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IMF upgrades its forecast for China's economy, but says reforms are needed to support growth

IMF upgrades its forecast for China's economy, but says reforms are needed to support growth

Wed, May 29, 2024

The IMF's report, issued late Tuesday, said the world's second-largest economy will likely expand at a 5% annual rate this year, based on its growth in the first quarter and recent moves to support the property sector.

Xi meets Putin: China's Jinping begins his 1st Moscow visit as Putin wages Ukraine war

Xi meets Putin: China's Jinping begins his 1st Moscow visit as Putin wages Ukraine war

Mon, Mar 20, 2023

Kremlin spokesman Dmitry Peskov said that over dinner on Monday, Putin and Xi will touch on issues related to Ukraine, adding that Russia's president will likely offer a detailed explanation of Moscow's view on the Ukraine war

China Corona Situation: Amid Rising Cases, Beijing Stops Sharing New Covid-19 Data

China Corona Situation: Amid Rising Cases, Beijing Stops Sharing New Covid-19 Data

Mon, Dec 26, 2022

A record 3.7 crore new corona cases were registered in China in one day. Amid rising cases, China stopped sharing new data. What is the situation in China? Know from Ashish Chaturvedi.

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Bappi Lahiri’s Jimmy Jimmy Aaja Aaja song is new anthem for Chinese to protest Covid-19 lockdowns

Bappi Lahiri’s Jimmy Jimmy Aaja Aaja song is new anthem for Chinese to protest Covid-19 lockdowns

Wed, Nov 02, 2022

Chinese social media networks Douyin – the Chinese name for TikTok, the song composed by Lahiri and sung by Parvati Khan is sung in Mandarin “Jie mi, jie mi”

Rocky time in US-China ties? Nancy Pelosi to visit Taiwan today despite Beijing warning

Rocky time in US-China ties? Nancy Pelosi to visit Taiwan today despite Beijing warning

Tue, Aug 02, 2022

Kirby said that nothing about Pelosi`s possible trip changed U.S. policy toward Taiwan, and that Beijing was well aware the division of powers within the U.S. government meant Pelosi would make her own decisions about the visit.

China threatens countermeasures if US boycotts Beijing Olympics

China threatens countermeasures if US boycotts Beijing Olympics

Mon, Dec 06, 2021

U.S. politicians should stop calling for a diplomatic boycott of the Beijing Winter Olympics to avoid hurting bilateral ties and China will take "countermeasures" if necessary, China`s foreign ministry said on Monday

Statin therapy linked to lower death rate in corona patients

Statin therapy linked to lower death rate in corona patients

Thu, Jun 25, 2020

As a result, it has not been clear how clinical outcomes in patients with COVID-19 are affected by the use of statins, either alone or in combination with ACE inhibitors and ARBs, which are commonly prescribed with statins and also increase ACE2 expression in animals.

Explained: Key Issues, implications of US-China trade talks

Explained: Key Issues, implications of US-China trade talks

Mon, Jan 28, 2019

The two sides are trying to resolve deep differences over China`s trade and intellectual property practices, industrial subsidies and market access to avert an increase in U.S. tariffs on Chinese goods scheduled for March 2.

Global Economy: Testing times from Beijing to Wall Street

Global Economy: Testing times from Beijing to Wall Street

Sat, Jan 19, 2019

If you were surprised by this month`s bounce in global stock markets, next week may tell you if you should join in or stay out.

China paper rebuts trade war criticism, says ''an elephant can't hide''

China paper rebuts trade war criticism, says ''an elephant can't hide''

Fri, Aug 10, 2018

China`s top newspaper rebutted growing criticism in government circles that Beijing should have taken a lower profile to head off its trade war with the United States, saying on Friday that, like an elephant, China cannot hide its size and strength.

