Page 24 - China

China urges its companies to avoid taking domestic price wars to US

Wang said China and the US have reached a series of important consensus results after several rounds of economic and trade consultations

Taiwan weaponises semiconductor sector to deter China on world stage

Taipei's chip curbs reflect its strategy to increasingly use economic and trade policy for diplomatic goals

Typhoon hits Hong Kong, China after killing dozens in Taiwan, Philippines

Typhoon Ragasa, one of the strongest storms to hit Asia in years, whipped waves taller than lampposts onto Hong Kong promenades and turned seas rough on the southern Chinese coast after leaving deadly destruction in Taiwan and the Philippines. In Taiwan, 17 people died on Wednesday after floods submerged roads and carried away vehicles in one county, and 10 deaths were reported in the northern Philippines. More than 2 million people were relocated across Guangdong province, the southern Chinese economic powerhouse, China's state-run Xinhua news agency said. A weather station in Chuandao town recorded maximum gusts of 241 kph (about 150 mph) at noon, a high in Jiangmen city since record-keeping began. State broadcaster CCTV said the typhoon made landfall along the coast of Hailing Island in Yangjiang city at about 5 pm, packing maximum winds near the center of 144 kph (89 mph). Violent winds battered trees and buildings, with torrential rain lowering visibility, video from Xinhua ...

Air Force use would have slowed Chinese offensive in 1962 war: CDS Chauhan

Chief of Defence Staff General Anil Chauhan on Wednesday said the use of Air Force would have slowed the Chinese offensive considerably during the 1962 Sino-Indian war and it may have been termed as "escalatory" then, but that is not the case now as seen in Operation Sindoor. Speaking about the war with China 63 years ago, he noted the forward policy should not have been applied uniformly to Ladakh and NEFA (North-East Frontier Agency) or present-day Arunachal Pradesh, arguing the two regions had different histories of dispute and entirely different terrain, and following identical policies was flawed. Over the years, the security situation has changed and the face of warfare itself has got transformed, the Chief of Defence Staff (CDS) maintained. General Chauhan made the remarks in a recorded video message played during the release of the revised autobiography of the late Lieutenant General S P P Thorat - 'Reveille to Retreat' - in Pune. Lt Gen Thorat was the General Officer ...

China, largest carbon polluting nation, announces new goal to cut emissions

China, the world's largest carbon polluting nation, has announced a new climate fighting goal to cut emissions by 7 per cent to 10 per cent by 2035. It came as more than 100 world leaders lined up Wednesday to talk of increased urgency and the need for stronger efforts to curb the spewing of heat-trapping gases. With major international climate negotiations in Brazil 6 weeks away, the United Nations Secretary-General Antonio Guterres convened a special leaders summit during the General Assembly to focus on climate change.

China rejects Trump's criticism, says US and EU also trade with Russia

Dismissing US President Donald Trump's criticism that India and China are the "primary funders" of the Ukraine war through purchases of Russian oil, Beijing on Wednesday pointed out that America and the European Union are also engaging in trade with Moscow. Addressing a media briefing here, Chinese Foreign Ministry spokesperson Guo Jiakun warned that Beijing will take countermeasures to safeguard its interests if its companies' normal trade with Russia is obstructed, as he rejected Trump's criticism. An overwhelming number of countries, including the US and EU, are engaging in trade with Russia, he said, reminding the American leader that Washington too is indulging in trade with Moscow. Chinese and Russian companies' normal exchanges and cooperation are in line with the World Trade Organisation (WTO) rules and market principles, Guo said, adding that Beijing's actions are not targeted against any third party and "should not be interfered with and influenced". He also reiterated th

China ends developing-nation status to strengthen WTO amid Trump tariffs

China has said it would no longer seek the special treatment given to developing countries in World Trade Organisation agreements a change long demanded by the United States. Commerce Ministry officials on Wednesday said the move was an attempt to boost the global trading system at a time when it is under threat from tariff wars and protectionist moves by individual countries to restrict imports. They did not mention the United States by name or President Donald Trump's imposition of tariffs on many other countries this year, including China. The US has long argued China should give up the developing-country status because it is the world's second-largest economy. The advantages of that designation at the WTO include lower requirements to open their markets to imports and longer transition periods to implement such market-opening steps. The WTO provides a forum for global trade talks and enforces agreements but has become less effective, prompting calls for reform. The head of th

Canada looks to ease tensions with India, China as minister plans visit

Canada must "ensure we have a bilateral relationship with significant economic powers in the Indo-Pacific," Anand said in an interview on the sidelines of the UNGA meetings

China’s K-Visa explained: Big counter to US H-1B fee hike: What is it? | China visa | US visa

As the US tightens its H-1B visa program with a steep $100,000 fee, China is rolling out a new "K-Visa" aimed at attracting young global science and technology professionals.

