Page 5 - China

China asks banks to curb US Treasury exposure as bond market jitters grow

Chinese officials had urged banks to limit purchases of US government bonds, and instructed those with high exposure to pare their positions, according to sources

A START for multilateralism: Nuclear proliferation needs a global treaty

The US and Russia currently account for 90 per cent of all nuclear weapons. But there are now a total of nine nuclear-armed states, which collectively account for 12,241 warheads as of January 2025

Takaichi landslide win shows structural, ideological shift in Japan: China

China on Monday said that Japanese Prime Minister Sanae Takaichi's massive victory in the midterm polls, a result widely seen as fuelled by public resentment over Beijing's strong opposition to her, reflects some deep-seated structural problems and shifting ideological currents. Takaichi's Liberal Democratic Party won more than two-thirds majority in the House of Representatives in Sunday's election. The election results in Japan reflected some deep-seated structural problems as well as evolving trends of ideological currents, which deserve profound reflection by visionary individuals from all walks of life in Japan and the international community at large, Chinese Foreign Ministry spokesperson Lin Jian told reporters. He was replying to a question at a media briefing here whether Beijing's tough stance toward Takaichi's remarks on Taiwan, persisting with diplomatic tension, influenced the outcome of elections in her favour. China never interferes in the internal affairs of other .

Meet Jimmy Lai, Hong Kong's media mogul sentenced to 20 years in prison

The 78-year-old was found guilty of colluding with foreign forces and also upheld a separate sedition case

Easy money in China drives metals rally as real economy struggles

While overseas experience has proven invaluable in other economies, it appeared to play a diminished role in India's contemporary tech ecosystem

USTR's India map draws attention as Delhi, Washington announce trade pact

As New Delhi and Washington announced details of the bilateral interim agreement framework on trade, a map of India issued by the US Trade Representative's office on Friday drew attention. The map, posted by US Trade Representative on the social media site X, showed the entire region of Jammu and Kashmir, including Pakistan-occupied Kashmir, as Indian territory. Similarly, the Aksai Chin region, claimed by China, is also shown as part of the Indian territory, a significant messaging by the US. On previous occasions, maps of India have been shown with a demarcated line to portray the PoK and Aksai Chin region. But the map of India issued by the USTR shows the entire region of Jammu and Kashmir, including these two areas, as an integral part of India. New Delhi has consistently underscored that the entire Union Territory of Jammu and Kashmir has been, is and will always be an integral and inalienable part of India. India also asserts that Aksai Chin is an integral part of its terri

As the US closes its doors, world economies must prepare for a new future

How the US is abandoning the openness that helped it win the Cold War

India's imports from China dip in multiple sectors in 2024-25: MoS Prasada

India's imports from China have declined in multiple sectors such as fertilisers, chemicals, iron and steel and man-made yarn in 2024-25, Parliament was informed on Friday. In a written reply to the Rajya Sabha, Minister of State for Commerce and Industry Jitin Prasada said mobile phone imports have decreased from Rs 48,609 crore in 2014-15 to Rs 3,710 crore in 2024-25. On the other hand, the export of mobile phones has increased from Rs 1,566 crore in 2014-15 to more than Rs 2,05,017 crore in 2024-25. "In 2024-25, a decline in imports from China was observed across several sectors compared to the previous year. For example, imports fell sharply in fertilisers (61.4 per cent), followed by residual chemicals and allied products (19.7 per cent), iron and steel (10.3 per cent), and man-made yarn (9.5 per cent)," he said. He added that the government encourages Indian business establishments to explore alternative suppliers and to diversify their supply chains to reduce dependency on .

Record discounts on Russian oil to China aim to lure demand as India wavers

Discounts for ESPO Blend, delivered from the Pacific port of Kozmino to China, widened to nearly $9 a barrel to ICE Brent this week, from $7-$8 in recent months

Trump says he held excellent call with Xi, discussed Iran, trade and Taiwan

President Donald Trump said Wednesday he and Chinese President Xi Jinping discussed the situation in Iran in a wide-ranging call that comes as the US administration pushes Beijing and others to isolate Tehran. Trump said the two leaders also discussed a broad range of other critical issues in the US-China relationship, including trade and Taiwan and his plans to visit Beijing in April. Trump, who continues to weigh taking military action against Iran, announced last month in a social media post he would impose a 25 per cent tax on imports to the United States from countries that do business with Iran. Years of sanctions aimed at stopping Iran's nuclear program have left the country isolated. But Tehran still did nearly USD 125 billion in international trade in 2024, including USD 32 billion with China, USD 28 billion with the United Arab Emirates and USD 17 billion with Turkey, according to the World Trade Organization.

US seeks critical minerals trading bloc with allies to counter China: Vance

The Trump administration wants to create a critical minerals trading bloc with its allies that will use tariffs to maintain price floors and defend against China's tactic of flooding the market to undermine any potential competitors. Vice President JD Vance said Wednesday that the trade war over the past year exposed how dependent most countries are on the critical minerals that China has a stranglehold on. "We want members to form a trading bloc among allies and partners, one that guarantees American access to American industrial might while also expanding production across the entire zone," Vance said at a meeting of foreign ministers at the State Department. "What is before all of us is an opportunity at self-reliance that we never have to rely on anybody else except for each other, for the critical minerals necessary to sustain our industries and to sustain growth.

China's Xi and Russia's Putin hold video talks on bilateral ties

Chinese leader Xi Jinping and Russian President Vladimir Putin held talks via video on Wednesday, Chinese state media said. There were no immediate details on their conversation. The virtual meeting came in the middle of a series of meetings between Xi and Western leaders who have sought to boost ties with China despite differences over Russia's war in Ukraine. The British and Canadian prime ministers visited Beijing last month and the German chancellor is expected to later this month. The call with Putin may have been in part to reassure Russia that China's position on the war hasn't changed. European leaders have pressed China for years to end its support for Russia. China has continued to trade with Russia, providing some relief from Western economic sanctions. Russian Security Council Secretary Sergey Shoigu traveled to Beijing last weekend and met China's top foreign policy official, Wang Yi. The two officials agreed their countries should maintain close ties in a turbulent ..

China denounces Panama court ruling on ports, warns of 'heavy price'

China accused Panama of succumbing to hegemony and yielding to intimidation, instead of defending its independence as a sovereign state

China's disappearing generals show Xi Jinping's deepening grip on military

China had at least 30 generals and admirals at start of 2023 who ran specialised departments and commands; nearly all of them have been expelled or have disappeared during Xi Jinping's sweeping purge

China bans hidden car door handles over rising passenger safety concerns

China has banned hidden car door handles after safety incidents where people were trapped inside vehicles; from 2027, all cars must have mechanical door releases inside and outside

Xi Jinping meets Uruguay leader, calls for 'equal, multipolar world'

This is first visit by a South American leader to the Chinese capital since the United States invaded Venezuela in January and captured then President Nicolas Maduro in a raid

Trump plans $12 billion rare-earths stockpile to cut China reliance

US aims to shield manufacturers from supply shocks

Govt in talks to allow Alipay+ link to its instant payment systems: Report

The talks between Indian government and central bank officials and Singapore-based Ant International, which was founded by China's fintech giant Ant Group

How Chinese-language networks laundered $16 billion via crypto in 2025

Known as CMLNs, these networks laundered $16.1 billion via cryptocurrency in 2025 and accounted for nearly 20 per cent of the global illicit crypto market last year

Jaishankar set to visit US to participate in critical mineral summit

The summit will be significant for India, which is trying to strengthen domestic supply chains