Page 25 - China

Africa stands out as a hotspot of China's rising global influence

China's growing influence in Africa is boosting its popularity, securing access to critical minerals, and investing in EV battery production, outpacing Western rivals in the resource race

China's consumer price wars hit Botox and skincare, driving costs down

China's $38 bn medical aesthetics sector may face a price war, following trends in other industries that gave shoppers 50-cent meals and $4,200 electric vehicles, pushing costs sharply down

US lawmakers meet China's Li Qiang, call for more military dialogue

A bipartisan group of US lawmakers pushed for more military-to-military dialogue in a meeting Sunday with China's Premier Li Qiang, a rare congressional visit since the US-China relations soured. The last trip by a group of senators was in 2023, and Sunday's delegation was the first from the House of Representatives to visit Beijing since 2019. Li welcomed the delegates led by Rep. Adam Smith and called it an icebreaking trip that will further the ties between the two countries. It is important for our two countries to have more exchanges and cooperation, this is not only good for our two countries but also of great significance to the world, Li said. Smith, a Democrat on the House Armed Services Committee, said both sides were in agreement on the overarching aim of the visit. "Certainly, trade and economy is on the top of the list ... (but also) we're very focused on our military-to-military conversations, he said in opening remarks. As a member of the Armed Services Committee, I

Chinese savers have $23 trillion with few attractive options beyond stocks

So far, retail investors haven't driven the rally - local institutions and foreign inflows have, according to Goldman Sachs Group Inc

UN Security Council votes down effort to halt Iran snapback sanctions

A UN Security Council resolution aimed at halting the reimposition of sanctions on Iran over its nuclear programme failed Friday after weeks of last-ditch diplomatic talks appeared to break down days before the annual United Nations gathering of world leaders. The resolution put forth by South Korea, the current president of the 15-member council, did not garner the support of the nine countries required to halt the series of sanctions from taking effect at the end of the month, as outlined in Iran's 2015 nuclear deal with world powers. Only four countries China, Russia, Pakistan and Algeria supported the effort, with some using the meeting to blast the European leaders for what they called an unjustified and illegal action against Iran. Their only goal now is to use the council as a tool for their bad faith play, as a lever to exert pressure on the state in favour of a state which is trying to defend its sovereign interests, Vassily Alekseevich Nebenzia, the Russian ambassador to

Hindustan Copper, Oil India sign pact for critical mineral exploration

Hindustan Copper Ltd (HCL) on Friday entered into an initial pact with Oil India Ltd for cooperation on exploration and development of critical and strategic minerals, including copper. The development comes at a time when the country is prioritising domestic production to reduce import dependency on China. State-owned Oil India Ltd (OIL) has a proven expertise in exploration, development, production and transportation of crude oil and natural gas. "In a significant step towards strengthening India's self-reliance in critical and strategic mineral sourcing, Oil India Ltd and Hindustan Copper Ltd signed a Memorandum of Understanding (MoU) on September 19, 2025," HCL said in a statement. HCL, a PSU under the mines ministry, is engaged in mining, production, processing and marketing of copper and related products. It is focusing on mining and beneficiation of copper ore and selling of copper concentrate. Hindustan Copper had earlier told PTI that it plans to bid for critical mineral

Watch out, AWACS: China's CJ-1000 may hunt down support aircraft mid-air

China unveiled the CJ-1000 hypersonic missile at a recent parade, calling it a 'plane-killer' capable of targeting support aircraft like AWACS and refuellers over 6,000 km away

Huawei unveils AI cluster breakthrough to supercharge China's tech drive

Huawei has developed powerful AI supernodes using its own chips, aiming to boost China's computing power and reduce reliance on foreign technologies like Nvidia

Trump says may extend China truce alongside TikTok talks with Xi Jinping

Trump said the deal on TikTok would be done "in conjunction with China" and that the US is getting "a 'fee plus' for just making the deal."

What China ban means for Nvidia's billions and who gains in Beijing?

China has reportedly directed its biggest technology firms, including ByteDance, Alibaba and Tencent, to stop buying Nvidia's artificial intelligence chips and cancel existing orders

China closes Google antitrust probe as trade talks with US advance

Beijing has ended its investigation into Google. Nvidia is now under regulatory focus amid trade tensions between the US and China

At 18.9%, China's youth unemployment rises to highest level since 2023

A record 12.2 million university students graduated this summer, with many of them joining a job market that was strained by deflationary pressures and external uncertainties

China's rare earth exports hit record high in August ahead of Xi-Trump call

China's rare earth exports surged to a record 7,338 tons in August, even as EU firms raise issues on licensing delays

China leaves key interest rate unchanged after Fed rate reduction

Resilient exports and a sharp stock market rally have allowed policymakers to withhold fresh stimulus, market watchers said, even with a broader economic slowdown

Pak, China push UN to designate BLA, its Majeed Brigade as terrorist entity

Pakistan and China have submitted a joint bid at the UN Security Council to designate the Balochistan Liberation Army (BLA) and its suicide wing - Majeed Brigade - as a terrorist entity under the Council's 1267 Al Qaeda Sanctions Committee. Pakistan's Permanent Representative to the UN Ambassador Asim Iftikhar Ahmed said on Wednesday that terrorist entities, including ISIL-K, Al-Qaeda, Tehrik-e Taliban Pakistan, East Turkistan Islamic Movement, the BLA and its Majeed Brigade, operate from Afghan sanctuaries, with more than 60 terror camps serving as hubs for enabling cross-border attacks. Pakistan and China have jointly submitted to the 1267 Sanctions Committee a request to designate the BLA and Majeed Brigade. We hope the Council will act swiftly on this listing to curb their terrorist activities, Ahmed said at the UN Security Council meeting on the situation in Afghanistan. Pakistan currently sits in the 15-nation Security Council as a non-permanent member for the 2025-26 term, ..

Taiwan detects 7 Chinese aircraft, 6 naval vessels near territory

Taiwan has repeatedly accused Beijing of increasing such military activities as part of its pressure tactics

China stockpiling so much oil raises questions despite surge in EVs

China has purchased more than 150 million barrels - costing about $10 billion at current prices - above its actual use so far this year

Trump lists 23 major drug transit nations, including India, Pak, and China

The US President expressed commitment to defeating the threat posed by the illegal drug trade in the US

US and China have larger agendas to resolve, says Nvidia CEO Huang

Successive US administrations have restricted China's access to advanced chips, while Beijing has responded to the curbs by pressing domestic firms to turn away from American suppliers

The Big Short: Micro-dramas grow into $8 bn global business led by China

Micro-dramas are now a $26 bn global business, with China leading at $9.4 bn. India's start-ups are entering the race but the market size remains undefined