Nepal’s PM Pushpa Kamal Dahal Prachanda to visit China in September end

Pushpa Kamal Dahal, Prime Minister, Nepal Nepal Prime Minister Pushpa Kamal Dahal ‘Prachanda’ will visit China in September end, Foreign Minister N P Saud said on Sunday, a trip aimed at maintaining a balance in ties with both the neighbours – China and India. This will be Prachanda’s second foreign trip after assuming… Continue reading Nepal’s PM Pushpa Kamal Dahal Prachanda to visit China in September end

Bulk drug imports from China hit 75% in FY23 despite PLI scheme: Report

Bulk drug imports from China increased from 62 per cent to 75 per cent in the past nine years and India continues to depend on Chinese shipments despite commissioning of various domestic manufacturing projects under the government’s production-linked incentive scheme, a report said. According to a report by Care Ratings, imports of bulk… Continue reading Bulk drug imports from China hit 75% in FY23 despite PLI scheme: Report

China is losing out as global funds chase returns in Japanese stocks

By John Cheng and Winnie Hsu   Japan is leaving China behind as Asia’s two largest stock markets compete for investor capital, with the latter’s prospects clouded by long-running concerns about economic growth and geopolitical tensions with the West.   Foreign buying of Japanese equities has exceeded that of Chinese peers for… Continue reading China is losing out as global funds chase returns in Japanese stocks

More people go missing, thousands evacuated as China is hit by more floods

Rain continued to pelt northeastern China in the wake of Typhoon Doksuri Saturday, as authorities reported more fatalities and missing people while evacuating thousands more. One person died and five went missing in the city of Shulan in Jilin province, which has seen five straight days of rainfall, according to state media. … Continue reading More people go missing, thousands evacuated as China is hit by more floods

India in pole-vaulting distance to oust China as world’s factory: Mahindra

Anand Mahindra, chairman of Mahindra Group, said on Friday that ongoing geopolitical tensions with China were nudging many manufacturers towards India. The country is now within ‘pole-vaulting distance’ to take over China as the world’s leading manufacturing hub. “China’s geopolitical tensions are driving many manufacturers in India’s direction. However, that’s not the sole… Continue reading India in pole-vaulting distance to oust China as world’s factory: Mahindra

China lifts tariff on Australian barley in a sign of improved relations

China is lifting a stifling 3-year-old tariff on Australian barley starting Saturday a sign of an improving bilateral trade relationship since Australia’s government changed. China effectively closed its door to Australian barley in May 2020 by imposing an 80.5 per cent tariff after the previous Australian government angered Beijing by calling for an… Continue reading China lifts tariff on Australian barley in a sign of improved relations

Cong MP moves adjournment notice in LS, seeks discussion on China border

Congress MP Manish Tewari on Friday gave an adjournment motion notice in the Lok Sabha to discuss the border situation with China. In his letter to the Secretary-General, Lok Sabha, Manish Tewari said, “I hereby give notice of my intention to ask for leave to move a motion for the adjournment of the… Continue reading Cong MP moves adjournment notice in LS, seeks discussion on China border

India off to winning start, thrash China 7-2

Skipper Harmanpreet Singh and Varun Kumar scored two goals each as India thrashed China 7-2 to begin their Asian Champions Trophy hockey campaign on a winning note at the Mayor Radhakrishnan Hockey Stadium here on Thursday. Harmanpreet (5th, 8th minutes) and Varun (19th, 30th) converted two penalty corners each for India, while Sukhjeet… Continue reading India off to winning start, thrash China 7-2

China proposes to limit children’s smartphone time to max of 2 hrs per day

China’s internet watchdog has laid out regulations to curb the amount of time children spend on their smartphones, in the latest blow to firms such as Tencent and ByteDance, which run social media platforms and online games. The Cyberspace Administration of China on Wednesday published the draft guidelines on its site, stating that… Continue reading China proposes to limit children’s smartphone time to max of 2 hrs per day

Morgan Stanley upgrades India’s rating to overweight, downgrades China

Morgan Stanley has upgraded India to overweight, four months after it was upgraded to equal weight from underweight on March 31. The brokerage firm believes that the country is just at the start of a long-wave boom, according to a report by CNBC-TV18. Morgan Stanley, in a note, highlighted that there are things… Continue reading Morgan Stanley upgrades India’s rating to overweight, downgrades China