Page 197 - China

China's arms exports facing decline due to defective quality: Analysts

According to the Stockholm International Peace Research Institute (SIPRI), China's arms shipments fell 7.8% between 2016 and 2020 when compared to the preceding five-year period

Apple kicks off iPhone 15 event with new cables, better cameras expected

The event at Apple's Cupertino, California, headquarters comes amid a global smartphone slump and lingering economic uncertainty, especially in China, Apple's third-largest market

India to spend $24 mn on Himalayan Airbase near disputed China border

The airbase will add to the capabilities of the Indian Air Force along the northern border, according to a statement after India's Defence Minister Rajnath Singh

Steel mills expect wheel prices to ease after anti-dumping duty on China

Late on Monday, the Indian government imposed an anti-dumping duty on steel wheels used in tyres, from China, in a bid to crack down on predatory pricing

Taiwan says it spotted 22 Chinese warplanes, 20 warships near the island

Taiwan said Tuesday it spotted 22 Chinese military aircraft and 20 vessels near the island over the previous 24 hours, as Beijing steps up its military activities in the area. Over the weekend, the United States and Canada sailed warships through the Taiwan Strait in a challenge to China's sweeping territorial claims. On Monday, China sailed a naval formation led by its aircraft carrier Shandong, about 70 miles (110 kilometres) to Taiwan's southeast. The vessel was expected to conduct drills simulating aircraft, submarine, warship and land attacks, according to Chinese state media. Thirteen of the Chinese military aircraft reported on Tuesday had crossed the median line of the Taiwan Strait, an unofficial demarcation zone between China and Taiwan, according to Taiwan's defence ministry. China claims Taiwan, a self-ruled democracy, as part of its territory to be reunited by force if necessary. Over the past year, Beijing has stepped up military activities around the island, including

India imposes anti-dumping duty on some Chinese steel for 5 years

India on Monday imposed an anti-dumping duty on some Chinese steel for five years, according to a government notification

China welcomes India-Middle East-Europe Corridor if not a geopolitical tool

China said on Monday that it welcomes the India-Middle East-Europe Economic Corridor announced on the sidelines of the G20 summit so long it doesn't become a "geopolitical tool", even as it downplayed Italy's plan to pull out of its Belt and Road Initiative (BRI). China welcomes all initiatives that truly help developing countries build infrastructure and sincere efforts to promote connectivity and common development, the Chinese Foreign Ministry said. "At the same time, we advocate that various connectivity initiatives should be open, inclusive, and form synergy, and should not become geopolitical tools," the ministry said in a written response to PTI to a question on China's reaction to the new corridor. On Saturday, Prime Minister Narendra Modi announced plans to launch the India-Middle East-Europe Economic Corridor which includes India, the UAE, Saudi Arabia, the European Union, France, Italy, Germany and the US. "Today we all have reached an important and historic partnership.

US outreach to Vietnam about providing stability, says President Biden

President Joe Biden said Sunday his visit to Vietnam to showcase stronger ties with Hanoi was not about trying to start a cold war with China, but rather was part of a broader effort to provide global stability by building US relationships throughout Asia at a time of tensions with Beijing. It's not about containing China, Biden said at a news conference in Vietnam's capital after attending the Group of 20 summit in India. It's about having a stable base. The American president came to Hanoi as Vietnam was elevating the United States to its highest diplomatic status, comprehensive strategic partner. That is evidence of how far the relationship has evolved from what Biden referred to as the bitter past of the Vietnam War. The expanded partnership reflects a broader effort across Asia to counter China's influence. Biden has said Vietnam wants to flex a degree of independence, and U.S. companies are seeking an alternative to imports from Chinese factories. He is pursuing possible allie

New Delhi declaration sent positive sign to tackle global challenges: China

China on Monday said the G20 New Delhi Leaders' Declaration has sent a positive signal that the member countries of the influential grouping are joining hands in tackling global challenges and economic recovery. India on Saturday pulled off a big diplomatic win after the G20 summit held under its presidency adopted a consensus declaration overcoming major differences on the Russia-Ukraine war, as Prime Minister Narendra Modi called for ending the "global trust deficit". The declaration released by the G20 summit shows that China's proposition is a good signal, Chinese Foreign Ministry spokesperson Mao Ning told a media briefing here in response to a question on how Beijing views the outcome of the G20 summit which concluded on Sunday. Chinese Premier Li Qiang attended the summit, deputising for President Xi Jinping. The declaration also signals that the G20 countries are joining hands in tackling global challenges, sending a positive signal to the world on economic recovery, Mao ..

