Page 184 - China

China's factory activity 'unexpectedly' contracts in October: Caixin PMI

The Caixin/S&P Global manufacturing PMI fell to 49.5 in October from 50.6 in September, marking the first contraction since July and missing analysts' forecasts of 50.8 by a large margin

China factory activity unexpectedly shrinks in Oct, dents recovery momentum

The non-manufacturing PMI also fell to 50.6 last from 51.7 in September, indicating a slowdown in activity in the vast service sector and construction

Israel's name disappears from digital maps in China, says report

As the battle inside the tiny Hamas-ruled Palestinian territory intensified, Israeli Prime Minister Benjamin Netanyahu dismissed international calls for a halt to the fighting

Canada bans messaging platforms WeChat, Kaspersky on government devices

China's foreign ministry said the Canadian government had issued a ban on Chinese enterprises without any real evidence, under the guise of maintaining data security

Remains of ex-Chinese premier Keqiang to be cremated, flags to be lowered

The remains of former Chinese Premier Li Keqiang are to be cremated on Thursday, with flags around the country to be flown at half-staff to mourn the official who helped guide the world's second-largest economy for a decade. Li died Friday of a heart attack at 68. Mourners gathered at his childhood home in the city of Hefei in an apparently spontaneous outpouring of grief seen by some as a rebuke of state leader and head of the ruling Communist Party Xi Jinping. Li was once seen as a potential top leader, but the trained economist was shunted aside in a leadership shakeup last year and replaced with Xi loyalist Li Qiang. Even before then, Xi had consolidated power and sidelined potential rivals with an anti-corruption campaign and by altering the constitution to allow himself to rule indefinitely. Xi has also thoroughly reshuffled economic and financial leadership positions and set up an entity called the Central Financial Commission in moves that are seen as shifting power from oth

China's spy agency vows crackdown on weather stations with foreign links

Foreign embassies and research groups gather weather data in China, activity that becomes more important as the nation deals with bouts of extreme weather such as flooding in the Beijing area

China's manufacturing activity returned to contraction in Oct, shows data

Policymakers have since June unveiled a raft of measures to shore up growth, including modest interest rate cuts, increased cash injections and more aggressive fiscal stimulus

'Might is Right' has no place in maritime order: Rajnath takes dig at China

The approach of 'might is right' has no place in maritime order and fair rules of engagement are crucial for collaboration and ensuring that no country dominates others in a hegemonic manner, Defence Minister Rajnath Singh said on Monday against the backdrop of China's muscle-flexing in the Indo-Pacific region. In an address at the Goa Maritime conclave, he said "narrow immediate" interests may tempt nations to flout or disregard the well-established international law, but doing so would lead to the breakdown of civilised maritime relations. Singh emphasised that common maritime priorities need to be addressed cooperatively by avoiding "selfish interests" that make the region less secure and less prosperous, adding that "adherence to international laws and agreements must be our lodestar." The defence minister, delving into challenges in the Indian Ocean region as well as in the Indo-Pacific, underlined the importance of respecting the international maritime laws as enunciated in th

China's falling aid to Pacific islands increasingly goes to allies: Report

China's declining aid to the South Pacific is increasingly targeted toward its political allies in the region as appetite there for Chinese credit declines and competition grows with the U.S. for influence, an independent Australian think tank reported Tuesday. Chinese overall economic influence among the 14 aid-dependent island nations in the region is losing ground because of better loan deals being offered by U.S. allies, especially Australia, the Sydney-based Lowy Institute said in its annual analysis of aid to the region. Focus on the strategic competition in the South Pacific has heightened since China struck a security pact with the Solomon Islands last year that raised the prospect of a Chinese naval foothold in the region. China has increased aid to the Solomons and neighboring Kiribati since they switched diplomatic allegiances to Beijing from self-ruled Taiwan in 2019, the report said. The United States has sought to counter Chinese influence in the region with additiona

