China's Belt and Road initiative has run into resistance in many countries, the founder and chairman of Adani Group said at a conference in Singapore
The People's Bank of China has already stepped up its currency defense, but it did little to stop the depreciation.
China took a back seat from its declaration, at the Leaders' Summit on Climate in April last year where President Xi Jinping had stated that Beijing will control coal-fired power generation projects
Reacting to Biden's interview with CBS News, Chinese Foreign Ministry spokesperson Mao Ning said the remarks seriously violated the 'one China' policy and three joint communiques related to Taiwan
India is the only common member country to be a part of the SCO and the US-driven Indo Pacific Economic Framework (IPEF).
Chinese President Xi Jinping on Friday asked SCO member states to guard against "colour revolutions" instigated by "external forces" and asked them to maintain strategic independence and safeguard regional stability, in a veiled attack on the US as it expands its influence in the Indo-Pacific region. Addressing the 22nd SCO summit here in the historic Uzbek city, Xi also announced plans to establish a centre in China to train counter-terrorism personnel by the grouping and mooted a development bank to speed up regional economic integration. Xi congratulated India for taking over the rotating Presidency of the Beijing-based eight-member regional grouping. Here I wish to express China's congratulations to India on assuming the next SCO presidency. We will, together with other member states, support India during its presidency, he said at the summit, also attended by Prime Minister Narendra Modi. The once-in-a-century pandemic has continued unabated. Regional conflicts keep flaring up
Prime Minister Narendra Modi on Friday attended the annual summit of the Shanghai Cooperation Organisation along with Russian President Vladimir Putin, Chinese President Xi Jinping and leaders of the other member states of the influential grouping. It is for the first time that Xi and Modi came face-to-face since the border standoff between India and China escalated following the deadly clash in Galwan Valley in June 2020. The summit is also being attended by Pakistan Prime Minister Shehbaz Sharif, Iranian President Ebrahim Raisi and leaders of several central Asian countries. Ahead of the deliberations at the restricted format of the summit, leaders of the permanent members of the grouping posed for a group photo. At the venue of the summit, Modi was warmly greeted by Uzbek President Shavkat Mirziyoyev. After the summit, Prime Minister Modi is set to have separate bilateral meetings with Russian President Putin, Uzbek President Mirziyoyev and Iranian President Raisi. Modi arrive
New-home prices in 70 cities, excluding state-subsidized housing, dropped 0.29% last month from July, when they fell 0.11%, National Bureau of Statistics figures showed
Industrial production growth accelerated to 4.2%, the National Bureau of Statistics said Friday, beating economists' forecast of a 3.8% increase
China has refrained from condemning Russia's operation against Ukraine or calling it an "invasion" in line with the Kremlin, which casts the war as "a special military operation"
The Shanghai Cooperation Organization (SCO) is considered one of the most important conclaves in the Central Asian region
The consensus in a Bloomberg survey is for the economy to expand 3.5% this year, which would be the second-weakest annual reading in more than four decades
Xi and Putin meet face-to-face in Uzbekistan on Thursday in their first sitdown since a Beijing meeting before the Winter Olympics that yielded a lengthy joint statement of more than 5,000 words
The wholesale price-based inflation eased to 11-month low of 12.41 per cent in August, on softening in prices of manufactured and fuel products, even as food items remained expensive.
Chinese President Xi Jinping on Wednesday started his first trip abroad since the outbreak of the pandemic with a stop in Kazakhstan ahead of a summit with Russia's Vladimir Putin and other leaders of a Central Asian security group. Xi's trip underlines the importance Beijing places on ties with Russia and Central Asia as the ruling Communist Party promotes its strategic ambitions amid tension with Washington, Japan and India. Xi, wearing a blue suit and a face mask, was met on airport tarmac President Kassym-Jomart Tokayev and an honour guard, all of whom wore masks. Tokayev's government said the two leaders would discuss energy markets and global economic turmoil. Kazakhstan, a sparsely populated country of 19.4 million people and sprawling grasslands, is a major oil and gas producer. China is a leading customer. On Thursday, Xi is due to fly to Samarkand in neighboring Uzbekistan for a summit of the eight-nation Shanghai Cooperation Organization, led by China and Russia. Beijin
Chinese leader Xi Jinping is keeping the West guessing about whether Beijing will cooperate with tougher sanctions on Russia as he meets President Vladimir Putin a year after declaring they had a no limits friendship ahead of the Kremlin's invasion of Ukraine. China has avoided violating sanctions but its purchases of Russian oil and gas rose almost 60 per cent in August over a year ago to USD 11.2 billion. That helps to top up Moscow's cash flow after the United States, Europe and Japan cut purchases and expelled Russia from the global banking system. Xi and Putin are due to meet this week in Uzbekistan at a meeting of the Shanghai Cooperation Organisation, an eight-nation Central Asian security group. Washington and allies in the Group of Seven major economies want to squeeze Moscow by enforcing an upper limit on how much buyers are allowed to pay for its oil. That would require cooperation from China, India and other energy-hungry Asian economies that have avoided taking sides an
After the Samarkand summit, the presidency of the SCO will be handed over to India for the next year till September 2023. New Delhi will most likely host the next SCO summit
A flurry of Chinese cities are rolling out measures to boost housing demand, signaling the government's intention to arrest a property crisis.
May hold first bilateral meeting with Chinese President Xi since 2019
China's ruling Communist Party is all set to amend its constitution at the next month's key once-in-a-five-year Congress to grant more powers to President Xi Jinping besides endorsing a record third term for him to lead the country for another five years or beyond. Xi's position is to be further elevated after the ruling Communist Party announced this week that it would amend its constitution at the upcoming national party Congress, according to analysts. The meeting of the 25-member Politburo, the principal policy making committee of the Communist Party of China (CPC), which met last Friday, said: "it was stressed at the meeting that the 20th CPC National Congress is a convention of great significance to be held at a crucial moment. "Under the firm leadership of the CPC Central Committee with Comrade Xi Jinping at its core, efforts should be made to unite the whole Party and all the Chinese people and lead them in building on past achievements," the meeting said, dropping clear hin