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Sunday, September 29, 2024
TopicChina

Topic: China

Myanmar fishing port may double as $10 billion Chinese debt bomb

CITIC, China’s first state-owned investment corporation, has proposed taking a 70 percent stake in the project, with the remainder split between the Myanmar government and a consortium of local firms. The Chinese company would run the zone for up to 75 years and would finance Myanmar’s stake.

What Walmart will do next after buying in India, selling in UK

With 6,360 stores from Argentina to Zambia, Walmart forgets that era of aggressive flag-planting is long over. This year its shares are down.

Walmart-Flipkart deal is a reminder that India is as hostile as China to foreign businesses

Considering the fact that Walmart has failed to build up its own Indian business in 11 years, the deal represents a second-best outcome at most.  Walmart...

Forget Iran. The real oil action is in China

China's crude oil imports compared to a year earlier represents growth of about 1.2 million barrels a day, so even slower domestic demand growth can have an outsized impact on global markets.

Move over America and Europe — China is setting global standards now

As China boosts overseas investment through Belt & Road Initiative, it’s dictating both the terms of financing and a broader set of technological applications.

For Modi and Xi, not achieving much in Wuhan may be the best outcome

Until bold steps are taken in resolving the border dispute, it will continue to be Move, Counter, Reset, Restart. 

Xi’s compulsions to meet in Wuhan were greater than Modi’s

With his personal position unchallenged, Xi has realized that he will outlast all his competitors on the global stage, and that it was probably time to take one step back.

India misses the deadline for issuing tenders to procure submarines & naval helicopters

The development is a setback to PM Modi’s $250-billion military modernisation plan to arm India's defense forces with state-of-the-art military hardware at a time when threats from neighbours China and Pakistan are rising.

Emerging market firms are new darlings of investors as US multinationals fall out of favor

It is highly likely that investors have realised the U.S. market has become very expensive. And, the cash yield offered by S&P 500 companies can no longer keep pace with rising interest rates.

Businesses in Pakistan worried that China is ‘eating up their economy’

Here's what's happening across the border: Khyber Pakhtunkhwa's first female driver was murdered, and the Hazara community of Quetta is protesting against their targeted killing.

On Camera

Drop that cigarette. Smokers are twice as likely to develop skin cancer compared to non-smokers

A noticeable effect of smoking is premature aging. Studies indicate that the skin biopsy of a 40-year-old heavy smoker can resemble that of a 70-year-old non-smoker.

10 yrs ago, battery leasing failed to boost demand for EV cars in India. Now, it’s making a comeback

Under this model, battery is provided to EV owners on a subscription basis or lease. With more people open to buying EV cars, the lower upfront cost could likely drive wider acceptance.

Morocco signs pact with Tata for joint manufacture of WhAP Infantry Fighting Vehicle

The armoured platform is India's first amphibious infantry combat wheeled vehicle. Last year, the Royal Moroccan Armed Forces had procured 90 military trucks from the Tata Group.

Islam doesn’t kill democracy. The army-Islam combo does

How come Indonesia, Malaysia, Turkey and Sri Lanka remain constitutional, democratic and stable despite Islam and Buddhism respectively, but Pakistan, Bangladesh and Myanmar don’t?