China: News
25 Oct 2023
BusinessChinese real estate company Country Garden defaults on dollar bond
For the first time ever, Chinese developer Country Garden Holdings has defaulted on a US dollar bond, emphasizing its struggles amid a wider property debt crisis impacting China's economy.
25 Oct 2023
CanadaCanada's 'Spamoflage' hacking allegations ploy to smear China: Beijing
After Canada linked China to "Spamoflage," a campaign where bots reportedly hijacked the social media accounts of dozens of Canadian MPs, Beijing urged Canada to stop peddling lies that could further hurt bilateral ties.
24 Oct 2023
Xi JinpingChina removes Defence Minister Li Shangfu 'missing' for 2 months
China has removed Li Shangfu as the defense minister and state councilor without providing any explanation, the country's state news agency Xinhua reported.
24 Oct 2023
Sri LankaSri Lanka approves free visas for India, 6 other countries
Sri Lanka's government has reportedly greenlit a proposal to offer free visas to tourists from seven countries, including India, China, Russia, Japan, Malaysia, Indonesia, and Thailand.
24 Oct 2023
Wang YiIsrael-Hamas war: China shifts stance, acknowledges Israel's 'right to self-defense'
Chinese Foreign Minister Wang Yi has acknowledged Israel's right to defend itself against Palestinian terror group Hamas in a telephonic conversation with his Israeli counterpart Eli Cohen, state-run Chinese news agency Xinhua reported.
23 Oct 2023
FoxconniPhone-maker Foxconn under investigation by Chinese authorities, stock plummets
Foxconn, Apple's primary iPhone assembler, saw its share's value decline by 3.4% on October 23.
22 Oct 2023
Line Of Actual ControlChina continues to develop military infrastructure along LAC: Pentagon
China continues to maintain a considerable military presence along the Line of Actual Control (LAC) with India, The Times of India reported, citing the Pentagon's yearly assessment of Chinese military capability.
20 Oct 2023
BusinessDistressed property developer China Evergrande to revise its restructuring plan
China Evergrande Group is tweaking the terms of its proposed offshore debt restructuring deal to better suit the company's current predicament and meet creditors' demands.
20 Oct 2023
RussiaIndia rejects Russia's demands to pay for oil in yuan
India is pushing back against Russian oil suppliers' demands to pay for crude imports in Chinese yuan, as tensions between New Delhi and Beijing continue.
20 Oct 2023
Electric VehiclesChina restricts export of graphite products required for EV batteries
China's commerce ministry has announced that starting December 1, export permits will be needed for specific graphite products to safeguard national security.
18 Oct 2023
United States of AmericaUS chokes China's chipmaking future while giving American companies lifeline
The Biden administration released new rules to limit China's access to US artificial intelligence (AI) chips.
17 Oct 2023
China Pakistan Economic CorridorChina marks BRI's 10th anniversary: Here's all about it
China kicked off the third Belt and Road Forum on Tuesday, hosting over a dozen world leaders, including Russian President Vladimir Putin, to mark the 10th anniversary of its Belt and Road Initiative (BRI).
17 Oct 2023
OpenAIChina's Baidu claims its AI is on par with ChatGPT
Baidu's founder, Robin Li, has announced that their newest version of the generative AI model, Ernie 4.0, has matched OpenAI's advanced GPT-4 in terms of sophistication and general capabilities, Bloomberg reported.
16 Oct 2023
BusinessFormer Bank of China head arrested on corruption charges
Liu Liange, the ex-chief of the Bank of China, has been arrested for allegedly accepting bribes and illegally approving loans.
16 Oct 2023
Social MediaChinese model gains 35kg to impress boyfriend, faces rejection
At a time when weight loss journey videos are a hit, a former Chinese model gained popularity on social media for putting on about 35 kg in a month. The reason? To impress her boyfriend.
16 Oct 2023
VivoVivo's Android 14-based OriginOS 4 to debut on November 1
Vivo will host its Developer Conference on November 1 and OriginOS 4 is set to be a major focal point of the event's announcements.
16 Oct 2023
United States of AmericaUS addresses loopholes in restrictions on chip exports to China
The US government plans to roll out new rules this week to stop American chipmakers from selling semiconductors to China that dodge current restrictions, told an anonymous US official to Reuters.
13 Oct 2023
International Monetary FundChina's property sector downturn could hurt Asia Pacific, warns IMF
The International Monetary Fund (IMF) has issued a warning that the slump in China's real estate sector could put a damper on growth prospects in the Asia Pacific region.
13 Oct 2023
IndiaIndia's exports declined 2.6% YoY in September amid global headwinds
India's merchandise exports dipped by 2.6% year on year to $34.47 billion in September, as the nation's outbound shipments felt the pinch of slowing global demand.
13 Oct 2023
IsraelIsraeli diplomat stabbed in China in suspected terror attack
An Israeli diplomat has been stabbed in China in a suspected terrorist attack, Israel's Foreign Ministry told The Times of Israel. The diplomat is hospitalized, and his condition is said to be stable.
13 Oct 2023
HSBC BankIndia far from replacing China as world's growth driver: HSBC
India's recent economic progress has been impressive, but HSBC Holdings Plc. suggests the country isn't quite ready to replace China as the world's growth engine.
