Page 15 - Chinese Companies
Retaliation can't be ruled out, says China after India bans mobile apps
The spokesperson of the Chinese Embassy in India, Ji Rong, said that the move has been discriminatory and selective, and may have violated World Trade Organization (WTO) rules.
 "Retaliation can't be ruled out, says China after India bans mobile apps")
India's Chinese app ban seen jolting $1 billion expansion of ByteDance
TikTok was removed from Google and Apple app stores in India after New Delhi said on Monday night it was among the 59 apps which it believed posed a "threat to sovereignty and integrity"
 "India's Chinese app ban seen jolting $1 billion expansion of ByteDance")
No goods from Chinese vendors is the new mantra for govt e-market place
The communication has been kept "informal" as banning purchase of country-specific products would be in violation of the World Trade Organization (WHO) rules
 "No goods from Chinese vendors is the new mantra for govt e-market place")
India-China border dispute: Tech firms at risk of losing Huawei link
Among the Indian IT companies, top-tier firms such as TCS, Infosys, Wipro and Tech Mahindra are learnt to be service providers for Huawei.
 "India-China border dispute: Tech firms at risk of losing Huawei link")
Chinese firms take record 50% of global equity raised in first half of 2020
China-based companies sold shares worth $32.1 billion in January-June including multi-billion-dollar secondary listings in Hong Kong
 "Chinese firms take record 50% of global equity raised in first half of 2020")
'Jhoola diplomacy', Chinese cash lulled India into complacency: Chidambaram
Prime Minister is the ex-officio Chairman of the PM-CARES Fund and Minister of Defence, Minister of Home Affairs and Minister of Finance, Government of India are ex-officio Trustees of the Fund
 "'Jhoola diplomacy', Chinese cash lulled India into complacency: Chidambaram")
Don't fear violence, ICEA tells Chinese firms amid fears of backlash
The move comes hard on the heels of protests in front of the gates of Chinese mobile device manufacturer Oppo, which has a unit in Greater Noida
 "Don't fear violence, ICEA tells Chinese firms amid fears of backlash")
TikTok, Helo, SHAREit losing mojo in India after border clash with China
The bloody clash between Indian and Chinese troops in Ladakh last week has sparked a popular demand for the shunning of Chinese products, ranging from apps to mobile phones.
India's trust and credibility deficits
The country needs less event management and more considered anticipatory action
 "India's trust and credibility deficits")
After Oppo factory protest, 'boycott China' call puts firms on high alert
Several right-wing groups, led by the Hindu Raksha Dal (HRD), are preparing to unleash more protest movements.
 "After Oppo factory protest, 'boycott China' call puts firms on high alert")
India has the ability to reduce dependence on China, cut deficit: Report
The trade deficit contraction estimate has been made for FY22, assuming for a fourth of the items in the 40 specified sectors being sourced locally, Acuite Ratings and Research said.
 "India has the ability to reduce dependence on China, cut deficit: Report")
'Take actions on trade with China on selective basis'
India imports about $70 billion worth of goods from China, mostly manufactured goods.
 "'Take actions on trade with China on selective basis'")
India-China face-off: BCCI to review IPL sponsorship deal with Vivo
The meeting of the IPL Governing Council will review the yearly Rs 440 crore title sponsorship deal with Vivo among others
 "India-China face-off: BCCI to review IPL sponsorship deal with Vivo")
Railways cancels Rs 471 cr contract with Chinese firm over 'poor progress'
They were supposed to complete the work by 2019, but only 20 per cent of the work has been completed so far
 "Railways cancels Rs 471 cr contract with Chinese firm over 'poor progress'")
US charges Chinese manufacturer of exporting defective N95 respirators
The company, King Year Packaging and Printing, for each of the four counts faces a fine of up to $500,000 or the total gain and/or loss, whichever is greater
 "US charges Chinese manufacturer of exporting defective N95 respirators")
Xiaomi Redmi Smart TV X-series to feature MEMC technology: Details here
MEMC is a frame interpolation technology that artificially adds additional frames between original frames, bringing the content with conventional 24 or 30 frames per second to around 60 frames per sec
 "Xiaomi Redmi Smart TV X-series to feature MEMC technology: Details here")
US blacklists 33 Chinese companies for helping Beijing spy on minorities
The blacklisted companies focus on artificial intelligence and facial recognition, markets that US chip companies like Nvidia Corp and Intel Corp have been heavily investing in
 "US blacklists 33 Chinese companies for helping Beijing spy on minorities")
Amid Covid-19 mess, PM Johnson plans to cut Huawei's 5G involvement in UK
Johnson has asked officials to make plans to reduce China's involvement in British infrastructure to zero by 2023
 "Amid Covid-19 mess, PM Johnson plans to cut Huawei's 5G involvement in UK")
AIIB, central bank among 16 China-based entities registered as FPI in India
While AIIB is a multilateral development bank, which has got India as a member too, PBoC is China's central bank
 "AIIB, central bank among 16 China-based entities registered as FPI in India")
Nasdaq to tighten IPO rules, restricting Chinese companies to debut: Report
Nasdaq's curbs on small Chinese IPOs represent the latest flashpoint in the financial relationship between the world's two largest economies
 "Nasdaq to tighten IPO rules, restricting Chinese companies to debut: Report")