Super Typhoon Ragasa kills 14 in Taiwan, China evacuates over 1 million

Super typhoon Ragasa left 14 people dead and 18 injured in Taiwan, while China's southern Guangdong province, a key global manufacturing hub, evacuated over a million residents in preparation for the powerful storm's landfall expected later on Wednesday. Described as the most powerful storm to hit the Chinese coast this year, Ragasa, the 18th typhoon of the season, is forecast to make landfall along the coastline of Guangdong province, official media here reported. It could become the most powerful storm to strike China so far this year, the state-run CGTN TV said. In Taiwan, typhoon Ragasa left 14 dead and 18 injured, local authorities said. According to the island's emergency operation centre, about 100 people remain trapped in various parts of the region and are awaiting rescue. As Ragasa moved closer to making landfall, its impact was already being felt in the Pearl River Delta region, according to the National Meteorological Centre. Wind speeds of 212 km per hour were record

Shining bright: China-fuelled demand drives gold prices to fresh high

Gold hits fresh global and domestic records on Asia-led demand, weak rupee, and China's bullion push; markets eye Fed rate cuts as prices rally over 15% this month

India, China should oppose any form of tariff, trade wars: Chinese envoy

China and India should firmly oppose hegemony, power politics and any form of tariff and trade wars, Chinese ambassador Xu Feihong said on Tuesday amid New Delhi's frosty ties with the Trump administration after it doubled the levies on Indian goods to 50 per cent. In an address at an event, the envoy proposed a four-point approach to advance relations between India and China that included finding the "right way" to get along with each other in the spirit of mutual respect and trust. Xu said the two countries should not allow the boundary question to define the current China-India relations and that bilateral trade should be expanded as it has "great potential". The envoy's remarks came more than three weeks after Prime Minister Narendra Modi and Chinese President Xi Jinping held talks on the sidelines of the Shanghai Cooperation Organisation (SCO) summit in China's Tianjin city. In the last few months, both sides have initiated a series of measures to reset their ties that came un

China to launch K-Visa for global talent as US slaps $100,000 H-1B fee

China is set to roll out a new K-Visa for young science and technology professionals from October 1, even as the US imposes a $100,000 fee on H-1B visas

Schools shut, flights cancelled as China braces for super typhoon Ragasa

Southern Chinese cities scaled back many aspects of daily life on Tuesday with school and business closures and flight cancellations as the region braced for one of the strongest typhoons in years that has already killed three people and led to the displacement of thousands of others in the Philippines. Hong Kong's observatory said Super Typhoon Ragasa, which was packing maximum sustained winds near the centre of about 230 kph, is expected to move west-northwest at about 22 kph across the northern part of the South China Sea and edge closer to the coast of Guangdong province, the southern Chinese economic powerhouse. China's National Meteorological Centre forecast the typhoon would make landfall in the coastal area between Shenzhen city and Xuwen county in Guangdong province on Wednesday. Already hoisting a strong wind signal, the observatory in Hong Kong will issue storm warning signal No. 8, the third-highest in the city's weather alert system, on Tuesday afternoon and will assess

Taiwan detects 15 Chinese aircraft, 1 naval vessel near its territory

eijing has maintained its goal of reunification, using military, diplomatic, and economic means to apply pressure on Taiwan and diminish its international space

China floods global markets with cheap exports after Trump's tariffs

Countries locked in tariff talks with Trump are hesitant to spark another trade war with China, giving Beijing relief from US levies once expected to slash its annual growth rate

Porsche caught between a slowing China, EV road bumps, and Trump

Porsche now expects its 2025 profit margin to be no more than 2%, down from a previously guided range of 5% to 7%

How China's 500kW antenna is giving it a clear lead in the mineral race

China is using its massive 500kW electromagnetic antenna, originally for submarines, to detect hidden lithium, cobalt, gold, and rare earths, boosting its lead in global mineral exploration

Warren Buffett's Berkshire Hathaway fully exits BYD after 17-yr investment

Warren Buffett's Berkshire Hathaway has sold its entire stake in Chinese EV maker BYD, ending a 17-year investment that grew more than 20 times in value

Taiwan detects 3 Chinese aircraft, 4 naval vessels near territory

The frequent incursions and maritime operations reflect rising tensions between Taiwan and China