Page 27 - China

China regime crippled as sons burn bodies of fathers outside flats

The Chinese regime is so crippled by Covid that sons must burn the bodies of their fathers outside blocks of flats in its leading cities

Domestic auto parts makers benefit from supply disruptions from China

While they have not been able to make a huge dent globally, their operations have grown with OEMs in India beginning to lean on them more heavily for supplies

Sensex gains 327 pts in first session of 2023, Nifty nears 18200; RIL up 1%

Closing Bell: Among sectors, the Nifty metal index was the top performer of the day, which jumped 2.4 per cent after global brokerage Jefferies changed its stance on the sector to 'positive'

China's approach to India same as Russia's to Ukraine: Rahul Gandhi

Congress leader Rahul Gandhi on Monday said China is adopting the same principle with India as Russia is with Ukraine, as it is threatening to alter India's boundaries. He also claimed that the Sino-Indian border conflict has a link with a weak economy, a confused nation without any vision, hatred, anger and the Chinese sitting in Indian territory. "Essentially, what the Russians have done in Ukraine is that they have said we do not want Ukraine to have a strong relationship with the west and they have basically told the Ukrainians that if you will have a strong relationship with the west, we will alter your geography. "That is the exact same principle that can be applied to India. What the Chinese are saying to us is that be careful with what you are doing, because we will alter your geography. We will enter Ladakh, we will enter Arunachal (Pradesh), and what I can see is them building a platform for that type of an approach," Gandhi said in a conversation with film ...

China to confront multiple Covid infections with new Omicron strains

According to the South China Morning Post, the dominant strains in China so far are the Omicron subvariants, BA.5.2 and BF.7

Global cellular IoT module shipments market grows only 2% in Q3 2022

Global cellular internet of things (IoT) module shipments grew by only 2 per cent (on-year) in Q3 2022, as China led the market followed by North America and Europe

Tesla announces Model S, X launch in China, prices to be unveiled on Friday

Elon Musk-run Tesla has announced the upcoming launch of Model S and Model X in China, with pricing to be revealed on Friday and deliveries in the first half of this year

Landmark gas deal with Qatar gives China unprecedented control over energy

The conclusion of this accord is generally seen as a significant coup for China, which managed to beat other EU countries - like Germany - in the race to secure natural gas

In world economy this week: From China's Covid numbers to US job data

The govt's official PMI on Saturday showed that China's abrupt reversal of its Covid Zero policy pushed economic activity - its service sector in particular - to the slowest pace since February 2022

Xi breaks silence on divisions in China, warns of Covid-19 challenges

In a New Year's address on Saturday, Xi said the country is in a new phase of Covid control and has adapted after following a science-based and targeted approach

Problem with China an 'intense challenge' for India, says Jaishankar

External Affairs Minister S Jaishankar described the problem with China as an intense challenge and took a dig at Pakistan on the problem of cross-border terrorism from Islamabad

Global economy faces tougher year in 2023: IMF's Kristalina Georgieva

"Why? Because the three big economies - the US, EU and China - are all slowing down simultaneously," she said

Amid rise in Covid-19 cases, hospitals cancel New Year holiday in China

As Covid-19 cases in China continue to rise, hospitals in many cities have started working overtime during New Year's day to fight against the epidemic, Global Times reported

Outbound travel picks up, India remains top source for several countries

Travel from India increased significantly after resumption of direct flights in March, Turkiye Tourism Board said, with destination weddings contributing to arrivals

Int'l airport built with Chinese assistance, donations inaugurated in Nepal

Nepal Prime Minister Pushpa Kamal Dahal on Sunday inaugurated the country's third international airport, built in the backdrop of the Annapurna Mountain Range with Chinese loans and donations.The third International airport of the Himalayan nation has been inaugurated in the tourist valley as the previous airport had no proper infrastructure and also failed to provide an air route via India. The airport had inadequate hotels in the surroundings for stay and no proper transport.Nepal earlier in 2022 had inaugurated another airport, the Gautam Buddha International Airport built in Siddharthanagar near the Indian border. The airport is barely getting international fliers though it was expected to act as a supplement to Tribhuwan International Airport (TIA) in the capital Kathmandu.While inaugurating the airport amid a ceremony, the Prime Minister claimed that airports would connect the land-locked nation with the rest of the world, working as effective means of transportation."The ...

US announces testing for passengers from Hong Kong, China after Covid surge

The CDC said that starting from January 5, the United States would require international travellers coming from China to test negative for Covid-19 before entering the country

China Covid crisis: Consumer durable makers stocking up on inventories

Worried over soaring COVID-19 cases in China, consumer durable makers are stocking up on raw materials to deal with contingencies in case their global supply chains are disrupted again. With Chinese New Year holidays starting from the third week of January, if the factories there are not able to resume full production in February when they open due to the COVID situation worsening, the Indian industry may once again face supply chain issues, experts said. The consumer durable makers normally maintain inventory for about a month, but they are now increasing it to cover at least 2-3 months. Any possible disruption may impact categories such as air conditioners and LED TV panels, where a high proportion of components are sourced from China. Leading electronics manufacturing firm Dixon Technologies said it is keeping its fingers crossed over the situation in China. "Till now the supply chain (from China) is fine and not impacted. Our suppliers are assuring us about delivering on time

China Covid, macro data, global trends to drive markets this week: Analysts

Macroeconomic data announcements, the Covid situation in China and global market cues would guide Dalal Street in the first week of trading in the New Year, analysts said. Markets would also keep a track on rupee movement, Brent crude oil prices and foreign fund investment trends. "As market players attempt to understand the Fed's stance, Indian markets may respond in lockstep with their international counterparts when the Federal Open Market Committee (FOMC) minutes are made public later this week. "Back home, the New Year is poised to begin with auto numbers," said Apurva Sheth, Head of Market Perspectives, Samco Securities. Purchasing Managers' Index (PMI) data for the manufacturing sector to be announced on Monday and services sector on Wednesday will also influence trading in the equity market. "In the near future, the last Budget before the 2024 election, Q4 earnings, and the monthly auto sales number will be the key events that the market will be looking for in January ...

Top headlines: Revellers celebrate New Year, China Covid fight in new phase

Business Standard brings you the top headlines at this hour

Covid fight in new phase, tough challenges ahead for China, says Xi Jinping

China's President Xi Jinping on Saturday acknowledged that the current wave of COVID-19 sweeping across the country has entered a new phase and tough challenges remain as the World Health Organisation (WHO) has asked Beijing to provide more data about the coronavirus variants amid India and other countries ramping up measures to screen travellers from the Communist nation. We have now entered a new phase of COVID-19 response where tough challenges remain, Xi said in his New Year address to the nation, adding that it has not been an easy journey as the country has to face unprecedented difficulties and challenges. Speaking on national television from behind a desk in a wood-paneled office, Xi said that China's extraordinary efforts have helped it prevail over unprecedented difficulties. With extraordinary efforts, we have prevailed over unprecedented difficulties and challenges and it has not been an easy journey for anyone, he said without providing much information about the dire .