For now, Indian equities and the currency are holding up as the Asian giants have a history of face-offs. They fought a war in 1962 over their 3,488-kilometer unmarked boundary. The challenge now is to de-escalate as the scale of the previous conflicts “was very small,” according to Dai Ming, Shanghai-based fund manager at Hengsheng Asset Management Co.
Tag Archives: China
Africa: Continent Set to Get Debt Relief From China
[East African] Chinese President Xi Jinping has pledged to cancel interest-free debt owed by “relevant” African countries as part of Beijing’s move to help the continent during the Covid-19 pandemic.
Trump Trade Official Defends China Deal and Criticizes the W.T.O.
The trade negotiator Robert E. Lighthizer defended the aggressive use of tariffs and said Europe could face levies if it did not agree to better trade terms.
Trump warns of ‘complete decoupling’ from China despite talks
President Donald Trump warned Thursday the United States had the option to separate from China’s deeply intertwined economy, despite the powers’ pledges to move forward on a trade deal.
India-China border dispute: tensions likely to increase scrutiny of Chinese investment, analysts say
Restrictions on Chinese trade and investment in India are expected to increase following a deadly clash between troops along their shared border on Monday, analysts said.Local trade groups and officials in India are urging boycotts of Chinese-made products and new reviews of Chinese investment following the major escalation of a weeks-long standoff between t […]
China charges two detained Canadians with alleged espionage
Chinese prosecutors said on Friday they have charged two detained Canadians for alleged espionage, in a case that has driven a diplomatic wedge between Ottawa and Beijing.
China hits Trump over Uighur sanctions amid Bolton claims he supported camps
“China will resolutely take countermeasures, and all the consequences arising therefrom must be fully borne by the United States,” a senior official said.
India accuses China of preparing attack on border troops
Delhi says Chinese dammed a river and lay in wait for clash in which 20 Indians diedIndia has accused Chinese troops of meticulously preparing an attack on its soldiers on the treacherous Himalayan border, claiming they erected a tent on the Indian side, dammed a river, brought in machinery and then lay in wait with stones and batons wrapped in barbed wire.T […]
Uighur ‘Imams’ most vulnerable to persecution in mainland China
The ‘Imams’ belonging to the Uighur Muslim community from Xinjiang province of northwest China have become most vulnerable to persecution owing to Beijing’s crackdown on the minority Muslims. Uyghur Hjelp, a Norway-based Uighur advocacy and aid organisation has said that Chinese authorities since 2016 have detained at least 518 key Uighur reli […]
Europe Markets: European stocks rise on signs of loosening U.S.-China tension while Wirecard gets crushed again
European stocks pushed higher on Friday and were headed for a weekly gain after days of worries over rising coronavirus cases in parts of the world. Potential good news on the U.S.-China trade front was inspiring some gains.
China brings bulldozers in to Himalayan site of clash with India
India says 20 soldiers were killed in what it claimed was a pre-meditated attack near the Line of Actual Control, the disputed border between the world’s two most populous countries.
Australia hit by cyber attacks from ‘state actor’ — experts suspect it’s China
Australia has been targeted by ongoing “sophisticated” cyber attacks from a “state-based actor,” Prime Minister Scott Morrison warned at a press conference today. Morrison said the attacks were targeting “all levels of government,” as well as businesses, political organizations, essential service provides, and critical infrastructure. He refused to reveal th […]
Drug-addict parents sell their newborn son online so they can buy crystal meth
The parents from south-western China rushed to trade off their baby last October after striking a deal with another couple who had trouble conceiving through an online chatting platform.