Page 90 - China

China turns to Global South ahead of Trump tariffs, India needs to be wary

China has been very conservative in its fiscal policy, and has strictly followed an informal limit of 3 per cent of gross domestic product (GDP) on fiscal deficits

Dissanayake's India visit marks positive shift in Sri Lanka's foreign ties

On Monday, statements from Mr Dissanayake assured India that he would not allow Sri Lankan territory to be used in a way that would be detrimental to India's interests

China's largest corruption case: Li Jianping executed for $421 mn fraud

Li Jianping was convicted of embezzling over three billion yuan, or approximately $421 million, in illegal gains

Beijing urges Trump administration to make 'right choice' on US-China ties

The remarks followed President-elect Trump telling his first news conference since his election victory six weeks ago that Chinese President Xi Jinping had been a friend

China plans record budget deficit of 4% of GDP in 2025, up from 3%

These targets are usually not announced officially until an annual parliament meeting in March. They could still change before the legislative session

China capital markets outflow hits record high in Nov after Trump poll win

Cross-border receipts from portfolio investments were $188.9 billion, while payments totalled $234.6 billion

US moves to boost crackdown on China Telecom's unit over data privacy

There is growing alarm in Washington about China's alleged efforts known as Salt Typhoon to infiltrate American telecommunications companies

China's factories seek to Trump-proof their business by going global

Factory bosses also acknowledged that their attempts to Trump-proof their businesses are vulnerable to the whims of his trade policies

China spikes incursions into Taiwan; 10 aircraft, 7 naval vessels detected

According to the MND, of the 10 People's Liberation Army (PLA) aircraft, four crossed the Taiwan Strait median line in the country's northern, central and southwestern ADIZ

NSA Doval, China's Wang Yi to discuss solutions to boundary question on Wed

NSA Doval is India's Special Representative on the India-China boundary question and Wang Yi, Member of the Political Bureau of the Communist Party of China (CPC) Central Committee

Trump team plans sweeping rollback of Biden's EV, emissions policies

The recommendations, which have not been previously reported, come as the US electric-vehicle transition stalls and China's heavily subsidized EV industry continues to surge

China to boost household income with direct support, social security steps

Policymakers are weighing inclusion of more products in high demand and with potential for replacement in the scheme, as this programme had a "very good" effect this year, it added, without stating

EU imposes new sanctions on Russia, illicit oil shipments, targets China

The EU began adding ships this year in response to an increase in the number of vessels transporting cargoes that are not regulated or insured by conventional Western providers. The listing included

Stop whitewashing mistakes, turn the knife inward: Xi to Chinese officials

Chinese President Xi Jinping, who continues to crack the corruption whip on the ruling Communist Party and the military officials, asked the cadre to turn the knife inwards, stop whitewashing mistakes and carry the anti-graft campaign without any mercy. Since he came to power in 2012, Xi made the anti-corruption campaign the main plank of his governance model. Official media accounts say over a million party officials, including two defence ministers and dozens of military officials, were punished and prosecuted in the campaign. In his speech delivered at the plenary session of the Central Commission for Discipline Inspection (CCDI) in January this year, contents of which were released for the first time on Sunday by party theoretical magazine Qiushi, 71-year-old Xi has called on cadres to confront corruption head-on so that interest groups cannot prey on the Party. Xi said all party members must deeply promote the party's self-revolution referring mainly to the fight against ...

China to optimise use of special bonds for economic recovery next year

China has said local governments will be allowed to use special bonds to purchase unused land and support the purchase of existing commercial housing for use as affordable housing

China's Instagram-like Xiaohongshu making inroads with e-commerce sales

Xiaohongshu, sometimes compared to Instagram, has long been one of China's most important marketing tools

We must win back market share, rethink strategy: Mercedes-Benz labour chief

Mercedes-Benz Cars sold 1.46 million cars in the first nine months of this year, down 4.3% from the same period of 2023

China's industrial output rises, weak consumption pressures economy

China's industrial output grew 5.4 per cent in November year-on-year, up from the 5.3 per cent pace seen in October

EAM Jaishankar calls for balanced India-China ties for mutual benefit

External Affairs Minister S Jaishankar on Sunday said it is in interest of both India and China to "reach an equilibrium", but the problem is "we are still grappling with short-term" and right now, short-term will focus on de-escalation. An agreement was recently firmed up between India and China on patrolling and disengagement of troops along the Line of Actual Control (LAC) in eastern Ladakh, a breakthrough to end the over four-year standoff. The move marked a significant development in the pursuit of reduced tension along the LAC in eastern Ladakh since the fierce clash in the Galwan Valley in June 2020 that marked the most serious military conflict between the two sides in decades. The ties between the two Asian giants had nosedived following the clash. "It is in interest of both countries to reach an equilibrium. And, conceptually it's difficult to do, because both are changing in an absolute terms, and vis-a-vis the world, so it's very complex equation. The world is changing,

Taiwan must invest in asymmetric weapons, warfare, says US military expert

The report compared military equipment sold to Taiwan during US President-elect Donald Trump's first term in office and US President Joe Biden's current term