India holds enormous potential to cut its imports from China by 40% (around $35 billion) in the future because of a wide range of goods.
Monthly Archives For August 2022
Chinese city swabs freshly caught seafood for Covid-19
The Chinese coastal city of Xiamen is testing freshly caught fish, crabs and even shrimp for Covid-19 as it goes all out to contain a spiraling outbreak — a policy drawing ridicule online and …
Watch: Even fish undergo Covid-19 tests in China
The video went viral on Chinese social media triggering a heated discussion. While some users ridiculed the authorities for testing sea life, others supported them saying it is for the society’s well- …
Crypto lender Hodlnaut lays off staff
The company, which applied for a form of creditor protection last week, did not reveal further details about the police proceedings …
AmCham Taiwan says there’s been no ‘appreciable’ business disruptions over recent China tensions
Andrew Wylegala of the American Chamber of Commerce in Taiwan says, however, that its survey found that almost half of its members “suspect that there will be some kind of dislocation and disruption” …
Solomon Islands to borrow nearly $100m from China to deploy more than 100 mobile towers
The Solomon Islands has outlined its intentions to deploy more than 100 cell towers with the help of a loan amounting to $100 million from a Chinese state-owned bank. There’s plans for the deployment …
This Small Island Nation Gets $66 Million China Loan To Fund Huawei Work
Solomon Islands said Thursday that it had secured a $66 million loan from China to fund tech giant Huawei building 161 telecommunications towers across the Pacific nation.
China set to lower lending benchmarks to revive wobbly economy
China is widely expected to lower its benchmark lending rates on Monday, a Reuters survey showed, with a vast majority of participants predicting a deeper cut to the mortgage reference to lift the …
Billionaire Yang Huiyan’s Country Garden Warns Profit Will Plunge 70% Amid China’s Property Crisis
Country Garden Holdings—controlled by billionaire Yang Huiyan and her family—said Thursday it expects first-half profits to tumble as much as 70%, adding to signs of the deepening crisis in China’s …
China’s largest duty-free group stages Hong Kong listing despite zero-Covid
Travel retail giant China Tourism Group Duty Free has raised $2.1bn in a downsized Hong Kong share offer, as a sweeping Covid-19 lockdown in the tropical island province known as “China’s Hawaii” …
‘New normal’ across the Taiwan Strait as China threat looms ever closer
China is attempting to establish a “new normal” across the Taiwan Strait, eroding self-ruled Taiwan’s territorial control and increasing the threat of a strike with each military sortie, officials and …
Heatwave in China forces factories to shut down, affecting Intel, Foxconn, Toyota, and many others
Many factories in China’s Sichuan province have paused operations from Monday to Saturday in order to relieve some of the strain put on the power grid …
Donald Trump told Scott Morrison ‘China f**ked the world with Covid-19’, according to new book
Plagued, the new book by The Australian ‘s political reporters Simon Benson and Geoff Chambers, has lifted the lid on what happened during Scott Morrison’s time as Prime Minister. So far, it has lived …
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