Tag: China

Turning the page? Republicans acknowledge Joe Biden’s victory

By WILL WEISSERT WASHINGTON:More than a month after the election, top Republicans finally acknowledged Joe Biden as the next U.S. president on Tuesday, a collapse in GOP resistance to the millions of voters who decisively chose the Democrat. Foreign leaders joined the parade, too, including Russia’s Vladimir Putin. Speaking from the floor of the U.S. […]

Mount Everest is higher than we thought, say Nepal and China

By Gopal Sharma KATHMANDU:Mount Everest is higher than previously thought, Nepal and China said on Tuesday, settling a long-running conflict over the height of the world’s tallest peak that straddles their shared border. Kathmandu and Beijing had differed over its exact height but after each sent an expedition of surveyors to the summit they have […]

Mirae Asset wins U.S. lawsuit against China’s Anbang on scrapped $5.8 billion hotel deal

By Joyce Lee SEOUL:South Korean investment bank Mirae Asset Daewoo Co Ltd and affiliates won a U.S. court case against Anbang Insurance Group, a court document showed, after Mirae scrapped a $5.8 billion deal after the start of the pandemic to buy 15 U.S. hotels from Anbang. The case in Delaware, where many companies are […]

Pharma firm in India to make Russia’s Sputnik V COVID-19 vaccine

MOSCOW:Indian pharmaceutical company Hetero will manufacture over 100 million doses of the Russian Sputnik V COVID-19 vaccine per year under the terms of a deal unveiled on Friday between it and Russia’s RDIF sovereign wealth fund. The move, which RDIF cast as another step in its efforts to scale up international manufacturing of its flagship […]

Venezuela resumes direct oil shipments to China despite U.S. sanctions

By Luc Cohen, Marianna Parraga Venezuela has resumed direct shipments of oil to China after U.S. sanctions sent the trade underground for more than a year, according to Refinitiv Eikon vessel-tracking data and internal documents from state company Petroleos de Venezuela (PDVSA). Chinese state companies China National Petroleum Corp (CNPC) and PetroChina – long among […]

China successfully launches its first spacecraft to moon to collect samples, return to earth

By K J M Varma BEIJING/ WENCHANG: China successfully launched its first unmanned space mission on Tuesday to collect samples from the moon’s surface and return to earth, the country’s maiden attempt to retrieve materials from an extra-terrestrial body. China has successfully launched the Chang’e-5 lunar probe from the Wenchang Spacecraft Launch Site in the […]

Vladimir Putin says India, China may start making Russia’s Sputnik V Covid vaccine

MOSCOW: President Vladimir Putin on Tuesday called for a joint effort by the BRICS countries on the development of the Covid-19 vaccines as he suggested that Russia’s Sputnik V vaccine against Covid-19 could be produced in India and China. “We believe it is important to speed up the establishment of the centre for development and […]

China finally congratulates Joe Biden, Harris for their victory in US election

BEIJING:China on Friday shed its initial hesitation and congratulated US President-elect Joe Biden and his deputy Kamala Harris for their victory in the 2020 US presidential election, saying Beijing respects the choice of the American people. “We have been following reactions on the US elections from both within the US and the international community,” Chinese […]

China successfully launches 13 satellites into orbit with a single rocket

NEW DELHI: China on Friday successfully sent 13 satellites, including 10 from Argentina, into the orbit in what was stated to be the biggest launch of foreign satellites by the country that could fetch hundreds of millions of dollars to the communist nation. The satellites, including 10 commercial remote sensing satellites developed by Argentinian company […]

Any attempt to unilaterally change LAC status quo unacceptable: EAM on border row with China

NEW DELHI: In the midst of Sino-India border row, External Affairs Minister S Jaishankar on Saturday said any attempt to unilaterally change the status quo of the Line of Actual Control is “unacceptable” and that the agreements between two countries must be respected “scrupulously” in their entirety to restore normalcy in ties. The external affairs […]

China’s BRI promised prosperity, gave debt trap

NEW DELHI: Several countries like Sri Lanka, Zambia, Djibouti, Laos, Maldives, Republic of Congo, Tonga, Pakistan and Kyrgyzstan, among others, where China has invested through its much-hyped Belt and Road Initiative (BRI) have run into serious financial threat and debt trap, contrary to the expectation that the infrastructure exercise would help in their economic growth. […]

Time to accept that talks won’t make China change aggressive stance: US NSA

NEW DELHI: China has attempted to “seize” control of the Line of Actual Control (LAC) with India by force as part of its territorial aggression, US’ national security advisor has said, underlining that time has come to accept that dialogue and agreements will not persuade Beijing to change. India and China are locked in a […]

China has deployed 60,000 soldiers on India’s northern border: Mike Pompeo

WASHINGTON: China has amassed more than 60,000 troops along the Line of Actual Control with India, US Secretary of State Mike Pompeo has said as he hit out at Beijing for its “bad behaviour” and the threats it poses to the Quad countries. The Foreign Ministers from the Indo-Pacific nations known as the Quad group […]

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