Category: China
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China set to boost growth
China has announced new measures aimed at bolstering its economic growth. These include plans to build railways, roads and airports along the Yangtze River – which connects China’s less developed inland provinces to Shanghai.China says development of a multi-tier transport system along Yangtze river will help integrate lesser developed region with developed ones, says a…
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China to aid Bangladesh
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China and Bangladesh vowed to make joint efforts to build an economic corridor linking Bangladesh, China, India and Myanmar. Chinese President Xi Jinping met Bangladeshi Prime Minister Sheikh Hasina Wajed here Tuesday and both pledged to make joint efforts to build an economic corridor linking Bangladesh, China, India, and Myanmar. “Bangladesh is an important country…
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China to scrap 6 mn vehicles
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China plans to take six million high-emission vehicles off the road this year to reduce pollution, say media reports. More than 2.4 million vehicles will be taken off roads in the municipalities of Beijing, Tianjin and Hebei province, along with another four municipalities and provinces along the Yangtze River Delta and Pearl River Delta, China…
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Modi brought winds of change: China
China pushed for increased economic cooperation with India and to be included in the country’s burgeoning infrastructure and manufacturing story through investments as Chinese Foreign Minister Wang Yi Monday touched base with Indian Prime Minister Narendra Modi, and said the new Indian government has “brought a new wind of change”. Wang, who has come as…
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India & China hold first major talks
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Chinese Foreign Minister Wang Yi arrived in the national capital on Sunday morning and is holding talks with External Affairs Minister Sushma Swaraj. This is the first contact between the two governments after the Indian general elections. Wang Yi will also meet President Pranab Mukherjee and Prime Minister Narendra Modi Monday. The details of Chinese…
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Tibet & Indo-China Ties
Sudip Mazumdar analysing the new Indo-China ties during the Modi rule. Will Modi rewrite the rules of India-China engagement? Even before Narendra Modi became the prime minister, he did something that none of the governments before his could do in the past 50 years. And this historically path-breaking move has remained largely out of sight…
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Currency Corner – Chinese Realtors
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Vatsal Srivastava in his Column: Currency Corner for Asian Lite, top Asian newspaper for the South Asian diapsora, says hard landing’ of China’s property market is not the base case scenario The first quarter of 2014 saw bearish news flow out of China on a regular basis. Out of all the disappointing economic releases –…
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US accuses China of meddling
The US defence secretary has accused China of “destabilising” the South China Sea, saying its action threatened the region’s long-term progress, BBC reported. Chuck Hagel said the US would “not look the other way” when nations ignored international rules. Mr Hagel was speaking at a three-day summit – the Shangri-La Dialogue in Singapore – that…
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Chinese tycoons get death verdict
Liu Han and his brother Liu We, owners of Sichuan Hanlong Group, have been sentenced to death. A Hubei court has found Liu Han and his brother Liu Wei guilty of “organising and leading mafia-style crime and murder”, reports Xinhua. The two men were among a group of 36 people charged with similar crimes. Liu Han’s sentencing is…
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Russia opens gas tapes for China
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Russia’s President Vladimir Putin has signed a multi-billion dollar, 30-year gas deal with China. The deal between Russia’s Gazprom and China National Petroleum Corp (CNPC) has been 10 years in the making. Russia has been keen to find an alternative energy market for its gas as it faces the possibility of European sanctions over the…
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Putin meets Chinese leader
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Chinese President Xi Jinping on Tuesday held talks with visiting Russian President Vladimir Putin who is in the country to attend the upcoming Asian security summit. Putin arrived in Shanghai early Tuesday and will attend the fourth Summit of the Conference on Interaction and Confidence Building Measures in Asia scheduled for Tuesday and Wednesday in…