Page 2 - China

China invokes anti-sanctions law over US blacklisting of oil firms

Under the law, introduced in 2021 and most recently revised in April, China can impose countermeasures on companies and individuals, including trade and investment curbs and entry and exit restriction

China: FDI caution and import reliance shape India's policy dilemma

With a cumulative overseas investment stock of $3 trillion-3.5 trillion and annual outflows in the range of $160 billion-190 billion, China is a major FDI player across every region

DEA notifies Fema FDI easing for firms with up to 10% Chinese stake

The Finance Ministry has notified a decision to allow overseas companies with Chinese shareholding of up to 10 per cent to invest in India under the automatic route under FEMA, according to a notification. In March, the Union Cabinet approved amendments in the press note (PN) 3 of 2020 of the DPIIT. As per the amendments, foreign companies having a Chinese/Hong Kong shareholding of up to 10 per cent will be eligible to invest in India in sectors where FDI is permitted under the automatic route subject to sectoral conditions. However, these relaxed FDI rules will not apply to entities registered in China or Hong Kong or other countries sharing land borders with India. Earlier, foreign firms with shareholders from these land border nations owning even a single share had to seek mandatory approval to invest in India in any sector. Now, these restrictions will apply only to beneficial owners. After the Cabinet approval, the Department for Promotion of Industry and Internal Trade (DPI

Vikram Doraiswami reaches China to take charge as India's new envoy

India's new Ambassador to China Vikram Doraiswami arrived in Shanghai on Saturday to take up his posting amid expectations that his appointment will add momentum to the current normalisation process of Sino-India relations. He was received at the airport by the Indian Consul General in Shanghai Pratik Mathur and other officials. Doraiswami, a 1992-batch Indian Foreign Service officer, is due to arrive in Beijing on Sunday. In Beijing, the 56-year-old diplomat succeeds Pradeep Kumar Rawat. Before his posting to Beijing, Doraiswami served as India's High Commissioner to the United Kingdom. His appointment in March this year evoked considerable interest in the Chinese official media and the Chinese strategic community. Welcoming Doraiswami's appointment, Chinese Foreign Ministry spokesman Lin Jian told a media briefing on March 20 that the new Indian envoy has chosen a Chinese name for himself: Wei Jiameng. "China welcomes India's new ambassador to China Wei Jiameng, and stands rea

Disquiet on the Eastern Front: Great Nicobar base key to maritime defences

Historically, and instinctively, India has seen threats emerging from the west and the north, from Pakistan and China

US sanctions China-based crude oil terminal operator for trading Iran oil

The US on Friday sanctioned a China-based crude oil terminal operator for importing petroleum products from Iranian entities and warned others of facing the same consequences if they paid a toll to Tehran to cross the Strait of Hormuz. "The US is taking decisive action to disrupt Iran's illicit oil trade, the Iranian regime's primary revenue streams that fund terrorism and regional destabilization," US Department of State spokesman Tommy Pigott said in a statement. Pigott said the department sanctioned multiple entities, an individual, and a vessel involved in the trade of Iranian petroleum and petroleum products. The action targets a China-based petroleum terminal operator - Qingdao Haiye Oil Terminal Co., Ltd. - that has imported tens of millions of barrels of sanctioned Iranian crude oil since February last year. The US also sanctioned Xingchun Li, a Chinese national and the president of QINGDAO HAIYE, and two vessel management companies UK-based Thriving Times International an

Best of BS Opinion: India feels diplomatic squeeze from W. Asia conflict

From Iran diplomacy and artificial intelligence risks to Great Nicobar strategy and Pakistan policy, today's Best of BS Opinion highlights key strategic and economic debates shaping India's outlook

India to soon notify eased FDI norms for firms with 10% China stake: Report

The decision to ease foreign direct investment norms for overseas companies with up to 10 per cent stake in Chinese companies will be notified soon under the FEMA law, a senior government official said on Thursday. After that, the changes will come into effect. In March, the Union Cabinet approved amendments in the press note (PN) 3 of 2020 under which foreign companies having a Chinese shareholding of up to 10 per cent will be eligible to invest in India under the automatic route across sectors. However, the relaxed FDI rules will not apply to entities registered in China/Hong Kong or other countries sharing land borders with India. The government has also decided that FDI proposals in specified sectors/activities of manufacturing in capital goods, electronic capital goods, electronic components, polysilicon and ingot-wafer or any other sector/activity added by the committee of secretaries headed by the Cabinet Secretary will be processed within 60 days. Though the Department for

China supplies over 30% of industrial goods; overdependence critical: GTRI

China accounts for around 16 per cent of India's total imports, but its dominance is significantly higher in industrial goods, supplying as much as 30.8 per cent of the country's requirements, think tank GTRI said on Tuesday. The country's imports increased to USD 774.98 billion in 2025-26. Out of this, USD 131.63 billion was from China. Dependence on a single supplier for critical inputs leaves sectors like pharmaceuticals, electronics and clean energy exposed to disruptions, whether geopolitical or commercial, it said. The GTRI analysis said that about 66 per cent of India's imports from China, valued at USD 82.6 billion, are clustered in electronics, machinery, computers, and organic chemicals. China accounts for 43 per cent of India's electronics imports, 40 per cent of machinery and computer imports, and 44 per cent of organic chemicals. "These are not discretionary purchases but core inputs that feed directly into India's manufacturing ecosystem," Global Trade Research ...

