Page 241 - China

Joe Biden's landmark climate Bill lures China's clean energy giants

The building boom underscores how the US has rebuilt its credentials as a cleantech manufacturing hub after last year's Inflation Reduction Act.

China granted visas to over 18,000 Indians since January: Diplomat

China has issued visas to over 18,000 Indians in the last three months, a Chinese diplomat said. Interacting with a group of journalists in Kolkata, Minister Counsellor of the Chinese Embassy in India, Chen Jianjun, said he was looking forward to more Chinese being given visas by India. "The number of visa applications for China has been on the rise. Since January, we have given visas to 18,560 Indians," he said. "Since August, 9,409 student visas have been issued to Indian students," he said. However, Jianjun said, the number of visa applications is yet to reach the pre-pandemic levels. In June last year, China announced plans to provide visas to Indian professionals and their families stranded in India following the strict restrictions imposed by Beijing due to the COVID-19 pandemic. Separately, it also started processing visa applications of thousands of Indian students studying in Chinese universities who conveyed their interest to rejoin their colleges and universities. Abou

India-China border stable, situation of 'emergency control' over: Diplomat

The earlier situation of "emergency control" at the India-China border is a matter of the past, and overall it is stable at present, a senior Chinese diplomat said here. Interacting with journalists on Friday evening, Minister Counsellor of the Chinese Embassy in India, Chen Jianjun, said the two Asian giants continue to maintain communication via diplomatic and military channels, promoting the transition of the border situation to "normalised management and control". "The current border situation is overall stable," he said. Indian and Chinese soldiers clashed along the Line of Actual Control (LAC) in the Tawang sector of Arunachal Pradesh on December 9, resulting in minor injuries to a few personnel from both sides. The clash near Yangtse in the sensitive sector took place amid the border standoff between the two sides in eastern Ladakh. The ties between India and China nosedived significantly following the fierce clash in Galwan Valley in June 2020 that marked the most serious .

Nepal, China to resume two-way trade via key border points from today

'We have agreed to have full operation of Rasuwagadhi/Kerung exit and entry point for two-way trade and people to people movement from April 1,' Secretary Marasini told

China rolls over $2 bn as loan to Pakistan: Finance Minister Ishaq Dar

Cash-strapped Pakistan has received a rollover loan of USD 2 billion that matured last week from its "all-weather ally" China, finance minister Ishaq Dar said on Friday, a move that will help Islamabad secure the much-required bailout from the IMF. The rollover is one of the key requirements for Pakistan meeting its external financing needed for it to ink the staff-level agreement with the International Monetary Fund (IMF). "I am happy to confirm that this has been rolled over on March 23," Dar told parliament, adding that all formalities were completed. Pakistan, currently in the throes of a major economic crisis, is grappling with high external debt and dwindling foreign exchange reserves. Pakistan is scrambling to increase its forex reserves which are estimated to be at USD 4.8 billion after China refinanced USD 500 million a fortnight ago. Pakistan has been negotiating with the IMF for the release of a USD 1.1 billion bailout package since February but has so far met with litt

India objects to $280-billion US programme to promote chipmaking

New Delhi raised the issue during the recent Trade Policy Review of the USA, seeking clarifications from the US on the ambitious CHIPS Act

Huge win for Russia as TikTok propaganda labels on agencies fall flat

A year ago, following Russia's invasion of Ukraine, TikTok started labelling accounts operated by Russian state propaganda agencies as a way to tell users they were being exposed to Kremlin disinformation. An analysis a year later shows the policy has been applied inconsistently. It ignores dozens of accounts with millions of followers. Even when used, labels have little impact on Russia's ability to exploit TikTok's powerful algorithms as part of its effort to shape public opinion about the war. Researchers at the Alliance for Securing Democracy, a bipartisan, transatlantic nonprofit operated by the German Marshall Fund that studies authoritarian disinformation, identified nearly 80 TikTok accounts operated by Russian state outlets like RT or Sputnik, or by individuals linked to them, including RT's editor-in-chief. More than a third of the accounts were unlabelled, despite a labelling policy announced by TikTok a year ago. The labels, which appear in bold immediately below an ...

3 megatrends that give India a chance to become the world's next factory

Convergence of external and internal elements affords country a lifetime opportunity, writes Mayank Dhaundiyal

LIVE: 'If state wanted to arrest me, police could have come to my house'

Catch all the latest updates from across the globe here

China, Tibet and the politics behind choosing a Buddhist spiritual leader

After him, the world may have two Dalai Lamas: one chosen by Beijing, the other by Tibetans in exile

$842 bn budget proposal for defence driven by competition with China: Lloyd

US Secretary of Defense Lloyd J Austin III said that the $842 billion budget proposal for the fiscal year 2024 for the Defense Department is a strategy-driven budge

India to host SCO-National Security Advisors meet; Pak, China may join

India, as the current chair of the Shanghai Cooperation Organisation (SCO), is set to host a meeting of National Security Advisors (NSA) and top officials in New Delhi on Wednesday

China spent $240 billion to bail out nations with Belt & Road loans

Beijing now fast catching up with the IMF as a lender of last resort

Alibaba's Jack Ma returns as China tries to allay private sector fears

During his visit, Ma discussed topics such as artificial intelligence-powered chatbot ChatGPT and also said he hoped to return to teaching one day, the Yungu School said on its official WeChat account

Alibaba's founder Jack Ma seen in China after long absence: Report

The Alibaba-owned newspaper said he had made a short stopover in Hong Kong, where he met friends and also briefly visited Art Basel, an international art fair

South Korea to surpass China in chip machine spending next year, shows data

Korea will likely increase its investment in fab equipment by 41.5% to $21 billion in 2024 while China logs only a 2% increase to $16.6 billion

Amid strained US ties, China finds unlikely friend in conservative Utah

China's global campaign to win friends and influence policy has blossomed in a surprising place: Utah, a deeply religious and conservative state with few obvious ties to the world's most powerful communist country. An investigation by the Associated Press has found that China and its US-based advocates spent years building relationships with the state's officials and lawmakers. Those efforts have paid dividends at home and abroad, the AP found: Lawmakers delayed legislation Beijing didn't like, nixed resolutions that conveyed displeasure with its actions and expressed support in ways that enhanced the Chinese government's image. Its work in Utah is emblematic of a broader effort by Beijing to secure allies at the local level as its relations with the US and its western allies have turned acrimonious. US officials say local leaders are at risk of being manipulated by China and have deemed the influence campaign a threat to national security. Beijing's success in Utah shows how ...

China's biggest export hub struggles to stay afloat amid uncertainties

Located 50 km from Shanghai, Kunshan used to boast up to 30 per cent higher wages than other provinces, but now the companies there are cutting back their production amid the slowing economy of China

Here's why turmoil in China's mega EV industry may spark a shake-up

The boost part, though, is looking a bit tenuous for both established and EV firms

China foreign minister says nation's recovery to benefit US companies

Qin Gang, Foreign Minister, China, welcomed US firms to keep expanding investments in China and to set roots in the country