Page 42 - China

DGTR for anti-dumping duty on glass fibre imports from China,Thailand

The commerce ministry's investigation arm DGTR has recommended imposition of an anti-dumping duty for five years on imports of glass fibre, used in various sectors, including electricals from China, Bahrain, Thailand, with an aim to guard domestic players from cheap inbound shipments. In its final findings, the Directorate General of Trade Remedies (DGTR) has concluded that the product has been exported to India at a price below the normal value, resulting in dumping. The recommended duty ranges between USD 194 per tonne and USD 394 per tonne. "The authority recommends imposition of anti-dumping duty" on the imports of the product from China, Bahrain and Thailand for a period of "five years," the DGTR has said in a notification. While the DGTR recommends the duty, the finance ministry takes the final decision to impose the same. In a separate notification, the DGTR said it has initiated a probe to review the need to continue imposition of anti-dumping duty on chemical used in adhe

Taiwan detects 14 Chinese aircraft, 5 PLAN vessels near territory

The frequent incursions and maritime operations reflect rising tensions between Taiwan and China, a relationship long fraught with geopolitical strain

Despite China's assurance, rare-earth magnet supply eludes automakers

Despite China's assurance, Indian automakers are yet to get rare earth supplies, deepening EV and auto component uncertainty

China's state planner vows to improve policies to hit growth target

China will manage capacity in key sectors to better coordinate the economy and external "economic and trade struggles", Zheng said

China urges all sections in Nepal to properly handle issues, restore order

China on Wednesday urged all sections of Nepal to "properly handle" domestic issues, and restore social order and stability after violent protests led to the resignation of Prime Minister K P Sharma Oli. China and Nepal are traditional friendly neighbours, Chinese Foreign Ministry spokesperson Lin Jian told a media briefing here, commenting for the first time on the situation in Nepal. We hope all sections of Nepal will properly handle domestic issues, restore social order and regional stability as soon as possible, he said in response to a question. Lin, however, did not comment on the resignation of Oli, regarded as a pro-China leader instrumental in deepening Kathmandu's strategic ties with Beijing. Oli, who was recently in China to attend the Shanghai Cooperation Organisation (SCO) summit and the September 3 military parade commemorating the victory over Japan in World War II, resigned on Tuesday, following mass protests across Nepal. He quit after hundreds of agitators entere

BYD senior management to visit India, looks to strengthen presence

Due to easing travel restrictions, the company has also started applying for visas for the senior managers and engineers

China's consumer prices drop fastest in 6 months as factory deflation eases

Weak consumer demand has weighed on China's economic growth as the property market downturn persists and US tariffs squeeze exports

China's Marshall plan is to go green with solar, EV battery investments

Since 2022, China's green-tech FDI has reached $227-$250 billion, roughly matching the post-WWII Marshall Plan that strengthened US-European alliances

US tech firms enabled surveillance, detention of thousands in China

The body camera hung from the top of the IV drip, recording the slightest twitch made by Yang Guoliang as he lay bloody and paralysed in a hospital bed after a police beating with bricks. By then, surveillance was nothing new for the Yang family in rural China, snared in an intricate network based on US technology that spies on them and predicts what they'll do. Their train tickets, hotel bookings, purchases, text messages and phone calls are forwarded to the government. Their house is ringed with more than a dozen cameras. They've tried to go to Beijing 20 times in the past few years, but masked men show up and grab them, often before they depart. And last year, Yang's wife and younger daughter were detained and now face trial for disrupting the work of the Chinese state a crime carrying a sentence of up to a decade in prison. Yet the Yangs say they are not criminals. They are simply farmers trying to beg Beijing to stop local officials from seizing their 1 1/2 acres of land in ..

