China on Saturday formally started the construction of the USD 167.8 billion dam over the Brahmaputra river in Tibet, closer to the Indian border in Arunachal Pradesh. Chinese Premier Li Qiang announced the start of the construction of the dam at a ground-breaking ceremony in the lower reaches of the Brahmaputra river, locally known as Yarlung Zangbo, at Nyingchi City, official media reported. The ceremony took place at the dam site of Nyingchi's Mainling hydropower station in Tibet Autonomous Region, state-run Xinhua news agency reported. The hydropower project, regarded as the biggest infrastructure project in the world, raised concerns in the lower riparian countries, India and Bangladesh. The project will consist of five cascade hydropower stations, with a total investment estimated at around 1.2 trillion Yuan (about USD 167.8 billion), the report said. According to a 2023 report, the hydropower station is expected to generate more than 300 billion kWh of electricity each year
Assumptions about US' decline are making China bolder and more overbearing in its approach towards India
During their meeting, Jaishankar apprised the Chinese premier of of the recent development in the bilateral ties of the two countries
Jaishakar is on a three-day visit to Beijing for attending the Shanghai Cooperation Organisation (SCO) Foreign Ministers' Meeting on July 14 and 15
External Affairs Minister S Jaishankar will travel to China to participate in the foreign ministers' meeting of the SCO bloc in the Chinese city of Tianjin next week, an official announcement here said on Saturday. The Meeting of the Council of the Ministers of Foreign Affairs of the SCO will be held in Tianjin on July 15, a statement by a spokesperson of the Chinese Foreign Ministry here said on Saturday. In addition to attending the SCO meeting, Jaishankar will also pay a visit to China, the spokesperson said, without specifying it. At the invitation of the member of the Political Bureau of the Communist Party of China and Foreign Minister Wang Yi, foreign ministers of other SCO member states and heads of the bloc's permanent bodies will attend the meeting, the statement said. The ministers will exchange views on SCO cooperation in various fields and major international and regional issues, it said. The SCO comprises 10 member states - China, Russia, India, Iran, Kazakhstan, ...
The policy blueprint is likely to be submitted for cabinet approval soon, the people said. The final outlay for the program is subject to internal consultations and could change
The Chinese elite has traditionally had a lofty disdain for India. You could argue that being five times bigger is a vast degree of superiority
Over the last few years, India's exports to China have been contracting but imports have been on the rise
The Indian defence minister emphasised the need to create good neighbourly conditions to achieve the best mutual benefits
Following investigation by the Directorate General of Trade Remedies, the Centre has imposed anti-dumping duties ranging from 27% to 63% on plastic processing machinery from China and Taiwan
India has imposed anti-dumping duty on four Chinese chemicals so far this month to guard domestic players from unfairly priced imports from the neighbouring country. These duties were imposed on -- PEDA (used in herbicide); Acetonitrile (used in pharma sector); Vitamin -A Palmitate; and and Insoluble Sulphur. In separate notifications, the Central Board of Indirect Taxes and Customs, Department of Revenue, said that the duty imposed will be levied for a period of five years on imports of these chemicals. The duties were imposed following recommendations for the same from the Directorate General of Trade Remedies (DGTR), an arm of the commerce ministry. While on PEDA, the duty will range from USD 1,305.6 to USD 2017.9 per tonne, a duty of up to USD 481 per tonne has been imposed on Acetonitrile imported from China, Russia and Taiwan. Similarly, the government has imposed a duty of up to USD 20.87 per Kg duty on Vitamin -A Palmitate imported from China, European Union and Switzerla
National Security Advisor Ajit Doval on Monday emphasised the need to counter terrorism in all its forms for overall regional peace and stability during a meeting with Chinese Foreign Minister Wang Yi in Beijing. Doval is visiting China to attend a conclave of top national security officials of the member nations of the Shanghai Cooperation Organisation (SCO). The Ministry of External Affairs (MEA) said both sides reviewed recent developments in India-China bilateral relations and underscored the need to promote the overall development of the bilateral ties including by fostering greater people to people engagement. "The NSA also emphasized the need to counter terrorism in all its forms and manifestations to maintain overall peace and stability in the region," it said in a statement. Doval's emphasis on countering terrorism comes nearly a month-and-a-half after India smashed several terror infrastructure in Pakistan in response to the April 22 Pahalgam terror attack. The MEA said
India and China agree to hold functional dialogues on trade, rare earth supply, direct flights and visa facilitation during Vice Foreign Minister Sun's visit to Delhi
MEA says India is in touch with China over rare earth export curbs imposed in April and seeks predictable supply chains aligned with international practices
Jaishankar said that there are concerns as India and China have quite different economic and political models, while some may think that these differences will put each other out
India must also recognise that future value chains for critical minerals will be constructed, taking into account the demands of the host nations
Indian auto leaders to meet Chinese officials next week, aiming to resolve rare earth magnet export delays that threaten electric vehicle production and supply chain stability
In a fast-expanding global arms market, India has emerged as largest importer even as it develops an indigenous defence sector. Meanwhile, China has emerged as the biggest challenger to US hegemony
India resumes imports of Chinese permanent magnets after DGFT certifies compliance with non-defence and non-US use, addressing trade tensions and supply concerns
The US will lower extra tariffs on Chinese goods from 145% to 30%, while China will cut tariffs on US products from 125% to 10%. However, uncertainty remains over rare earth exports.