Page 48 - China

China's great reopening may come too late for many businesses: Analysis

China's economy is expected to grow around 3% this year, missing its target of about 5.5%

US, allies clash with Russia, China over North Korea latest missile tests

The United States and its allies on Monday strongly condemned North Korea's latest intercontinental ballistic missile test and called for action to limit its nuclear and missile programs, but Russia and China opposed any new pressure and sanctions on Pyongyang. US Ambassador Linda Thomas-Greenfield told an emergency meeting of the UN Security Council that the Biden administration will be circulating a proposed presidential statement, which would condemn North Korea "for all its unlawful ballistic missile launches and other dangerous and destabilizing activity," as well as call for Pyongyang to abide by UN sanctions banning all ballistic missile and nuclear tests. Presidential statements -- a step below a legally binding council resolution require agreement from all 15 council members to be adopted, and the comments by Russia and China on Monday indicated resistance to any condemnation of North Korea's action. Russia's Deputy UN Ambassador Anna Evstigneeva said the reason for the ..

Explained: Why did the victorious Chinese army withdraw in 1962?

The PLA faced the unappealing prospect of fighting US-equipped Indian forces without a route of withdrawal across the Himalayas

The next big frontier in US-China rivalry

Digital infrastructure is increasingly gaining a geopolitical component. For now, the US is way ahead of the game- and will fight hard to maintain this status quo

Oil prices ease to trade near 2-month lows on China demand fears

Brent crude futures for January had slipped 65 cents, or 0.7%, to $86.97 a barrel by 1000 GMT

Rupee sheds 0.2% to dollar as Covid worries trigger slump in yuan

Talk of persistent rate hikes by US Fed officials also drags rupee lower

China signs one of its biggest ever LNG deal with Qatar at $60 billion

Qatar Energy will send Sinopec 4 million tons of LNG a year starting in 2026, the state-controlled companies announced in a virtual ceremony on Monday

US dollar rises as China's Covid-19 worries spur safe-haven buying

The dollar was up 0.5% against Japan's yen at 141.07, its highest since Nov. 11. Meanwhile the euro was 0.62% lower against the greenback at $1.026

South China city of Guangzhou locks down district in 'zero-Covid' fight

The southern Chinese metropolis of Guangzhou locked down its largest district Monday as it tries to tamp down a major COVID-19 outbreak, suspending public transit and requiring residents to present a negative test if they want to leave their homes. The outbreak is testing China's attempt to bring a more targeted approach to its zero-COVID policies while facing multiple outbreaks. China is the only major country in the world still trying to curb virus transmissions through strict lockdown measures and mass testing. Baiyun district in Guangzhou also suspended in-person classes for schools and sealed off universities. The measures are meant to last until Friday, the city announced. Meanwhile in Beijing, the capital reported two more COVID-19-related deaths. On Sunday, the city reported its first COVID-19 death in over six months. While critics have questioned China's COVID-19 numbers, and specifically its death toll, its intensive approach to trying to contain infections has prevented

As property market hits a slump in China, are investors turning to India?

-date period till October, investment in real estate development fell 8.8% compared with the same period in the previous year, commercial floor space sold dropped 22.3%

Oil prices sink as China's tightening anti-Covid curbs hurt demand outlook

Crude has erased the gains made at the start of the quarter, when the Organization of Petroleum Exporting Countries and allies including Russia agreed to reduce production by 2 million barrels a day

Pak army using Chinese drones to crush rebellion in Balochistan: Report

According to reports, the Pakistani Army deployed jets against Baloch nationalists in the highlands of Bolan in Balochistan.

G20: Lessons from Bali summit and what it implies for India's presidency

India takes on the presidency at a crucial juncture, and the definitions of "success" for the Indian presidency just got updated

Sovereign investors favour US, India as top 2022 investment markets: Study

Among developing nations, India has overtaken China as the most popular emerging market, having climbed to No. 2 in 2022 from No. 9 in 2014.

Make or buy: Electric vehicle makers' supply chain dilemma in India

With China dominating this space, companies have a critical decision to make as the market steadily expands

Confusion and angst follow as China eases coronavirus restrictions

The reaction to China's most significant easing of coronavirus controls has been a jumble of conflicting priorities and public sentiment since Beijing announced the changes a week ago

Moody's closing its consulting business in China, laying off staff: Report

The US-headquartered credit rating firm, Moody's Corp is shutting it's China consulting business and is laying off its staff

Trade divide could cost global economy $1.4 trillion: IMF chief Georgieva

Trade spats could cut 1.5% from global GDP; 3% in Asia

Beijing under semi-lockdown as new coronavirus cases rise in China

The coronavirus situation in China has become grim again with the number of COVID-19 cases rising to over 25,000, including more than 500 in Beijing, prompting the city officials to advise millions of residents to stay home this weekend and undergo daily testing. Beijing wore an eerie look on Saturday with most of its residents staying home after several districts in the city on Friday issued advisories to people, calling for less cross-district personnel flow and avoid unnecessary trips during the weekend. An official from Chaoyang district, the worst-hit area and also the most populous district in the city, told residents to stay indoors during the weekend. The sprawling district houses all top government offices, commercial hubs and thousands of residential communities. The district government of Chaoyang also advised residents not to leave the area unless necessary, and if they do, they must provide negative nucleic acid test results taken within 48 hours, official media here .

China's Covid-19 restrictions hit oldest Jixiang theatre in Beijing

Performances have been suspended at one of Beijing's oldest and most renowned theaters as part of a new wave of shop and restaurant closures in response to a spike in COVID-19 cases in the Chinese capital. The Jixiang Theater in the downtown Wangfujing shopping district was originally built in 1906 and recently moved to its present location on the 8th floor of a shopping mall that also houses shops and a fast food restaurant. It is famed for performances of Peking opera and other traditional art forms. Performances were due to resume Nov. 27, but such dates for re-opening have frequently been extended. China reported 24,263 new cases Saturday, 515 of them in Beijing. The vast majority were asymptomatic. Despite that, lockdowns and other strict control measures have been put in place around the country, with many Beijing residents sent notices advising them not to leave home unless absolutely necessary. Restaurants, malls and shops deemed non-essential have been closed and foot tra