India surpasses Vietnam in Apple suppliers, reduces dependence on China | iPhone

India has overtaken Vietnam in the total number of Apple suppliers operating in the country in CY 2025. Unlike Vietnam, India has also sharply reduced its dependence on Chinese suppliers

No place for any double standards on terrorism: Rajnath Singh at SCO meet

Defence Minister Rajnath Singh on Tuesday held talks with his Chinese counterpart Dong Jun on the margins of a multilateral conclave in Bishkek. It is learnt that the two ministers reviewed the overall situation along the Line of Actual Control (LAC). "It was a pleasure to interact with the Defence Minister of China Admiral Dong Jun during the SCO Defence Ministers' Meeting in Bishkek," Singh said on social media. There is no official word yet on what transpired during the talks between Singh and Dong. The defence minister also met his Russian counterpart Andrei Belousov. "Great interaction with Russian Defence Minister, Andrei Belousov during the SCO Defence Ministers' Meet in Bishkek," Singh said. Singh landed in the capital city of Kyrgyzstan on Monday to attend the conclave of defence ministers of the member states of the Shanghai Cooperation Organisation (SCO).

China orders Meta to unwind $2 billion acquisition of AI startup Manus

"The transaction complied fully with applicable law. We anticipate an appropriate resolution to the inquiry," Meta said in response

China blocks Meta's $2 billion Manus AI deal over tech transfer concerns

Beijing has tightened scrutiny of key AI firms in the wake of the deal, which has been largely completed

Chinese FM Wang Yi visits Myanmar, meets military-backed president

China's top diplomat on Saturday visited Myanmar's capital and met with the leader of its military-backed government as part of a regional tour aimed at strengthening Beijing's political, security and strategic ties in Southeast Asia. State-run MRTV television reported that Chinese Foreign Minister Wang Yi and Min Aung Hlaing discussed enhancing Myanmar's international relations and cooperation within the Association of Southeast Asian Nations. Wang's visit to Naypyitaw comes after Min Aung Hlaing was sworn in as president on April 10 following an election that critics say was neither free nor fair and was designed to maintain the military's grip on power five years after it ousted Aung San Suu Kyi's civilian government. The report said Min Aung Hlaing told Wang he was pleased that the Chinese president Xi Jinping sent his congratulatory message within hours of his election. China, which has major geopolitical and economic interests in Myanmar, is Myanmar's biggest trading partner

China hints fourth aircraft carrier may be nuclear-powered in new video

A latest video released by the Chinese navy highlighting China's blue-water naval ambitions has sparked speculation that its fourth aircraft carrier currently being built will be a nuclear-powered one. The video film 'Into The Deep' was released on Wednesday to mark the 77th anniversary of the founding of the People's Liberation Army Navy showcased Chinese navy's transition from maritime ambitions and coastal defences. The video also highlighted China's "blue-water" navy capable of deep-sea operations, including footage from real-life drills in the western Pacific far from home and the use of advanced equipment. It also showed a compass being handed down through generations of naval officers named after the three aircraft carriers Liao Ning, Shan Dong, and Fu Jian currently in operation. But a fourth character was named He Jian, hinting that it could be a nuclear-powered ship because "He" sounds like the Chinese word for "nuclear" and "Jian" is the word for a "ship", the Hong ...

Engine maker Horse plans India move to supply growing small car market: CEO

The ​firm ‌operates 18 plants and five research and development centres across Europe, China and Latin ‌America, most recently establishing a presence in the US

A look at China's behind-the-scenes role in West Asia war diplomacy

China's role as an unofficial mediator in the latest war in the Middle East is drawing attention across the world as it seeks to project the image of being a responsible global power while US actions are straining its long-standing alliances. China's profile in international diplomacy has risen in recent years, thanks to active efforts from its diplomats. Long reluctant to get involved in conflicts far from its borders, it has nevertheless emerged as a major player with attempts to mediate conflicts from Southeast Asia to Europe. With the Iran war, Beijing is not an official mediator, but all parties - including Washington and Tehran - say it has played an important role in trying to de-escalate the conflict. Experts say Beijing's strategies for diplomacy in multiple conflicts have looked similar and have had mixed success in influencing negotiations, but the efforts come at an opportune time, as US actions under President Donald Trump have increased tensions with traditional ...

Why China is moving to regulate AI firms bringing the dead back digitally

As AI enables affordable digital clones of the deceased, China tightens rules to address ethical concerns, data misuse, and risks to its political and social ecosystem

India, China place strategic bets on clean energy out of favour in West

The massive bets by the world's two most populous nations come at the same time that the West has quietly backed away from its ambitious green hydrogen goals from the start of this decade