Wentian, the governor of China's Yunnan province, Wang Yubo, and other officials. Speaking at the ceremony, Hun Manet said the old airport was

NewsClick case: ED summons US millionaire Neville Singham to join probe

Neville Roy Singham's name first surfaced in a report by The New York Times, which alleged that the US millionaire was involved in spreading Chinese propaganda worldwide.

Joe Biden, Xi Jinping's 'blunt' talks yield deals on military, fentanyl

Biden and Xi met for about four hours on the outskirts of San Francisco to discuss issues that have strained U.S.-Chinese relations

China housing gloom worsens as prices decline further, most in eight years

New-home prices in 70 cities, excluding state-subsidized housing, declined 0.38% last month from September, when they dropped 0.3%, National Bureau of Statistics figures showed

Oil prices fall on big US crude stock build, Asian fuel demand worries

Brent futures fell 28 cents to $80.90 a barrel by 0001 GMT. U.S. West Texas Intermediate crude (WTI) lost 31 cents to $76.35 a barrel.

Biden-Xi meet concludes, both sides to ensure differences remain manageable

The US-China Summit meeting concluded at a sprawling mansion here with Presidents Joe Biden and Xi Jinping agreeing to work towards ensuring that the differences between the two countries remain manageable and the relations do not derail. Meeting in person for the first time in over a year, Biden and Xi spent time together for more than four hours at the Filoli mansion estate in Woodside, about 40 km south of San Francisco, in various settings that included an expanded bilateral, lunch and a walk in the garden of the mansion. Seated across a long table along with their respective delegations, the two leaders, facing each other, underscored that it was in the interest of the two countries to avoid confrontation and instead focus on cooperation The discussions, according to a senior administration, were open, frank, and candid. Biden was able to convey his views and concerns directly to Xi, who is understood to have responded with his own set of arguments. During the meeting, the two

China leads list of labour abusers, detected on fishing vessels worldwide

Hazardous, forced work conditions sometimes akin to slavery have been detected on nearly 500 industrial fishing vessels around the world, but identifying those responsible for abuses at sea is hampered by a lack of transparency and regulatory oversight, a new report concluded. The research by the Financial Transparency Coalition, a Washington, DC-based nonprofit organisation that tracks illicit money flows, is the most comprehensive attempt to date to identify the companies operating vessels where tens of thousands of workers every year are estimated to be trapped in unsafe conditions. The report, published Wednesday, found that a quarter of vessels suspected of abusing workers are flagged to China, whose distant water fleet dominates fishing on the high seas, traditionally lawless areas beyond the jurisdiction of any single country. Vessels from Russia, Spain, Thailand, Taiwan and South Korea were also accused of mistreatment of fishers. Forced labour in the seafood industry is a .

Joe Biden, Xi Jinping to meet at 30th APEC summit today: What to expect?

US President Joe Biden will meet Chinese President Xi Jinping on Wednesday in San Francisco on the sidelines of the 30th APEC summit

BSF recovers China made Quadcopter Drones used in drug smuggling in Punjab

The CAPF intercepted the movement of a suspected drone near the Village Mianwali District of Tarn Taran, following which the BSF troops immediately reached the spot to intercept the drone.

China economy shows sparks of life despite weakness in real estate sector

China's economy showed more signs of reviving in October as retail sales and manufacturing picked up though the property sector remained sluggish, the government said Wednesday. Factory output rose 4.6% from a year earlier in October, while retail sales jumped 7.6%, helped by robust spending during the weeklong National Day holidays. But real estate investment sank 9.3%, and officials acknowledged that the industry was still in the midst of adjustment, after a crackdown on excessive borrowing by developers two years ago, coupled with the pandemic, plunged the industry into crisis. Disruptions to manufacturing, transport, travel and virtually every other aspect of life during the pandemic ended nearly a year ago when China's leaders abandoned their zero-COVID policies aimed at preventing infections. So improved economic data from October also reflect lower rates of growth a year earlier. Overall, China's recovery from the pandemic has been fitful, though recently activity has revive

China claims world's fastest internet with 1.2 terabit-per-second network

The network "is operated based on China's domestically-owned key technologies," the official Xinhua News Agency said in a report carried on Tsinghua's website

Crude oil gains on China economic data, strong demand expectation

Brent futures rose 20 cents, or 0.2%, to $82.67 a barrel by 0427 GMT, while U.S. West Texas Intermediate (WTI) crude rose 15 cents, also 0.2%, to $78.28

India watching outcome of Biden-XI summit very closely: USISPF CEO Aghi

The summit between US President Joe Biden and his Chinese counterpart Xi Jinping here is an important one and key global players like India will be watching its outcome very closely, the head of a top India-centric business and strategic group has said. Mukesh Aghi, CEO of the US-India Strategic and Partnership Forum (USISPF) told PTI that it is important that communication starts between the US and China, the two largest global economies. The much-anticipated summit between Biden and Xi will take place on Wednesday on the sidelines of the Asia-Pacific Economic Cooperation (APEC) summit, which the US is hosting in San Francisco from November 11 to 17. I think the summit is important both from President Biden's perspective and also President Xi's perspective. China is struggling with its economy. There are issues in the growth story, unemployment. And the US is going into an election, and it already has two wars going on, one in the Middle East and one in Ukraine. So, it needs a Chin

Time to tell Xi Jinping to turn back: Congressman Raja Krishnamoorthi

US lawmaker Raja Krishnamoorthi said the economic decline in China has strengthened America's hand in negotiations ahead of the summit between the two countries, and it is time that US President Joe Biden tells his Chinese counterpart Xi Jinping to turn back now. The Biden-Xi bilateral will take place on the sidelines of the Asia-Pacific Economic Cooperation (APEC) summit, which the US is hosting in San Francisco from November 11 to 17. It will be their second face-to-face meeting in a year. Biden and Xi last held an in-person meeting on the margins of the G20 Summit on November 14 in Bali, Indonesia. This is the time we tell Xi Jinping: turn back now. Turn back now from this path that you are on. Keep your promises, compete fairly, stop your genocide, and stop your economic and military aggression, the Indian American Congressman said in his remarks at Johns Hopkins School of Advanced International Studies. We must be clear-eyed, confident, and leading with strength, he ...

Nepal investigating new international airport in Pokhara made by China

Nepal, one of the poorest countries in Asia, had sought to build an international airport in Pokhara since the 1970s in the hopes of turning the city into a tourist destination

China plans to allocate $137 bn of new funds to aid housing market

The outstanding amount of funds lent through the PSL program stood at 2.9 trillion yuan as of October.

China's probe into Foxconn aims to disrupt election in Taiwan: Official

Foxconn is one of the world's largest contract producers of electronics as well as being a key supplier for Apple's iPhones

Huawei and Xiaomi lead China smartphone market's double-digit rebound

Phone sales in the world's biggest mobile market were up 11% in the first four weeks of last month compared to the same period a year ago, according to Counterpoint Research data

iPhone maker Foxconn's profit beats views in sign of resilient demand

Net income in the September quarter came to NT$43.13 billion ($1.3 billion), compared to the average analyst estimate of NT$34 billion

China's support for certain industries poses global 'risk', says Yellen

Yellen added that she discussed China's growth slowdown with APEC, who agreed that it presented 'downside risk to the economic outlook' particularly for APEC nations with strong trade ties to Beijing