US-China Trade War: From pork to fruit, Beijing slaps tariffs on 128 US products

US-China Trade War: From pork to fruit, Beijing slaps tariffs on 128 US products

Mon, Apr 02, 2018

China`s tit-for-tat move comes after US President Donald Trump announced to impose trade charges of up to $60 billion on Chinese imports on March 22 and did not revoke them despite Beijing`s stern warning. The Customs Tariff Commission of the State Council has decided to impose a tariff of 15 per cent on 120 items of products imported from the US including fruits and related products, and a tariff of 25 per cent on eight items of imports including pork and related products from the country, according to a statement posted on the ministry website

Beijing to shut 1,000 manufacturing firms by 2020

Beijing to shut 1,000 manufacturing firms by 2020

Sat, Jan 27, 2018

The closures are part of a bigger initiative to balance and integrate the economies of the cities of Beijing, Tianjin and the surrounding Hebei province

Beijing to build $2 billion AI research park: Report

Beijing to build $2 billion AI research park: Report

Wed, Jan 03, 2018

Beijing is planning to build a 13.8 billion yuan ($2.12 billion) artificial intelligence development park in the city`s west, the official Xinhua news agency reported, as China pushes ahead to fulfil its ambition to become a world leader in AI by 2025.

Connaught Place 9th costliest office market in the world; Mumbai lags: CBRE

Connaught Place 9th costliest office market in the world; Mumbai lags: CBRE

Fri, Jun 16, 2017

According to CBRE's latest bi-annual global prime office occupancy report, Connaught Place in New Delhi has been ranked as the 9th costliest place for office loaction in the world which makes it costlier than Dubai, downtown Boston and Shanghai.

China's Xi Jinping tells PM Narendra Modi issues should be managed "appropriately"

China's Xi Jinping tells PM Narendra Modi issues should be managed "appropriately"

Fri, Jun 09, 2017

China's president Xi Jinping during his meeting with Indian prime minister Narendra Modi on Friday said that both the countries should work to "appropriately" manage their differences.

Despite demonetisation, Bengaluru, New Delhi & Mumbai record healthy growth in office rental in Q1: Knight Frank

Despite demonetisation, Bengaluru, New Delhi & Mumbai record healthy growth in office rental in Q1: Knight Frank

Tue, Jun 06, 2017

Highlights: 1. CBD area of Bengaluru registered 4.7% growth in the office rental space in Q1 of 2017 2. Connaught Place area of New Delhi recorded 4.3% growth in office rental in Q1

Mumbai beats Delhi & Bengaluru in global luxury homes market; registers 1.1% in 12-month period

Mumbai beats Delhi & Bengaluru in global luxury homes market; registers 1.1% in 12-month period

Tue, May 16, 2017

India's financial capital Mumbai has recorded 1.1% price growth in luxury homes market during the 12-month period between March 2016 to March 2017, said Knight Frank report.

Profits near flat at China's Bank of Communications, AgBank; pressures persist

Profits near flat at China's Bank of Communications, AgBank; pressures persist

Wed, Mar 29, 2017

China's two leading banks namely Bank of Communications (BoCom) and Agricultural Bank of China (AgBank) have reported modest annual profit growth on Tuesday.

China's LeEco to sell 43-acre US Silicon Valley site amid cash crunch: Sources

China's LeEco to sell 43-acre US Silicon Valley site amid cash crunch: Sources

Fri, Mar 17, 2017

LeEco is looking to sell a 49-acre US Silicon Valley property less than a year after buying it from Yahoo Inc, sources said.

Hurun Global Billionaire Rich list: Only 152 women billionaires out of 7 billion people

Hurun Global Billionaire Rich list: Only 152 women billionaires out of 7 billion people

Wed, Mar 08, 2017

Hurun Report on Tuesday released the sixth edition of its 'Hurun Global Rich List 2017' survey report, which showed that out of 2,257 billionaires in the world, only 15% or 152 were women.

US President Donald Trump calls Chinese ''grand champions'' of currency manipulation

US President Donald Trump calls Chinese ''grand champions'' of currency manipulation

Fri, Feb 24, 2017

US President Donald Trump declared China the "grand champions" of currency manipulation on Thursday.

China's January forex reserves fall more than expected to $2.998 trillion, near 6-year low

China's January forex reserves fall more than expected to $2.998 trillion, near 6-year low

Tue, Feb 07, 2017

China's foreign exchange reserves have fallen to $2.998 trillion in January as compared to a drop of $41 billion in December.

China banks extend record 12.65 trillion yuan in loans in 2016 as debt worries mount

China banks extend record 12.65 trillion yuan in loans in 2016 as debt worries mount

Thu, Jan 26, 2017

China's banks have extended a record 12.65 trillion yuan ($1.84 trillion) of loans in 2016 as the government encouraged more credit-fueled stimulus to meet its economic growth target.

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