Page 387 - China

Oil prices slip as China cuts first batch of import quotas for 2022

Brent crude futures fell 41 cents, or 0.5%, to $78.82 a barrel at 0755 GMT, down for the first time in four days.

Free groceries delivered to residents of China's Xi'an amid lockdown

Many residents in the city, which has a population of 13 million, received free food items provided by the local government on Wednesday.

China's tech moguls see $80 bn in combined net worth evaporate in 2021

The drop represents almost a quarter of their total wealth and is the largest one-year decline since 2012, when the Bloomberg index started tracking the world's richest people

China tightens travel restrictions in Tibet ahead of Olympics: Report

Chinese officials have tightened travel curbs in the Tibet region ahead of Beijing Winter Olympics and deployed a large police force in the regional capital Lhasa, a media report said

Explained: How democracy was dismantled in Hong Kong in 2021

Again and again throughout the year, the city's authorities and the central government in Beijing stamped out nearly everything the pro-democracy movement had stood for

China vows to shave taxes by $17.3 billion a year, says report

Plans more tax and fee cuts next year to help struggling businesses

Shanghai metro solidifies status as world's longest, total length at 831 km

With two new metro lines set to go into operation on Thursday, the total length of Shanghai's metro network will extend to 831 km, continuing to be the longest in the world, according to authorities

China injects most cash in 2 months; 10-year yields at lowest in 18 months

China's 10-year government bond yield fell two basis points to 2.795 per cent as of 4:40 pm in Shanghai

Mach 5 missiles spur new arms race as US seeks to match China

The military's renewed interest in ultra-high-speed missiles opens the door to lucrative contracts that could last decades

China orders millions more into lockdown after Covid-19 flare-up

Despite facing a much smaller outbreak compared with global virus hotspots, China has not relaxed its "zero Covid" strategy

China's Xi'an logs 811 Covid cases amid surge in coronavirus infections

Xi'an, capital of China's Shaanxi Province reported 175 confirmed locally transmitted Covid cases on Monday, taking the total tally to 811 amid the surge in coronavirus cases, local media reported.

China says Musk's SpaceX satellites came close to its space station twice

China urged Washington to take measures to prevent such close encounters from happening again and act in a responsible manner

Covid cases in China highest in 20 months as 200 new infections recorded

China reported 200 new Covid-19 cases in the past 24 hours, with 162 domestic transmissions, the largest daily increase in almost 20 months

China pursues 'self-reliance' in technology, fuelling global unease

To help make China a self-reliant technology superpower, the ruling Communist Party is pushing the world's biggest e-commerce company to take on the tricky, expensive business

Evergrande races to restart projects as debt repayments loom

Nearly 92 per cent of Evergrande's property projects have so far restarted

Didi shares slump after insiders blocked from selling stock

The move to block employees from unloading their shares comes just as early investors are set to be able to sell stock on Monday at the end of Didi's 180-day lock-up following its June IPO

Amid boycott, India-China trade volume at record high of $100bn: Report

Amidst repeated domestic boycotts of Made-in-China, trade volume between India and China hit a record high of $100 billion by November, the Global Times reported

Strength of Chinese, Russian warships poses a challenge to US navy

US navy will be tasked with challenges posed by both Russia and China's navy in the near future.China's People's Liberation Army Navy (PLA Navy) already numbers 355 ships of war, making it the world's largest in terms of brute numbers of hulls. And these figures are only trending upward. The PLA may deploy as many as 460 ships by 2030, judging from the latest estimates., according to Hill.Meanwhile, the US Navy trails behind China's navy with just 295 hulls displacing water. And while the uniformed navy leadership envisions building up to a fleet numbering between 398 and 512 vessels, a hefty share of those totals between 77 and 140 hulls will be made up of unmanned surface and subsurface craft.Moreover, the PLA Navy remains mostly concentrated in China's environs while US Navy scatters task forces about the globe performing sundry errands as a part of it's maritime strategy.Only a fraction of American sea power calls the Western Pacific home. Worse still, sea power is no longer all .

US allies divided over Biden's diplomatic boycott of Beijing Olympics

Ahead of Beijing's Winter Olympics starting February next year, allies and partners of the United States are reportedly divided over the Biden admin's decision to diplomatically boycott the games

World economy to top $100 trillion in 2022 for first time: Report

India will regain sixth position from France next year and become third largest economy in 2031, says study