Page 8 - China

China to impose up to 42.7% provisional tariffs on EU dairy products

China will impose up to 42.7 per cent of provisional tariffs on dairy products, including milk and cheese imported from the European Union, its Commerce Ministry said on Monday. The elevated duties, which take effect Tuesday, were based on preliminary results from an investigation opened by China's Commerce Ministry in August 2024 as tensions between Beijing and Brussels flared. Beijing reviewed subsidies provided by EU countries for their dairy and other farm products. Beijing's probe was launched as part of tit-for-tat measures as the EU investigated Chinese subsidies on electric vehicles, and later imposed tariffs as high as 45.3 per cent on China-made EVs. China had initiated other probes into European brandy and pork imports as countermeasures for the EU's tariffs on Chinese EVs. It had also urged the EU to scrap its EV tariffs. The temporary duties on EU dairy imports will range from 21.9 per cent to 42.7 per cent, according to the Commerce Ministry, and will cover a basket o

Nvidia aims to begin H200 chip shipments to China by mid-February

Nvidia has also told Chinese clients that it plans to add new production capacity for the chips, with orders for that capacity opening in the second quarter of 2026

Arunachal resilient amid diplomatic row; sees NDA's win in civic polls

Arunachal Pradesh found itself navigating a series of challenges in 2025, ranging from a diplomatic row involving an Arunachalee woman's harassment at Shanghai airport and protests over a power project to natural disasters, underscoring the resilience of the country's easternmost frontier state. The year also witnessed the NDA's dominance in the political sphere with the BJP winning a majority of zilla parishad and gram panchayat constituencies and emerging victorious in civic elections. The BJP bagged 170 out of 245 zilla parishad member (ZPM) seats, including 59 uncontested ones, establishing its clear dominance at the district level. The party won 14 of the 20 wards in the Itanagar Municipal Corporation elections, while it got two wards, and its partner Peoples' Party of Arunachal (PPA) secured five in the Pasighat Municipal Council. The opposition Congress failed to open its account in both civic bodies. The year's most-talked-about episode was the ordeal of Pema Wangjom Thongdo

Easy money defined Asia in 2025, but tightening curbs hint at harder times

The real hit - if there is to be one - from the barriers erected by the White House will only be truly felt in 2026

iShowSpeed marvels at China as tourism boom offers many perks for visitors

Close to 5 billion people travelled in the first three quarters of 2025, an 18 per cent jump from last year

Water-soluble fertiliser imports steady despite China export crackdown

Between January and November 2024 and 2025, data show that speciality water soluble fertiliser imports from China dropped by just 8.7 per cent, while overall it rose by 8.8 per cent

India's trade deficit with China may reach $106 billion in 2025: GTRI

India's trade deficit with China is expected to reach USD 106 billion in 2025 as imports are rising faster than the country's exports to the neighbouring country, think tank GTRI said on Friday. It said that the country's exports to China fell from USD 23 billion in 2021 to USD 15.2 billion in 2022, stayed low at USD 14.5 billion in 2023, and then edged up to USD 15.1 billion in 2024. In 2025, exports are estimated to improve to USD 17.5 billion, still well below earlier levels, the Global Trade Research Initiative (GTRI) said in its report. On the other hand, imports from the neighbouring country have climbed much faster - from USD 87.7 billion in 2021 to USD 102.6 billion in 2022, USD 91.8 billion in 2023 and USD 109.6 billion in 2024. This calendar year, the country's inbound shipments are estimated at USD 123.5 billion. "This has pushed India's trade deficit (difference between imports and exports) with China from USD 64.7 billion in 2021 to USD 94.5 billion in 2024, and an ..

Why China rose and India lost ground in the global middle-class map

An unambitious elite spoiled by finance - plus a working class held back by inadequate education and inequities of caste and gender - are stymying the emergence of a global middle class in India

China launches $113 billion free-trade experiment on Hainan island

Foreign direct investment into China fell 10.4 per cent year-on-year in the first three quarters of 2025, official data shows

US approves up to $11 bn arms sale to Taiwan, risking China backlash

The total value of the sales is up to $11.154 billion, according to a separate statement from Taiwan's Defense Ministry

How China's 'Manhattan Project' aims to break Western control of AI chips

China has secretly built a prototype machine to make advanced AI chips, aiming to end Western dominance, with working chips expected by 2028-2030

Taiwan detects 40 sorties of Chinese aircraft, 8 vessels around nation

As per the MND, of the 40, 26 sorties crossed the median line and entered Taiwan's northern, central, southwestern and eastern ADIZ

China sues Missouri after state seeks to collect on $25 bn court judgment

Missouri's top prosecutor said China is suing after the state pressed federal officials for help collecting on a roughly USD25 billion court judgment related to the COVID-19 pandemic. Attorney General Catherine Hanaway said Tuesday in a news release that China is demanding a public apology from the state in a complaint filed in the Intermediate People's Court of Wuhan. The Chinese government also is seeking compensation equivalent to USD 50.5 billion plus legal fees and the right to claim further compensation. "This lawsuit is a stalling tactic and tells me that we have been on the right side of this issue all along, Hanaway said in the news release. At issue is a lawsuit Missouri filed alleging that China hoarded personal protective equipment during the early months of the pandemic, harming the state and its residents. A federal judge ruled for Missouri earlier this year after China declined to participate in the trial. It called the lawsuit very absurd when it was filed in ...

Outbound shipments from India to China surge to $12.22 bn in Apr-Nov

Trend indicates Beijing is shifting its sourcing away from US, say officials

Why China's graduates are choosing government jobs over private firms

China's weak economy and job cuts in private firms are pushing young graduates towards government jobs, with record applicants chasing stable careers despite tough competition

Best of BS Opinion: New rural jobs law will bring significant changes

Today's wrap looks at the new rural jobs law, the push to open civil nuclear power to private investors, a US strategic reset, RBI's views on bank ownership, and a book on American power

Xi Jinping warns officials against chasing 'reckless' GDP expansion

The Chinese leader also warned that 'inefficient' investment, which results in projects being abandoned as soon as they are completed, must be prevented

Jimmy Lai: Hong Kong's media mogul who became fierce critic of Beijing

To his supporters, former media mogul Jimmy Lai is a fighter for democracy. To his opponents, he's a traitor to his motherland. Now, he could face life in prison after being convicted of conspiracies to commit sedition and collusion with foreign forces awaits a verdict in a landmark trial that began in 2023. Lai, 78, is an outspoken critic of China's ruling Communist Party who was arrested in 2020 under a national security law following massive anti-government protests that rocked Hong Kong the year before. His arrest and the closure of his Apple Daily newspaper, a tabloid-style publication that backed the democracy movement, dealt a blow to free speech in a city that was once a bastion of press freedom in Asia. A conviction could keep the British citizen in jail for the rest of his life. Born in mainland China, Lai was just 12 when he arrived in Hong Kong on a fishing boat as a stowaway, hoping for a better life in the then-British colony. He began working as a child labourer in

China confronts cost of dismantling the world's biggest coal sector

Coal has been closely tied to the Communist Party's history and to its efforts to transform China's economy over the past decades

China's EV makers spark price war in Thailand with discounts up to 38%

The savings are eye-catching: BYD Co. slashed as much as 38 per cent from the sticker price for its Seal electric sedan in October, and is offering compensation if there are more price cuts