Page 11 - China

China is destroying Tibetan identity, language and culture: UN report

The report by UN human rights experts, released in Geneva on February 6, 2023, talks about a million Tibetan children who have been separated from their families by the Chinese authorities

China sets this year's growth target at 'around 5%' to revive economy

China's government announced plans for a consumer-led revival of the struggling economy as its legislature opened a session Sunday that will tighten President Xi Jinping's control over business and society. Premier Li Keqiang, the top economic official, set this year's growth target at around 5 per cent following the end of anti-virus controls that kept millions of people at home and triggered protests. Last year's growth in the world's second-largest economy fell to 3 per cent, the second-weakest level since at least the 1970s. We should give priority to the recovery and expansion of consumption, Li said in a speech on government plans before the ceremonial National People's Congress in the Great Hall of the People in central Beijing. The full meeting of the 2,977 members of the NPC is the year's highest-profile event but its work is limited to endorsing decisions made by the ruling Communist Party and showcasing official initiatives. This month, the NPC is due to endorse the ...

China expands defence budget by 7.2%, marking just 0.1% increase than 2022

China on Sunday announced a 7.2 per cent increase in its defence budget for the coming year, just .1 per cent higher than in 2022. That marks the eighth consecutive year of single-digit percentage increases in what is now the world's second-largest military budget. The 2023 figure was given as 1.55 trillion yuan (USD 224 billion). Along with the world's biggest standing army, China has the world's largest navy and recently launched its third aircraft carrier. According to the US, it also has the largest aviation force in the Indo-Pacific, with more than half of its fighter planes consisting of fourth or fifth generation models. China also boasts a massive stockpile of missiles, along with stealth aircraft, bombers capable of delivering nuclear weapons, advanced surface ships and nuclear powered submarines.

China to increase military budget by 'appropriate and reasonable' level

Under Xi Jinping's leadership, China has continued to significantly expand and overhaul its military

Communist China strongest, disciplined enemy US ever faced: Nikki Haley

Communist China is the strongest and the most disciplined enemy that the United States has ever faced, Republican presidential aspirant Nikki Haley said on Friday as she slammed the ruling Democratic Party as a "socialist" party. In an impressive speech addressing the Conservative Political Action Conference -- the top annual event of the Republican Party and its support base -- Indian American Haley continued with her focus on America's foreign policy, wherein she asserted that the US should not give aid to countries that hate it. "Never in my life did I think Americans would look at the sky and see a Chinese spy balloon looking back at us. It was a national embarrassment," she said referring to a recent spy balloon incident. "Make no mistake: Communist China is the strongest and most disciplined enemy we have ever faced. We need to hold China accountable. Let us start with Covid. And before we even talk about the cartels, we need to confront the fact that China is the one sending

China uses trade as weapon, wants world to be dependent on it: Tony Abbott

He said that Australia wants to be as helpful as it can be. "I think Australia has this great sense of mateship, global mateship, as well as local and insular mateship," he said

China's central bank signals stable policy as economy rebounds

The PBOC will adjust monetary policy at the appropriate time, Deputy Governor Liu Guoqiang said at the briefing

At China political meeting, internet bosses are out, chip execs are in

Economy showing signs of recovery from its Covid slump

Current state of India-China relations abnormal: EAM Jaishankar to Qin

External Affairs Minister S Jaishankar on Thursday conveyed to his Chinese counterpart Qin Gang at a meeting that the state of India-China relations is "abnormal" as their talks focused on addressing the challenges in bilateral ties, especially that of peace and tranquillity in the border areas. Jaishankar's first in-person meeting with Qin came on the sidelines of the G20 foreign ministers conclave amid the over 34-month-long border row in eastern Ladakh. Qin took charge as Chinese foreign minister in December, succeeding Wang Yi. "It's our first meeting after he took over as foreign minister. We spent maybe about 45 minutes talking to each other and the bulk of our conversation, understandably, was about the current state of our relationship, which many of you have heard me describe as abnormal," Jaishankar told reporters. "And those were among the adjectives that I used in that meeting. There are real problems in that relationship that need to be looked at, that need to be ...

