Page 386 - China

Record wave of emerging-market IPOs meets investors wary of risk

While the price of most newly issued stocks has risen since their IPOs, the benchmark gauge of developing-economy stocks just wrapped up its worst year since 2018

22 injured as 5.5 magnitude earthquake hits China's Ningland county

Twenty-two people have been injured in a 5.5-magnitude earthquake that struck the county of Ninglang in Southwest China's Yunnan province on Sunday, local media reported citing authorities.A 5.5-magnitude earthquake jolted Lijiang city of southwest China's Yunnan Province, according to the China Earthquake Networks Center (CENC).The tremor was felt at 3:02 pm on Sunday (Beijing Time), Xinhua reported.

China starts 2022 with worst tally of Covid cases for any 7-day period

China welcomed the year 2022 with the worst tally of Covid-19 cases for any seven-day period since subduing the country's first epidemic nearly two years ago.

Omicron, Winter Olympics could be on clash with China's zero-Covid strategy

Omicron and Winter Olympics could be on a collision course with China hoping to implement a zero-Covid strategy ahead of the games.Perhaps it was naive to expect that China's rigid approach to fighting Covid-19 complete with locking down millions of people and using invasive surveillance to keep tabs on citizens would not eventually cause problems for the host of the 2022 Winter Olympics amid an ongoing global pandemic, according to CNN.Meanwhile, China is battling one of its worst outbreaks of the year in Xi'an, a city 600 miles southwest of Beijing, where 13 million residents are currently on lockdown.However, the long-term strategy will continue to slow economic growth and potentially stir social unrest. Last week the World Bank cut growth forecasts for China, citing the impact of the Covid-19 pandemic and poor performance in the property sector.On the other hand, China Communist Party (CCP) remains very much present at home. The massive security apparatus installed over the ...

Beijing studying Soviet Union collapse to prevent disintegration of China

China is still learning the lessons from the collapse of the Soviet Union that happened in December 1991 to prevent the disintegration of the communist rule country under Xi Jinping.Dr Laksiri Fernando writing in the Sri Lankan paper Sunday Island questioned What happened 30 years ago in the Soviet Union? Will it happen in China?The Chinese Communist Party (CCP) has written thousands of internal papers, held study sessions and even produced a documentary about the downfall of its former rival and ideological cousin, wrote Rebecca Armitage in ABC News.The Chinese Communist Party, already one of the longest-ruling political parties (72 years) in the world, is determined to avoid the scrap heap of history."Why did the Soviet Union disintegrate?" Chinese leader Xi Jinping asked party officials in a leaked speech in 2012.The CCP has made a bid to outlive the Communist Party of the Soviet Union. China has learnt three lessons from the Soviet Union collapse - Embrace capitalism with Chinese .

China developers stare at a $197-bn problem as debt and wages pile up

The industry will need to find at least $197 billion to cover maturing bonds, coupons, trust products and deferred wages to millions of migrant workers

New Year: Indian, Chinese troops exchange sweets at border points

India and Chinese troops on Saturday exchanged sweets and greetings at several border posts along the Line of Actual Control (LAC) including in eastern Ladakh to mark the New Year, officials said.

China mining data from Western social media to equip military: Report

China is mining Western social media to equip its military and police with information on foreign targets, according to a new report

China Dec new home prices fall at slower pace compared to Nov: Survey

China's December new home prices declined at a slower pace compared with a month earlier, a private-sector survey showed on Saturday

China implements new border law, India likely to face more challenges

India is likely to face more challenges at the northern border as China implements its new border law from Saturday.

China opens embassy in Nicaragua after nation breaks ties with Taiwan

China opened an embassy in Nicaragua on Friday for the first time since 1990, acting just over three weeks since President Daniel Ortega's government broke off relations with Taiwan

Xi flags Taiwan reunification, CPC achievements in his New Year address

The complete reunification of our motherland is an aspiration shared by people on both sides of the Taiwan Strait, Xi said

Congress questions PM's 'silence' on China renaming places in Arunachal

The Congress Friday questioned Prime Minister Narendra Modi's "silence" on reports of China renaming 15 places in Arunachal Pradesh in their own language and calling the north-eastern state as South Tibet. "A few days back, we were remembering India's glorious victory in the 1971 war. Wise and strong decisions are necessary for ensuring the security and victory of the nation. You cannot win with empty rhetoric," former Congress President Rahul Gandhi said on Twitter, referring to a news report on the Chinese move. Chief Congress spokesman Randeep Singh Surjewala described the Modi government as "weak" and accused Prime Minister Modi of remaining "silent" on Chinese "threats" to India's territorial integrity. "As the year ends, China threatens our territorial integrity and sovereignty. China has already transgressed & occupied Depsang Plains & Gogra Hot Springs in Eastern Ladakh. China has set up a village in Arunanchal. Mr. 56" refuses to say a word. Weak Govt, Mum PM," ...

China stares at 1 mn EV shortfall due to chip shortage in 2022

A resurgence of Covid-19 around Southeast Asia this summer disrupted production at several chip foundries

China says Arunachal Pradesh 'inherent part' of its territory

China claims Arunachal Pradesh as South Tibet which is firmly rejected by the External Affairs Ministry which has asserted that the state is an "inseparable part of India"

3 Chinese warplanes enter Taiwan air defence zone, 23rd intrusion of month

Three Chinese military planes entered Taiwan air defence identification zone (ADIZ) on Thursday, said the Taiwanese defence ministry, marking it the 23rd intrusion of the month.One People's Liberation Army Air Force (PLAAF) Shaanxi Y-8 electronic warfare plane, one Shaanxi Y-8 reconnaissance airplane, and one Shaanxi Y-8 anti-submarine warfare aircraft flew into the southwest corner of Taiwan's ADIZ, according to the Ministry of National Defense (MND).In response, Taiwan sent aircraft, issued radio warnings, and deployed air defence missile systems to track the PLAAF planes, Taiwan News reported.A total of 83 Chinese aircraft have been spotted in Taiwan's identification zone so far in December, including 46 fighter jets, 2 bombers, and 35 spotter planes.Since September last year, China has increased its use of gray zone tactics by routinely sending aircraft into Taiwan's ADIZ, with most occurrences taking place in the southwest corner of the zone.Taiwan on Thursday said it witnessed ..

Pakistan, China resolve to redouble efforts to tap potential of Gwadar port

Pakistan and China have resolved to redouble efforts to tap full potential of the Gwadar port and free zone and to ensure that the local population fully benefits from the projects

Asia looks to China-focused trade bloc for coronavirus recovery

Members of a China-centered Asian trade bloc that takes effect Jan. 1 are hoping the initiative, encompassing about a third of world trade and business activity, will help power their recoveries

China halts dragon fruit imports from Vietnam over Covid-19 concerns

China has imposed a four-week ban on dragon fruit imports from Vietnam after detecting COVID-19 in some previous shipments.

China's tech moguls see $80 billion of wealth evaporate in 2021

The drop is almost a quarter of their total wealth and is the largest one-year decline since 2012