Page 470 - China

China's CIC eyes U.S. investment after fund with Goldman raised $2.5 bn

The fund was launched with the aim of reaping returns from helping the U.S. firms that it invests in to expand their market in China

Court hearing for 47 Hong Kong democracy activists enters fourth day

The bail proceedings ongoing since Monday have lasted often a full day and at times into the morning, and several defendants have fallen ill

US stresses on countering China threat to 'stable and open int'l system'

The United States in its Interim National Security Guidance, released on Wednesday (local time), emphasised on the need to counter the growing threat by China

Turkey widens war technology hunt by tapping Pakistan's China ties

A deal would get Nato-member Turkey closer to some of China's military technology

ASML extends sales deal with Chinese chipmaker SMIC to end of 2021

ASML said the agreement began in 2018 and was slated to expire at the end of 2020, but the two companies agreed in February to extend the deal to the end of this year

Chinese telecoms firm ZTE preparing electric vehicle product line

The firm is joining a number of Chinese technology companies entering the electric vehicle market

US 'concerned' by Russia, China using vaccines to engage with countries

The United States on Tuesday expressed concerns over Russia and China using vaccines to engage with countries in a way where they're "not holding them to the same standard" the US

Dealing with cyber-attacks

India needs a carefully calibrated strategy

BRICS Bank grants over $1 billion Covid-19 assistance loan to China

The BRICS New Development Bank (NDB) on Tuesday approved another 7 billion yuan (about USD 1.08 billion) of emergency assistance loan to support China's economic recovery from the COVID-19 pandemic. This is the second emergency loan for the same amount approved by the NDB to help China fight the pandemic. The previous 7 billion-yuan loan was endorsed and paid in 2020. The Shanghai-based bank had also fully disbursed USD 1 billion loan to India under emergency assistance programme last year, to support the government in containing the COVID-19 outbreak and reduce human, social and economic losses. The latest loan to China will support the restoration of production activities, stabilise employment, promote sustainable economic development, a statement from the bank said. India this year has taken over as the rotating chair of the BRICS (Brazil, Russia, India, China, and South Africa) and is set to hold the annual summit of the five-member bloc. In April 2020, the bank set up a mecha

China proposes free travel to US based on recognition of Covid-19 vaccines

In a bid to open up foreign travel, China has proposed to the US mutual recognition of COVID vaccines and permission of free travel between the two countries to only those persons who are vaccinated.

Oil slips on fears over higher OPEC supply, slower China demand

OPEC oil output fell in February as a voluntary cut by Saudi Arabia added to reductions agreed to under the previous OPEC+ pact

Chinese fintech firms expected to meet capital requirements within 2 years

Chinese financial regulators have rolled out a slew of measures since last year to tighten the oversight of online lending practices

Bill in Congress to scrap 'one-China' policy, resume relations with Taiwan

Lawmakers introduced a legislation in the House of Representatives calling for the US to resume formal diplomatic relations with Taiwan and end the outdated and counter-productive one- China" policy

Chinese cyber attack: US Congressman urges Biden admin to stand by India

A top American lawmaker urged the Biden administration to stand by India in view of the Chinese cyber attack on India's power grid system

European Union, China to promote, protect specific agri-food products

With the bilateral agreement on geographical indications (GIs) entering into force, the EU and China will work on promoting the registered agri-food products as well as protecting the iconic names

China declares war on cryptocurrency mining, stirring wider fear

Inner Mongolia plans to shut all such operations by April

China expelled largest number of foreign journalists since 1989: FCC report

Working conditions for the foreign journalists in China deteriorated in 2020 with Beijing expelling 18 correspondents

China studies Boeing 737 MAX recertification, wants concerns addressed

China's aviation regulator said on Monday that its major safety concerns with the Boeing Co 737 MAX have to be 'properly addressed'

China said to speed up move to more survivable nuclear force, ready silos

The U.S. points to China's nuclear modernization as a justification for investing hundreds of billions of dollars to build an all-new nuclear arsenal

US calls on Beijing for release of Hong Kong democracy campaigners

The United States called on Beijing to release pro-democratic leaders detained in Hong Kong, who are charged under the stringent national security law