Page 222 - China

N Korea's Kim Jong-un touts leadership of China's Xi in b'day greetings

Kim also said he is pleased to see Xi's achievements and wished him more success in his "important and responsible work" in leading China

Chinese textiles coming to India to be tested for Azo dyes presence

Textiles and its products coming from China into India will now have to test for the presence of Azo dyes as Beijing has been excluded from the revised exempted list, according to the commerce ministry. The foreign trade policy (FTP) has a list of countries, which are exempted from testing for the presence of this dye in textiles and its articles. The UK has been included in this list, while China was removed. These countries include European Union nations, Serbia, Poland, Denmark, Australia, Canada, Japan, South Korea and the UK. The DGFT has updated the list of countries, which are exempted from testing for the presence of Azo dyes in textiles and textile articles Azo dyes are mainly used in sectors like textile, fibre and leather. Revising the list by amending an appendix of the FTP, a public notice of the Directorate General of Foreign Trade (DGFT) said the "list of countries exempted from testing for the presence of azo dyes in textiles and textiles articles is updated".

Apple taps 7 Chinese firms to strengthen Vision Pro MR headset supply chain

Apple has tapped Chinese electronics contract manufacturer Luxshare Precision Industry Co as the key assembler, along with six other Mainland China firms

Lionel Messi, Argentina set to pull huge crowd in Beijing exhibition game

Lionel Messi and his World Cup-winning Argentina teammates are expected to draw almost 70,000 fans to Beijing Worker's Stadium for an exhibition against Australia. With tickets starting at around $80 for Thursday's game, local supporters are excited to see Messi and continue the World Cup celebrations. Fans have flocked to all opportunities to see the Argentine star since the team arrived in China, with large crowds angling for photographs and chanting his name. Messi's move to continue my path in Miami last week made global headlines after he turned down extremely lucrative offers from Al-Hilal in Saudi Arabia in favor of Major League Soccer. He said that after winning the World Cup, it was his time to go the United States and live football in another way. Before then, he's with the Argentina squad that is scheduled to play Australia in the Chinese capital and take on Indonesia in Jakarta four days later. Australia coach Graham Arnold said he was looking forward to giving a selec

Goldman Sachs sees India holding its own even if China stocks rebound

India has been seen as one of the key beneficiaries as global sentiment toward Chinese equities soured due to a slower-than-expected recovery

India seen as major beneficiary as supply chains migrate from China

"In India we see a tripling of the manufacturing base by 2031 with its share of GDP rising from about 16% to 21% over the same time horizon," the report stated

China shifts to stimulus mode to help boost its faltering economy

China's central bank on Tuesday unexpectedly cut its key short-term interest rate

Pakistan seeks fast-track refinancing of $1.3 billion loans from China

Cash-strapped Pakistan has requested its all-weather ally China to fast-track the refinancing of maturing commercial loans of USD 1.3 billion and apprised it of the diminishing prospects of revival of the IMF loan programme, a media report said on Tuesday. The request was made on Monday by Finance Minister Ishaq Dar during a meeting with China's Charge d'affaires Pang Chunxue, The Express Tribune newspaper reported. Officials said that the finance minister raised the issue of refinancing the two Chinese commercial loans amounting to USD 1.3 billion, maturing in the next two to three weeks. Chinese authorities have already assured Pakistan that they will refund both loans, but Islamabad wants the money to be re-lent as soon as it is paid back, the report quoted sources as saying. Dar urged the Chinese charge d'affaires about timely refinancing the loans, which will prop up Pakistan's foreign exchange reserves. Pakistan is scheduled to make a debt repayment of USD 300 million to the

DGTR for continuation of anti-dumping duty on China steel wheels for 5 yrs

The commerce ministry's investigation arm DGTR has recommended for continuation of anti-dumping duty on Chinese steel wheels for five more years with a view to guarding domestic players against cheap imports. In a notification, the Directorate General of Trade Remedies (DGTR) has said that continuation of the existing duties on the imports of Flat BaseSteel Wheels from China would address and mitigate the likelihood of injury to the domestic players. "The authority considers it necessary to recommend the continued imposition of existing definitive anti-dumping...for another period of five years...," the DGTR has said. The directorate has recommended USD 613 per tonne duty on the product. The finance ministry takes the final decision to impose this duty. The product is used in tubed tyre applications in commercial vehicles. In its probe, the DGTR has concluded that there is likelihood of continuation/recurrence of dumping and injury to the domestic industry if the existing duties a

Press freedom in China has reached lowest point to date, finds report

Press freedom in China has reached its lowest point to date during and after the pandemic, revealed a recent survey

Here's why Messi was detained by Chinese authorities at Beijing airport

A video shows Lionel Messi standing in the Beijing airport, holding his passport, surrounded by a group of police officers

Messi detained by Chinese Police at Beijing Airport, read to know more

Lionel Messi was detained by Chinese police at Beijing Airport due to Visa related misunderstanding. The Chinese authorities resolved the matter in 30 minutes.

Climate laws could price Americans out of EV market, BYD executive warns

BYD Co., China's homegrown company that's now become the world's hottest maker of electric vehicles, has a warning for the US

China's factory gate prices fell at fastest pace in 7 years in May: Report

China's economy witnessed a fast growth than expected in the 1st quarter. However, recent indicators demonstrate that the demand is rapidly weakening with exports, imports and factory activity falling

China asks last Indian journalist to leave country amid escalating tensions

China has asked the last Indian journalist to leave Beijing. Watch the video to understand the row over media.

China records its lowest number of marriages amid demographic crisis

China last year recorded its lowest number of marriages since public records became available, furthering a nearly decade-long decline in matrimony

US decides to rejoin UNESCO and pay back dues, to counter China influence

UN cultural and scientific agency UNESCO announced Monday that the United States plans to rejoin and pay more than $600 million in back dues after a decade-long dispute sparked by the organization's move to include Palestine as a member. U.S. officials say the decision to return was motivated by concern that China is filling the gap left by the U.S. in UNESCO policymaking, notably in setting standards for artificial intelligence and technology education around the world. U.S. Deputy Secretary of State for Management and Resources Richard Verma submitted a letter last week to UNESCO Director General Audrey Azoulay formalizing the plan to rejoin. Azoulay informed ambassadors of the U.S. decision in a special meeting Monday. The return of the U.S. once the agency's biggest funder is expected to face a vote by its 193 member states next month, according to a UNESCO diplomat. The decision is a big financial boost to the United Nations Educational, Scientific and Cultural Organizatio

Global manufacturing sputters with ongoing shift toward services spending

Business conditions in China's manufacturing industry, the largest in the world, improved in May, according to the Caixin manufacturing Purchasing Managers' Index

Samsung ex-exec tried to set up semiconductor plant in China. It was a copy

Prosecutors said in a statement Monday they arrested a 65-year-old accused of stealing trade secrets from 2018 to 2019 to reproduce a chip plant in the northern city of Xi'an

China tells last Indian journalist in country to leave by this month

India's Foreign Ministry said earlier this month that Chinese reporters had been operating in the South Asian country without any difficulty, but this was not the case for Indian journalists in China