Tag: China

We must continue to trade with China: Bajaj Auto MD Rajiv Bajaj

NEW DELHI: Favouring continuation of trade with China, Bajaj Auto Managing Director Rajiv Bajaj on Saturday said goods should be procured from wherever they are most competitively available. He was speaking at a session on ‘Building Reliable Supply Chain’ at the second day of the three-day virtual Asia Economic Dialogue 2021, jointly convened by the […]

China says China, US and Europe should work together to uphold multilateralism

BEIJING: China, the United States and Europe should work together to uphold multilateralism, after US President Joe Biden called for democracies to coordinate their approach to China, foreign ministry spokesman Wang Wenbin said at a briefing on Monday. Biden on Friday drew a sharp contrast with the foreign policy of his predecessor, Donald Trump, and […]

India will spend $130 billion on military modernisation says Rajnath Singh amid border row with China

BENGALURU: India is vigilant in the face of attempts to change status quo at its border and prepared to defeat any misadventures to defend its territorial integrity, Defence Minister Rajnath Singh said on Wednesday, amid the continued military standoff with China. “We have long witnessed unfortunate attempts to employ force to change the status quo at […]

China says 16 Chinese COVID-19 vaccines undergoing clinical trials

By K J M Varma BEIJING: As the demand for the COVID-19 vaccine intensified around the world, China said that it has increased the number of vaccines undergoing clinical trials to 16 from 11 to step up supplies at home and abroad. China is conducting clinical trials of 16 COVID-19 vaccines, seven of which have […]

India launches coronavirus vaccination drive, the world’s largest

NEW DELHI:The Prime Minister of India Narendra Modi launched the pan India rollout of COVID-19 vaccination drive via video conferencing today. This is the world’s largest vaccination program covering the entire length and breadth of the country. A total of 3006 session sites across all States and Union Territories (UTs) were virtually connected during the […]

Sheldon Adelson, casino mogul and GOP power broker, dies

By KIMBERLY PIERCEALL LAS VEGAS:Sheldon Adelson, the billionaire mogul and power broker who built a casino empire spanning from Las Vegas to China and became a singular force in domestic and international politics has died after a long illness. Adelson died at 87 from complications related to treatment for non-Hodgkin’s lymphoma, Las Vegas Sands announced […]

Hopeful of solution; ready to deal with any eventuality: Army Chief on eastern Ladakh standoff

NEW DELHI: Chief of Army Staff Gen MM Naravane on Tuesday said he was hopeful that India and China will be able to reach an agreement to resolve the eastern Ladakh standoff but at the same time asserted that Indian troops will maintain a high state of combat readiness to deal with any eventuality. Addressing […]

India has requested China for early crew change for stranded Indians aboard 2 ships: MEA

NEW DELHI: India on Friday said its Ambassador in Beijing has taken up with the Chinese Vice Foreign Minister the issue of 39 Indian sailors stranded on two cargo ships in Chinese waters and requested early approval for crew change for Indian crew members aboard the two vessels. Citing coronavirus-related restrictions, Chinese authorities have not […]

Where is Jack Ma, China’s e-commerce pioneer?

By JOE McDONALD BEIJING: China’s best-known entrepreneur, e-commerce billionaire Jack Ma, made his fortune by taking big risks. The former English teacher founded Alibaba Group in 1999, when China had few internet users. Online payments service Alipay launched five years later, before regulators said such businesses would be allowed. Both long shots grew to dominate […]

China says opposes U.S. politicizing trade issues on U.S. delisting of Chinese telcos

BEIJING: China said on Monday it firmly opposes the United States government’s behaviour of politicizing trade issues after the New York Stock Exchange began delisting three Chinese telecom firms that Washington says have military ties. Beijing will adopt the necessary measures to safeguard the legal rights of Chinese companies, foreign ministry spokeswoman, Hua Chunying, told […]

Jack Ma missing after conflict with Chinese government

NEW DELHI: Tech billionaire and Alibaba founder Jack Ma has “disappeared” from public life and has not been spotted for at least two months amid the conflict with the Chinese regulators. The Financial Times reported that Ma was recently replaced as a judge in the final of TV show ‘Africa’s Business Heroes’. “His photograph was […]

China’s Zhong Shanshan replaces Mukesh Ambani as Asia’s richest

NEW DELHI: Zhong Shanshan, founder of bottled water company Nongfu Spring has overtaken Reliance Industries Chairman Mukesh Ambani as the richest person in Asia, with a net worth of $77.8 billion. The Bloomberg Billionaires Index showed that Zhong’s net worth has surged $70.9 billion making him the richest man in Asian above both Mukesh Ambani […]

ITBP gets land for its headquarters in Delhi

Namakkal (TN), Dec 29 (PTI) Tamil Nadu Chief Minister K Palaniswami on Tuesday said he does not aspire for the high post of CM but considered himself as “in-charge” having overall responsibility to “execute the task” people assign to him. His role as chief minister was only to serve the people as what remained everlasting […]

China denies seeking additional guarantees for USD 6 billion loan for rail project in Pakistan

By K J M Varma BEIJING: China on Monday termed as baseless the reports that it has sought additional guarantees from Pakistan for sanctioning a whopping USD 6-billion loan for a railway line project and backing away from its initial financial commitments to the multi-billion dollars China-Pakistan Economic Corridor due to weakening financial position of […]

Donald Trump signs Tibet policy to preempt Chinese move on Dalai Lama’s succession; China firmly opposes

By Lalit K Jha and K J M Varma WASHINGTON/BEIJING: US President Donald Trump has signed into law a bill that reaffirms the right of Tibetans to choose a successor to the Dalai Lama and calls for establishing an American consulate in Tibet, prompting China to warn that the act will seriously disrupt and hurt […]

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