India and China have agreed to an “expeditious disengagement” of troops in a disputed border area where their soldiers have been locked in a standoff for more than two months, India’s foreign ministry said on…
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China claims victory over India in Himalayan border row
The area is known as Doklam in India and Donglang in China. The news comes a week before a visit to China by Indian Prime Minister Narendra Modi. The plateau, which lies at a junction…
Beijing’s grand plan for electric cars: looks good, but under the bonnet …
To true believers it is a demonstration of the economic superiority of central planning. In 2015, Beijing declared its plans to dominate the world’s electric car industry by the year 2025. And to benchmark progress…
India, China to pull back troops from border confrontation
NEW DELHI – India and China have agreed to pull back their troops from a face-off in the high Himalayas where China, India and Bhutan meet, signalling a thaw in their months-long standoff, India’s government…
India, China agree to ‘expeditious disengagement’ of Doklam border dispute
China’s official Xinhua news agency said India had withdrawn its personnel and equipment “that had crossed the border back to the Indian side.” “Chinese personnel verified this at the scene,” Xinhua reported. “China will continue…
2nd storm in a week batters southern China
A second tropical storm in days swept into southern China on Sunday, lashing Hong Kong and Macau with heavy rain and strong wind as the region reels from the strongest typhoon in decades that left…
China July industrial profits rise at slowest pace in three months
BEIJING (Reuters) – Earnings growth for China’s industrial firms cooled in July after accelerating for three straight months, reinforcing expectations the economy will slow over coming quarters as higher lending costs and property market curbs…
Luxury brands using e-commerce to lure Chinese Valentine’s Day shoppers
In honor of this year’s special day, Spanish fashion brand Loewe has designed “Hearts” Barcelona bags exclusively for China’s online shoppers after announcing its partnership with Tmall, Alibaba Group’s B2C shopping site. This marks the…
China must improve business environment for manufacturing sector: Premier Li
BEIJING (Reuters) – China should provide more fundraising services to companies, especially smaller firms, and look at fiscal and tax policies that support upgrading its manufacturing sector, Premier Li Keqiang said in remarks published on…
China promotes army general who fought Vietnam in 1979 border war
BEIJING (Reuters) – China’s military has promoted an army general who fought Vietnam in a brief border war in 1979, the Defence Ministry said, part of a broad reshuffle expected as part of this autumn’s…
China bans new business ventures by North Koreans
China’s commerce ministry has banned North Korean nationals from setting up new businesses in the country, enforcing recent UN sanctions as Washington urges Beijing to do more to curb its ally’s nuclear ambitions. The ban,…
China will use ‘all necessary means’ against US trade probe
The probe is the Trump administration’s first direct measure against Chinese trade practices, which the White House and US business groups say are bruising American industry. Gao also said that China’s support for overseas investment…
China bans new business with North Korea in line with UN sanctions
BEIJING: China’s commerce ministry late on Friday banned North Korean individuals and enterprises from doing new business in China, in line with United Nations Security Council sanctions passed earlier this month. New joint venture enterprises,…