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Cash-starved Pak to receive another $1.3 billion from ally China

Pakistan will get another USD 1.3 billion from all-weather ally China to shore up its fast-depleting forex reserves, Finance Minister Ishaq Dar said on Monday, days after the cash-strapped country received USD 700 million from Beijing. Addressing a press conference here, Dar said that the Industrial and Commercial Bank of China Ltd (ICBC) would provide the funding in the coming days. "All our formalities with the ICBC are complete as of last night. We returned them USD 1.3bn in the last few months they are giving it back and have renewed this facility, he said. The minister said that USD 500 million would be transferred to Pakistan possibly in the next few days - by Monday or Tuesday - and another USD 500 million within 10 days. Last week, Pakistan received a much-needed cash injection of USD 700 million from China to help its ailing economy before the finalisation of talks with the IMF for financial assistance. It prompted Prime Minister Shehbaz Sharif to express gratitude to th

Quad committed to supporting Pacific Island countries: Joint statement

The Quad grouping of countries issued a joint statement opposing any unilateral actions that seek to change the status quo or increase tensions in the area

China real estate industry recovering from debt crackdown: Officials

China's vast real estate industry is recovering from a slump triggered by tighter debt controls, a deputy central bank governor said Friday, after a wave of defaults by developers rattled global financial markets. Pan Gongsheng mentioned Evergrande Group, the global industry's most heavily indebted developer, but gave no update on its government-supervised efforts to restructure 2.1 trillion yuan (USD 305 billion) in debt to banks and bondholders. Market confidence is recovering. Transaction activity in the real estate market has increased," said Pan at a news conference ahead of the meeting of China's legislature. The financing environment, especially for high-quality enterprises, has improved significantly. Pan gave no indication Beijing planned significant changes in its debt controls, known as three red lines. China's economic growth slid in mid-2021 after regulators who worry debt levels are dangerously high blocked Evergrande and other heavily indebted developers from borrowi

China blames 'certain developed country' for Pakistan's financial crisis

The spokesperson called on concerted efforts of all parties to play a constructive role in the economic and social development of the country, The Express Tribune reported

US expands crackdown on China with export restrictions on Inspur, BGI

The Commerce Department added a number of companies to the so-called Entity List for acquiring and attempting to acquire US-origin items in support of China's military modernization efforts

US nominee to head World Bank, Ajay Banga, to visit China, other countries

Banga said he believes the scientific evidence on climate change, and underscored the need for the bank to continue to work on poverty reduction and inequality

G20: EAM S Jaishankar, Chinese foreign minister Qin Gang talk border row

External Affairs Minister S Jaishankar on Thursday said his talks with his Chinese counterpart Qin Gang at their first meeting focused on addressing current challenges to the bilateral ties, especially peace and tranquillity in the border areas. The discussions on the sidelines of the G20 foreign ministers' meeting came amid the over 34-month-long border row in eastern Ladakh. It was the first meeting between Jaishankar and Qin after the later became the Chinese foreign minister in December. Qin arrived in Delhi on Thursday morning to attend the G20 meeting hosted by India under its presidency of the influential grouping. "Met Chinese Foreign Minister Qin Gang on sidelines of #G20FMM this afternoon. Our discussions were focused on addressing current challenges to the bilateral relationship, especially peace and tranquillity in the border areas," Jaishankar said on Twitter. "We also spoke about the G20 agenda," he said. India has been maintaining that its ties with China cannot be

G20: End this war of aggression, Antony Blinken tells Sergei Lavrov

Blinken said the meeting was unscheduled and sought by the US when Lavrov was on the move

Prayer for policy

The advantages India enjoys in dealing with the Chinese are heavily dependent on the 14th Dalai Lama and his inspirational leadership, but there is no long-term strategy

G20: Russia, China reject attempts at others meddling into domestic affairs

Russian Foreign Minister Sergey Lavrov and his Chinese counterpart Qin Gang on Thursday unanimously rejected attempts to interfere in the internal affairs of other countries, Sputnik News reported.According to the Russian News Agency, the Russian Foreign Minister met his Chinese counterpart on the sidelines of the G20 Foreign Ministers' Meeting (G20FMM) in New Delhi on Thursday.According to the Russian Foreign Ministry, the top diplomats also reaffirmed the importance of continuing the practice of regular contacts in order to further deepen interaction between the two countries.Both the leaders discussed the situation around Ukraine, including Beijing's position on a political settlement, Sputnik reported.During the meeting, Lavrov and Gang reaffirmed their shared commitment to these agreements and the overall policy line traced by our leaders during the visit to the Russian Federation by Member of the Political Bureau of the CPC Central Committee, Director of the Office of the CPC ...