Page 377 - China

China-US monetary policy divergence aids yuan stability: Ex-regulator

'Therefore Sino-US monetary policy divergence will likely become greater,' Guan Tao, global chief economist at BOC International said

China's factory inflation hits six-month low on government curbs

The world's second-biggest economy faces multiple headwinds, weighed down by persistent weakness in the property sector and strict anti-coronavirus measures

China's Xi says Hong Kong needs to stabilise and control Covid surge

COVID infections have surged 20 times on a daily basis since the start of February and Carrie Lam has said authorities can no longer keep up with testing and isolation mandates

Mining firm BHP first-half profits beats estimates, triggers talk of M&A

Iron ore prices, however, have halved from last year's record levels as China's push to curb emissions and easing construction activity in the country's debt-laden property sector curtailed demand

Russia returns some troops to base in areas near Ukraine: Report

Russia's Interfax news agency said that while large-scale drills across the country continued, some units of the Southern and Western military districts have started returning to base

China greenlights Audi-FAW's $3.3 billion electric vehicle venture

The plant will start production in December 2024 and have the capacity to manufacture 150,000 cars a year, according to the regulator

Major Chinese industrial city steps up Covid control; Bosch affected

The city of Suzhou - a trading, commercial and industrial hub in the eastern province of Jiangsu - reported eight domestically transmitted infections with confirmed symptoms for Monday

Chinese president Xi Jinping orders combat testing of military equipment

The Chinese military has begun combat-oriented testing and assessment of its weapon systems following President Xi Jinping's order to perform in the real battle conditions

China seen rolling over medium-term loans, rate change not expectedin

The PBOC said on Friday it would keep liquidity reasonably ample and step up financing support for key sectors and weak links of the economy, but not resort to 'flood-like' stimulus

China's Vice Premier reviews farm output, seeks more soybean production

Hu also emphasized stabilising planted grains acreage and strengthening farmland protection, reiterating policies previously laid out by central leadership, Xinhua said

Chinese, not SpaceX rocket, set to crash into Moon on March 4

Bill Gray, an astronomer running Project Pluto, had earlier said a SpaceX rocket that blasted off seven years ago is on a collision course with the Moon

Australian miners' earnings to shine spotlight on iron ore prices, demand

The world's biggest iron ore producer is set to log record annual earnings, owing to all-time high profits in its first half and a more diverse product mix

European Union plans $23 billion to check China's reach in S Africa

The EU is working on $22.7 bn financing package to support African transport networks, as well as energy, digital, education and health projects to counter China's reach in the continent.

Covid: China grants conditional approval for Pfizer's oral drug

The pill is a small-molecule oral drug, a co-package of antiviral drugs nirmatrelvir tablets and ritonavir tablets, for adults who are experiencing mild to moderate Covid symptoms

US Indo-Pacific strategy to back India's 'rise, regional leadership'

US President Joe Biden's administration has outlined its Indo-Pacific strategy that would "support India's continued rise and regional leadership".

Current situation at LAC due to violation of pacts by China: Jaishankar

The current situation at the LAC has arisen due to the disregard of written agreements by China not to mass soldiers at the border, Jaishankar said.

US aims to counter Chinese influence by opening embassy in Solomon Islands

The US says it will open an embassy in the Solomon Islands, laying out in unusually blunt terms a plan to increase its influence in the South Pacific nation before China becomes strongly embedded.

After Quad meet, Jaishankar visits Shrine of Remembrance in Australia

External Affairs Minister S Jaishankar has visited the Shrine of Remembrance, one of Australia's largest war memorials.Taking to Twitter Dr S Jaishankar said: "Visited the Shrine of Remembrance, one of Australia's largest war memorials. A solemn moment to honour the memory of the fallen soldiers."Notably, Australia hosted India, Japan and the United States for the fourth Quad Foreign Ministers' Meeting in Melbourne on Friday and the top diplomats bolstered cooperation in areas including economy, security, coronavirus pandemic and free and open Indo-Pacific.The Quadrilateral Security Dialogue (Quad) is a partnership of Australia, India, Japan and the US, each of whom shares a commitment to openness and transparency and challenges posed by China and the situation in Ukraine.This is the first time Quad Foreign Ministers are meeting since the two Quad Summits last year. They will be discussing ongoing Quad cooperation in their bilateral phone calls and meetings.Addressing a press ...

US has always used Pakistan, while China stood the test of time: Imran Khan

Khan made the remarks during a recent interview with Eric Li, Director of the Advisory Committee of China Institute of Fudan University, The News International newspaper reported on Friday

Quad a tool to contain China, stoke confrontation: Beijing

China, which has territorial disputes with many countries in the strategic Indo-Pacific region, has been opposing the Quad alliance since its formation