Page 63 - China

Apple steps up iPhone production in India amid US-China trade tensions

As US-China trade tensions escalate, Apple is rapidly shifting its iPhone production to India, with new factories starting up and record shipments already underway

Taiwan detects 20 sorties of Chinese aircraft, 8 vessels near its territory

According to the MND, 18 sorties crossed the median line and entered Taiwan's northern, southwestern, and eastern Air Defence Identification Zones (ADIZ)

China's factory activity shrinks in Apr as PMI dips to 49, recovery stalls

The official purchasing managers' index (PMI) fell to 49.0 in April versus 50.5 in March, below the 50-mark separating growth from contraction

22 killed, 3 injured in restaurant fire in China's Liaoning province

The fire broke out at 12:25 p.m. (0425 GMT) in a restaurant in a residential area of Liaoning Province's Liaoyang City, state broadcaster CCTV said

With millions single, China's youth turn to livestreams to find 'true love'

Young Chinese singles are ditching dating apps and turning to livestreamed matchmaking rooms, where thousands watch as they search for real love in real time

Trade war with US may kill 16 million jobs in China, warns Goldman Sachs

Retail, manufacturing, and coastal economies brace for impact as US-China trade tensions escalate

Japan PM to discuss Chinese aggression, US tariffs during Philippines visit

Japanese Prime Minister Shigeru Ishiba is travelling to the Philippines on Tuesday seeking to further boost an alliance in the face of China's growing assertiveness in the region. Ishiba will meet Philippine President Ferdinand Marcos in Manila on Tuesday at the start of his two-day visit. Their talks are expected to focus on China's aggressive actions in the disputed South China Sea and East China Sea, a reaffirmation of their commitment to a three-way alliance with the United States, and the barrage of tariffs imposed by President Donald Trump, officials said. Japanese and Philippine officials are expected to start negotiations this year on two defense pacts, including a proposed defense logistical agreement that would allow the provision of food, fuel and other necessities when Japanese forces visit the Philippines for joint training under a major defence accord that was signed last year and is expected to be ratified by the Japanese legislature. Another proposed agreement involv

China's ecommerce giants rally to shield economy from Trump tariff impact

If Trump's tariffs persist, they could severely impact business models of Temu, Shein, Alibaba's global units, and thousands of small Chinese exporters reliant on the US market

Japan worries Trump's tariffs will push Asian nations towards China

Onodera, a former Japan defence minister, stressed the need to reinforce defence cooperation with the US amid growing threats, including from Beijing

China import delays likely to put Apple's India plans in jeopardy

iPhone 17 plans, localisation drive hit by China delays

India's military expenditure was nearly 9 times that of Pak in 2024: SIPRI

India's military spending in 2024 was nearly nine times that of Pakistan's expenditure, according to a study released on Monday by a leading Swedish think-tank that comes amid growing tensions between the two countries over the Pahalgam attack. India's military expenditure, the fifth largest globally, grew by 1.6 per cent to USD 86.1 billion while Pakistan's spent USD 10.2 billion, according to the Stockholm International Peace Research Institute (SIPRI). The top five military spenders -- the United States, China, Russia, Germany and India -- accounted for 60 per cent of the global total, with combined spending of USD 1635 billion, it said. China's military expenditure increased by 7.0 per cent to an estimated USD 314 billion, marking three decades of consecutive growth, the study noted. The communist nation accounted for 50 per cent of all military spending in Asia and Oceania, investing in the continued modernisation of its military and expansion of its cyberwarfare capabilities

China backing Pak's probe demand shows its double standards: Experts

The two districts are located in Jammu & Kashmir, where 26 people were killed in a targeted terrorist attack in the town of Pahalgam on April 22

KPIT Technologies Q4 results: Profit up 49% at ₹244.7 cr; revenue up 16%

Automobile-industry focused KPIT Technologies on Monday reported a 48.9 per cent increase in consolidated net profit at Rs 244.7 crore in the March quarter. It had logged a net profit of Rs 164.3 crore in the year-ago period, according to a regulatory filing. Revenue rose 15.9 per cent to Rs 1,528.3 crore during the quarter against Rs 1,317.8 crore a year ago. Sequentially, profit and revenue climbed 30.9 per cent and 3.4 per cent, respectively. "We have consistently delivered 19 sequential quarters of growth in revenues and operating profits. China's mobility ecosystem has challenged global OEMs (original equipment manufacturers) on the alteration of paradigms in speed, cost and innovation in vehicle development. We have made investments in leadership training, mobility-specific AI solutions, automation, platforms, tools & accelerators and new markets. "On the back of strong deal wins for strategic engagements, coupled with potential acquisition of specialized companies, we are .

China's nuclear power surge: 10 new reactors approved, $27 bn investment

China greenlights 10 new nuclear reactors with a $27 billion investment, driving rapid growth in clean energy. With 30 reactors under construction, it's on track to surpass the US by 2030

Why did China declare sovereignty over a disputed reef in South China Sea?

This development comes at a time when Philippine and US troops are conducting their annual military exercises, which include preparation for potential South China Sea conflicts

China backs Pakistan, calls for 'swift, fair' probe into Pahalgam attack

China has reiterated its strong support for Pakistan in 'defending its sovereignty and security interests' amid heightened tensions with India after Pahalgam terror attack

Best of BS Opinion: India needs a new approach to managing gold and water

Today, we look at the challenges and opportunities that India faces in various areas, from gold to flowers to water, and most importantly, China.

China lowers minimum amount for tax refunds for tourists to boost spending

China announced a lower threshold for tax refunds for foreign tourists among a series of policies on Sunday to boost consumption as its economy comes under pressure during a trade war between Beijing and Washington. Travellers can apply for a tax refund if they spend 200 yuan (about $27) at the same store on the same day and meet other requirements starting Sunday, according to a joint statement by the Ministry of Commerce and other authorities. Previously, the minimum amount was 500 yuan (about $69). The upper limit for their tax rebate in cash also has been doubled to 20,000 yuan ($2,745). The government will expand the coverage of tax refund shops and streamline the procedures. Officials encourage some regions to set up refund points for travellers to get rebates immediately after their purchases in areas highly concentrated with tourists, the statement said. China's Vice Minister of Commerce Sheng Qiuping told reporters in a news conference that inbound tourist consumption ...

We need to talk about China as global economic tensions remain high

Chinese govt made important mistakes during pandemic. It chose to support Russia in its invasion of Ukraine in 2022. Embracing nationalism, it chose hostile behaviour against India in 2017 and 2020

China's Huawei Technologies develops new AI chip, seeking to match Nvidia

Huawei has approached some Chinese tech companies about testing the technical feasibility of the new chip, called the Ascend 910D, the report said, citing people familiar with the matter