Page 20 - China

Coronavirus has already infected 80% of our population, says China

'In the next two to three months, the possibility of a large-scale Covid-19 rebound or a second wave of infections across the country is very small'

After India's backing, China too offers support to Lanka for IMF bailout

China has given debt-ridden Sri Lanka the financing assurances required by the IMF to unlock a USD 2.9 billion bailout package for the country, days after India strongly backed the island nation's efforts to secure the loan from the global lender to recover from its worst-ever economic crisis. The Sunday Times newspaper reported that China's Exim Bank delivered a letter on Saturday granting Sri Lanka a two-year moratorium on repayment and agreeing with the International Monetary Fund's extended fund facility (EFF). The report was confirmed by Sri Lankan officials who did not want to be named. The Chinese response came close on the heels of India stepping in first to issue the necessary assurances last week. India's ministry of finance last week issued a letter to the IMF to confirm its support to Sri Lanka on the issue of debt restructuring, ahead of the visit by the external affairs minister S Jaishankar to Colombo which concluded on Friday. Jaishankar during his visit also annou

China no longer comfortable with status quo on Taiwan: Antony Blinken

Blinken called what Hong Kong went through in recent years and the reversal of development towards democracy one of the most sobering realities for people around the world

China refuses to reveal number of death count for December 2022: Report

The National Bureau of Statistics reported a total of 10.41 million deaths in 2022, averaging 867,500 deaths per month

China's realty magnate Hui Ka Yan loses 93% wealth amid slowdown in sector

Hui, once one of China's richest and most influential titans, bridging business and high-level politics lost 93 per cent of his fortune

Forces capable of giving 'bloody nose' to China if required: J J Singh

Armed forces are capable of giving a bloody nose to China if it tries any more "misadventures" and the only way forward to improving ties is dialogue, former chief of the army staff JJ Singh said

IAF to hold Exercise Pralay along LAC in northeast amid standoff with China

IAF will carry out Exercise Pralay involving all its major air bases in the northeast including the recently moved drone squadrons in the northeast amid the ongoing standoff with China

US Secy Blinken cautions China against changing status quo in Taiwan

US Secretary of State Antony Blinken has cautioned China against changing the status quo on Taiwan which is vital to maintaining peace and stability in the region. Over the last few years, China has been trying to build military and economic pressure on Taiwan, Blinken said during a conversation with University of Chicago's Institute of Politics Founding Director David Axelrod on Friday. "On Taiwan, what we have seen over the last few years is, I think, China made a decision that it was no longer comfortable with the status quo, a status quo that had prevailed for decades, that had actually been successful in terms of the relationship between our countries and managing what is a difficult situation," the secretary of state said. "We have seen them, over the last few years... ratchet up the pressure on Taiwan, military pressure, economic pressure, trying to cut off its ties to countries around the world, to international organisations," he said. From America's perspective, that stat

Best of BS Opinion: Policy shift, a new star in the BJP sky, and more

Here is the best of Business Standard's opinion pieces for today

TMS Ep352: HUL Q3 results, China's population woes, markets, RRTS

What do HUL results tell us about India's rural economy? What can India learn from China's population woes? How are markets placed ahead of the Budget 2023? What is the RRTS? All answers here

China reopening spurs record inflows into emerging market funds: BofA

The sudden shift in Chinese policy has boosted many different asset classes, from commodities and mining stocks to currencies and equity markets in popular tourist destinations

Global property market sitting on a $175 bn debt time bomb as slump spreads

As the toll from higher interest rates and the end of easy money mounts, many real estate markets are almost frozen with some lenders telling borrowers to sell assets or risk foreclosure

India to benefit from US, China decoupling: Gautam Adani tells Davos summit

Countries seeking their own form of self-reliance, says billionaire in reference to India's Atmanirbharta campaign of economic independence

Xi Jinping says China's Covid-19 fight in new stage, faces tough tasks

Xi said the current outbreak has been 'fierce' and China still faced tough tasks, state broadcaster China Central Television reported late Wednesday

Coalition sets 100-day goal for faster, equitable pandemic response

They also discussed how to overcome political obstacles to ensure vaccines are made more readily available to all

China accuses 'Western media' of bias in coverage of zero-Covid policy-end

China accused some Western media of bias, smears and political manipulation in their coverage of China's abrupt ending of its strict zero-COVID policy

What to watch for after India overtakes China as most-populous nation

The challenge for India, which is estimated to grow 7% in the year ending March, is to sustain that pace of expansion in the coming decades or end up with even higher unemployment rates

Antony Blinken to travel to China early next month: US State Department

US Secretary of State Antony Blinken will travel to China early next month and the details of his visit are being worked out, an official spokesperson said

Overtaking China

New population estimates have wider implications

China's Covid deaths expected to hit 36,000 a day during holiday

"China will likely experience "one longer, more severe Covid wave," rather than repeat peaks and valleys"