At China's military forum, Russian minister accuses US of fueling tensions

Russian Defence Minister Sergei Shoigu said Monday the United States is fuelling geopolitical tensions to uphold its hegemony and warned of the risk of confrontation between major countries. Speaking at a defence forum in Beijing, Shoigu also said the US and its Asia-Pacific allies are undermining stability in the region. To maintain its geopolitical and strategic dominance, the United States is deliberately undermining the basis of international security and strategic stability, Shoigu said, according to a simultaneous translation provided at the Xiangshan Forum, which China's biggest annual event centered on military diplomacy. He added that the US and its Western allies are threatening Russia through NATO's eastward expansion. Western countries aim to escalate the conflict with Russia and increase the risk of major country confrontation, he said. This will lead to serious consequences. Turning to Russia's war in Ukraine, Shoigu said Moscow was open to negotiations if conditions

Best of BS Opinion: Time to 'phase up' on oil production, BRI & more

Here is the best of Business Standard's opinion pieces for today

BRI: Ten years after

The world struggles to counter its influence

Foxconn's Terry Gou continues presidential bid for Taiwan amid China woes

At a religious event on Sunday in Taipei, Gou repeated his stance that the Taiwanese people don't want war with China. But there, too, he didn't address Foxconn's China woes

US willing to fight China on behalf of Philippines, after collision: Prez

"The United States defence agreement with the Philippines is ironclad. Any attack on the Filipino aircraft, vessels or armed forces will invoke our mutual defence treaty with the Philippines."

Li Keqiang, China's diminished former premier, dies of heart attack at 68

Li Keqiang's term as premier coincided with the first 10 years of Xi Jinping's reign as China's president and top party leader

Li Keqiang: Former Chinese Premier and Xi critic dies at 68

Former Chinese premier Li Keqiang has died of a heart attack aged 68. Watch the video to know about him

Chinese jet came within 10 feet of B-52 bomber over South China Sea: US

A Chinese fighter jet came within 10 feet of an American B-52 bomber flying over the South China Sea, nearly causing an accident, the U.S. military said, underscoring the potential for a mishap as both countries vie for influence in the region. In the night intercept, the Shenyang J-11 twin-engine fighter closed on the U.S. Air Force plane at an uncontrolled excessive speed, flying below, in front of, and within 10 feet of the B-52, putting both aircraft in danger of a collision, the U.S. Indo-Pacific Command said in a statement released late Thursday. We are concerned this pilot was unaware of how close he came to causing a collision, the military said. China's Ministry of Foreign Affairs did not immediately respond to a request for comment, but in a similar incident in May, the Chinese government dismissed American complaints and demanded that Washington end such flights over the South China Sea. China has been increasingly assertive in advancing its claims on most of the South .

Li Keqiang, former Chinese Premier and economist, has died at the age of 68

Former Premier Li Keqiang, China's top economic official for a decade, died Friday of a heart attack. He was 68. Li was China's No. 2 leader from 2013-23 and an advocate for private business but was left with little authority after President Xi Jinping made himself the most powerful Chinese leader in decades and tightened control over the economy and society. CCTV said Li had been resting in Shanghai recently and had a heart attack on Thursday. He died at 12:10 a.m. Friday. Li, an English-speaking economist, was considered a contender to succeed then-Communist Party leader Hu Jintao in 2013 but was passed over in favor of Xi. Reversing the Hu era's consensus-oriented leadership, Xi centralized powers in his own hands, leaving Li and others on the party's ruling seven-member Standing Committee with little influence. As the top economic official, Li promised to improve conditions for entrepreneurs who generate jobs and wealth. But the ruling party under Xi increased the dominance of

Hamas says almost 50 Israeli hostages killed since Israel strikes began

The United States put forward a draft resolution on Saturday as global outcry grew over a worsening humanitarian crisis and mounting civilian death toll in Gaza

US, China seek to ease strained ties, prepare for possible Biden-Xi summit

In the midst of two active and potentially world-changing conflicts in the Middle East and Europe, the US is hoping to find at least a small measure of common ground with China as China's top diplomat visits Washington this week. Over three days of meetings that begin Thursday, top Biden administration officials, including possibly the president himself, will press Chinese Foreign Minister Wang Yi on the importance of China stepping up its role on the world stage if it wants to be considered a responsible major international player. Secretary of State Antony Blinken and Biden's national security adviser, Jake Sullivan, are both expected to urge China to play a constructive role in both the Israel-Hamas and Russia-Ukraine wars. Those meetings could set the stage for a summit between President Joe Biden and Chinese President Xi Jinping next month on the sidelines of an Asia-Pacific Economic Cooperation forum leaders gathering in San Francisco. The U.S. has been disappointed with China