Pakistan, China to form $7 bn consortium for railway project under CPEC

Pakistan and China have agreed to form a consortium of bilateral and multilateral partners to finance a USD 7 billion railway project, along with a four-year action plan (2025-29) for the second phase of the CPEC initiative. Pakistan and China recently launched the second phase of the controversial China-Pakistan Economic Corridor (CPEC) project. Speaking at a news conference, Planning and Development Minister Ahsan Iqbal said that during Prime Minister Shehbaz Sharif's recent visit to China, the two sides had agreed to constitute a consortium of financiers, including the Asian Development Bank (ADB), Asian Infrastructure Investment Bank (AIIB), China and Pakistan, for the 1,700-km Karachi-Peshawar railway line, the Dawn newspaper reported on Tuesday. He said China had assured financing not only for the rail project but also for the Karakoram Highway. Negotiations with multiple financiers would be concluded within a month, Iqbal said. The minister said Pakistan and China have agre

China unveils plan to accelerate AI integration with energy sector

China on Monday unveiled a new plan to accelerate the integration of artificial intelligence (AI) with the energy sector to achieve breakthroughs in key technologies such as data, computing power and algorithms. The plan was announced even as the new data shows the numbers of AI firms in the country surged to 5000 from 1400 in the past five years. Xin Guobin, vice minister of industry and information technology, released the new data at the World Smart Industry Expo in Chongqing, state-run Xinhua news agency reported on Monday. The date reveals the rapid growth of the AI sector in China which also enabled the country to make rapid strides in e-vehicles. The plan emphasizes breakthroughs in key technologies such as data, computing power and algorithms, outlining measures to optimize data-sharing mechanisms, establish a deeply integrated mechanism for coordinating computing power and electricity, and drive deeper integration of AI and software in the energy sector The plan, jointly

India's oil demand growth set to outpace China in 2025: Trafigura

China and India - the region's leading crude importers - are key drivers of demand growth, as producers and traders navigate the impact of economic shifts, plus the spread of renewable energy

China may ease crypto curbs as stablecoins challenge dollar dominance

With the, apparently coincidental, four-year anniversary of the last big tightening coming up this month, expect the next move by authorities to be a change of heart, a relaxation

Taiwan's Pacific influence dwindles as China gains ground in island nations

From six diplomatic alliances in the region in 2019, Taiwan now only has three: The Marshall Islands, the Republic of Palau, and Tuvalu

Taiwan detects 27 Chinese aircraft, 7 PLAN vessels near its territory

The frequent incursions and maritime operations reflect rising tensions between Taiwan and China, a relationship long fraught with geopolitical strain

Volkswagen unveils compact electric SUV ahead of Munich auto show

European automakers are up against stiff competition from China in the quest to bring affordable EVs to the market.

China's central bank buys gold in August for 10th consecutive month

China's gold reserves stood at 74.02 million fine troy ounces at the end of August, up from 73.96 million at the end of July

Jaishankar to represent India at BRICS virtual summit on Monday

External Affairs Minister S Jaishankar will represent India at a virtual summit of the BRICS grouping that has been convened by Brazilian President Luiz Inacio Lula da Silva next week to discuss trade disruptions triggered by Washington's policies on trade and tariff. The aim of the summit is to create a common approach in dealing with the Trump administration's tariff tussle. Brazil is the current chair of the BRICS. The 10-member grouping also includes India, China, Russia, South Africa, Indonesia, Iran and the United Arab Emirates. "The Brazilian chair of BRICS has called for a virtual meeting on September 8," External affairs ministry spokesperson Randhir Jaiswal said on Friday. "From our side, it will be the external affairs minister who will be participating in (the meeting). This BRICS Summit is at the leaders' level," he said at his weekly media briefing. Lula had dialled Prime Minister Narendra Modi on August 7 during which both the leaders pledged to strengthen bilateral

EU pork faces anti-dumping duties up to 62.4% as China steps up tariffs

China has announced provisional anti-dumping duties on EU pork, ranging from 15.6 per cent to 62.4 per cent, hitting major exporters like Spain, Denmark, and the Netherlands

Trump says India and Russia appear 'lost' to 'deepest, darkest China'

US President Donald Trump continues criticising India and Russia's ties with China