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Thursday, October 10, 2024
TopicChina

Topic: China

China assures Russia, India of deepening bilateral ties, promises ‘coordination, cooperation’

Qin Gang met in India on Thursday with other foreign ministers of Shanghai Cooperation Organisation with China seeking to preserve stable relations as ties with West remain tense.

South China Sea should not be ‘hunting ground’ for foreign forces, says China’s foreign ministry

Ministry spokesperson Mao Ning told media that ‘South China Sea is home to all regional countries, and should not be a hunting ground for external forces.’

Welcome boost for China’s economy-Holiday tourism rebounds to pre-Covid levels

During these trips, Chinese tourists spent 148 billion yuan ($21 billion), a 128.9% increase from a year earlier, and on a par with 2019 levels.

‘Restrictions noticeable, but not devastating’: US chip export rules ‘barely slowed’ China’s AI industry

Part of the US strategy in setting the rules was to avoid such a shock that the Chinese would ditch American chips altogether and redouble their own chip-development efforts.

China is in a middle-income trap. And it can’t escape like Japan, South Korea, Singapore

China needs to transition from a manufacturing-driven economy to an innovation-driven economy to level up to the big boy’s club. But there are multiple fault lines.

IMF upgrades Asia Pacific growth outlook to 4.6%, driven by recovery in China & India’s ‘resilient growth’

The International Monetary Fund however warns that there are several downside risks to this outlook and that Asian economies should not become complacent.

Mars could have been watery world 400,000 yrs ago — Chinese rover finds signs of water activity

ScientiFix, our weekly feature, offers you a summary of the top global science stories of the week, with links to their sources.

Why meritocracy matters for countries like India and China

In 'Making Meritocracy', editors Tarun Khanna and Michael Szonyi talk about conceptual overlaps on meritocracy in India and China.

Russian defence minister hits out at US & Quad, backs China at SCO meet hosted by India

'Washington & its enablers' are pursuing agenda of provoking other countries into military confrontation with 'undesirable states' such as Moscow & Beijing, claims Sergey Shoigu.

China says Taiwan inviting ‘wolves’ with US defence industry forum

China has been stepping up its military activities around Taiwan to try and force the democratically governed island to accept Beijing's sovereignty, including staging war games this month.

On Camera

Ratan Tata mettle revealed in 1980s’ PepsiCo battle. Shook up fuddy-duddy business practices

Ratan Tata’s political naiveté and his complete inability to engage in the ‘deal-fixing’ culture of Indian businesses made him a great ally during the PepsiCo battle of the 1980s.

RBI’s policy-setting body keeps rates unchanged for 10th straight time, changes stance to ‘neutral’

Change in stance signals possibility of rate cuts, potentially as early as December, depending on inflation trends & global economy. Growth projection for FY 2024-25 retained at 7.2%.

Amid concerns about use of Chinese parts in drones, Army general urges industry to be transparent

Maj Gen CS Mann, ADG, Army Design Bureau, cites national security concerns. This comes after intelligence agencies flagged use of Chinese components in drones purchased by armed forces.

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?