Former CEO of China's Alibaba quits cloud business in leadership reshuffle

The former CEO of Alibaba, Daniel Zhang, resigned as head of its cloud computing unit Monday in a surprise move as the Chinese e-commerce empire wraps up a leadership reshuffle. Alibaba said it will invest USD 1 billion in a technology fund Zhang will establish to support the firm's strategies for future growth. Zhang stepped down on the same day he gave up his roles as Alibaba's CEO and chairman. In a filing to the Hong Kong stock exchange, Alibaba said that Eddie Wu, its new CEO, will also head its cloud unit. Wu and Alibaba's new chairman Joseph Tsai assumed their new roles by Monday, with Alibaba saying it has completed its leadership transition. Alibaba expressed its deepest appreciation to Zhang for his contributions to the company over the past 16 years. Alibaba's Hong Kong stock price was down 3.6 per cent Monday following the announcement. In an internal letter dated Sunday and viewed by the AP, Tsai wrote that Zhang had expressed his wish to transition away from his rol

China's unexpected trading tax cut forces Hong Kong into hard choice

The aggressive moves by Beijing to support markets are speeding up plans for Hong Kong to come up with its own measures to revive activity of trading and initial public offerings

Italian PM hints quitting BRI, says unlikely to compromise ties with China

Leaving the Belt and Road Initiative (BRI) also known as Silk Road does not compromise relations with China, but the decision still has to be taken, Italian Prime Minister Georgia Meloni said

UK Parliament researcher held by UK police for China spying, says report

Hours after the arrest was made public, British Prime Minister Rishi Sunak, on the sidelines of the G20 summit in New Delhi

Do not read too much into Prez Xi's absence from G20: Alfredo Montufar-Helu

"Projects motivated by political considerations oftentimes end up as white elephants"

G20 Summit 2023: India drives home its point, courtesy 'new spice route'

Countering China's BRI, New Corridor to push out Stalled older projects

India a superpower, ahead of China now: African Union chairperson Assoumani

President of the Union of Comoros and chairperson of the African Union (AU), Azali Assoumani, on Sunday said India is a superpower in terms of "inhabitance" and "ahead of China now"

India's G20 win shows US learning how to effectively counter China's rise

Biden led the charge, seeing in India his administration's best hope of isolating China and Russia - and providing a booster shot to the US-led world order

FM Sitharaman meets China's Liu Kun; discusses G20-related issues

Finance Minister Nirmala Sitharaman on Sunday met her Chinese counterpart Liu Kun and exchanged views on G20-related matters. The meeting was held on the sidelines of the last day of the G20 Leadership Summit here. It is to be noted that China President Xi Jinping decided to not attend the G 20 Summit. China was represented by its Prime Minister Li Qiang. "Union Finance Minister Smt. @nsitharaman met Mr. Liu Kun, Finance Minister of China, on the sidelines of the #G20 #LeadersSummit in New Delhi. They exchanged views on various issues related #G20," the finance ministry said in a post on X.

UK PM Rishi Sunak conveys Britain's spying concerns to China at G20 Summit

British Prime Minister Rishi Sunak on Sunday conveyed the UK's significant concerns about alleged Chinese interference in the UK's parliamentary democracy to the country's Premier at the G20 Summit in New Delhi, after a UK media report revealed spying charges against two men. Sunak met Li Qiang as The Sunday Times' reported that two men were arrested under the UK's Official Secrets Act amid claims a parliamentary researcher in Britain spied for China. One of the men, in his 20s, was a researcher with links to several governing Conservative Party MPs and another man in his 30s were both said to have been arrested in March and now out on bail. "The Prime Minister met Premier Li Qiang and conveyed his significant concerns about Chinese interference in the UK's parliamentary democracy," a 10 Downing Street spokesperson said. Both men were held at a south London police station until being released on bail until early October. The Metropolitan Police's Counter Terrorism Command, which ...

China asks G20 countries to resolutely advance economic globalisation

Chinese Premier Li Qiang on Saturday underlined the need for unity amongst the G20 members and called for cooperation, inclusion and resolute support for economic globalisation. Li, the number two ranked leader of the ruling Communist Party of China (CPC), is currently in New Delhi, deputing for President Xi Jinping, to attend the annual G20 summit being hosted by India from September 9-10. Addressing the first session of the 18th G20 Summit in New Delhi, Premier Li said the influential grouping needs "unity instead of division, cooperation instead of confrontation, and inclusion instead of exclusion." The G20 member countries represent around 85 per cent of the global GDP, over 75 per cent of the global trade, and about two-thirds of the world population. Li urged the G20 members to resolutely promote economic globalisation and jointly maintain the stability and smoothness of industrial and supply chains, China's state-run Xinhua news agency reported. The G20 members should stick