13 Oct 2023
Delhi High CourtDelhi HC dismisses NewsClick founder, HR's pleas challenging remand order
The Delhi High Court dismissed the pleas on Friday filed by NewsClick founder Prabir Purkayastha and HR chief Amit Chakraborty challenging the order by a trial court remanding them to seven days of police custody in the Unlawful Activities (Prevention) Act (UAPA) case.
13 Oct 2023
BusinessChina's international trade fell 6.2% in September
China's exports and imports took a hit in September, both dropping 6.2% compared to last year.
12 Oct 2023
Central GovernmentIndia tightens business regulations for 'hostile countries'
To tighten economic security regulations amid national security concerns, the Centre has reportedly prohibited any domestic or international company having any commercial arrangement with hostile countries like China and Pakistan from "directly" participating in public projects.
12 Oct 2023
Enforcement Directorate (ED)ED is investigating Vivo for visa violations and money laundering
Enforcement Directorate (ED) has accused some Chinese employees of smartphone maker Vivo of hiding their employment status while applying for visas and violating rules by visiting "sensitive" areas like Jammu and Kashmir.
11 Oct 2023
Central Bureau Of Investigation (CBI)CBI files FCRA violation case against NewsClick, launches fresh raids
The Central Bureau of Investigation (CBI) on Wednesday filed a case against online news portal NewsClick over alleged violations of the Foreign Contribution Regulation Act (FCRA), the Hindustan Times reported.
10 Oct 2023
VivoMoney laundering: ED arrests Vivo India executives, Lava International MD
The Enforcement Directorate (ED) on Tuesday arrested three executives of Chinese mobile maker Vivo Mobiles India, including a Chinese national, as part of its ongoing investigation into alleged money laundering and tax evasion.
10 Oct 2023
International Monetary FundIMF hikes India's growth forecast to 6.3%, lowers China's
The International Monetary Fund (IMF) has revised India's 2023-24 growth forecast from 6.1% to 6.3%, thanks to "stronger-than-expected" consumer spending in the April-June quarter.
10 Oct 2023
IndiaIndia needs to target 8% growth to outpace China: Barclays
India needs to achieve an annual growth rate of 8% to overtake China as the largest contributor to the global economy, says Barclays Plc.
10 Oct 2023
BusinessChinese copper mogul goes missing, possibly held by police
He Jinbi, a Chinese copper tycoon and the founder of Maike Metals International Co., has reportedly gone missing, with colleagues speculating that he may have been detained by police for questioning.
09 Oct 2023
Delhi High CourtDelhi HC reserves order on NewsClick founder's plea against arrest
The Delhi High Court on Monday reserved its order on the pleas by NewsClick founder Prabir Purkayastha and HR head Amit Chakravarty against their arrest under the Unlawful Activities (Prevention) Act, India Today reported.
09 Oct 2023
Electric ScootersCentre demands $60 million refund from e-scooter makers: Here's why
The Indian government is calling on six electric scooter manufacturers, including Hero Electric Vehicles Pvt, to return $60 million (nearly Rs. 500 crore) in subsidies for breaking localization rules, Bloomberg reports.
09 Oct 2023
CitibankHSBC buys Citigroup's China wealth management business for $3.6 billion
HSBC Holdings will acquire Citigroup's retail wealth management business in mainland China, a strategic move aimed at becoming a top player in the country's booming wealth market.
09 Oct 2023
BusinessChina Evergrande's $500 million EV share deal suspended amid uncertainties
Evergrande New Energy Vehicle Group, the electric vehicle (EV) arm of the troubled property developer China Evergrande, has put its $500 million share subscription deal with US-listed NWTN on hold.
06 Oct 2023
Artificial Intelligence and Machine LearningAI can warn us about earthquakes before they happen
A new artificial intelligence (AI) algorithm, created by researchers at the University of Texas at Austin, has managed to predict 70% of earthquakes a week before they happened, during a seven-month trial in China.
05 Oct 2023
NASAChina says its Xuntian telescope will outshine NASA's 33-year-old Hubble
China is gearing up to launch its Xuntian space telescope, or the Chinese Survey Space Telescope (CSST), next year.
04 Oct 2023
United KingdomChinese submarine tragedy killed its 55 sailors: Intelligence leak
A malfunction on a Chinese nuclear-powered submarine resulted in the deaths of 55 sailors, reported The Times, citing a "leaked British intelligence report."
04 Oct 2023
Delhi PoliceNewsClick founding-editor, HR head sent to 7-day police remand
NewsClick founder and Editor-in-Chief, Prabir Purkayastha, along with the news portal's Human Resources (HR) head, Amit Chakravarty, have been sent to a seven-day police remand.
03 Oct 2023
AppleApple complies with China's stricter app store rules
Apple has introduced a new policy for its China App Store, necessitating that new apps must show evidence of a Chinese government license before becoming available to users.
03 Oct 2023
Delhi PoliceDelhi Police raids NewsClick journalists' homes in China funding case
The Delhi Police is reportedly carrying out multiple raids at the residences of journalists and employees working with the news outlet NewsClick on Tuesday.
