China

China defends CPEC, says project not aimed at India

Chinese Foreign Ministry spokesperson Hua Chunying

Beijing [China], Jan. 19 : China has defended the China-Pakistan Economic Corridor (CPEC), saying that the project isn't aimed at India and Beijing is committed to developg friendly and cooperative relations by respecting the sovereignty and territorial integrity of its neighbours.

Chinese Foreign Ministry spokesperson Hua Chunying said, "The CPEC is a new framework for long-term cooperation and development in various fields built up by China and Pakistan, which will help promote regional connectivity and trade and economic cooperation as well as regional peace, stability and development. It targets no third party and will not affect China's stance on the Kashmir issue,"

Chinese delegation may meet Trump team in Davos

Chinese delegation may meet Trump team in Davos

Beijing [China], Jan. 13 : There is possibility of a meeting between the Chinese delegation and U.S. President-elect Donald Trump's transition team members on the sidelines of the World Economic Forum annual meeting in Davos, Switzerland next week.

According to observers, with concerns over trade protectionism and anti-globalization swirling, such a meeting could help narrow positions on trade and sensitive political issues, reports the China Daily.

President Xi Jinping will lead the Chinese delegation to Switzerland for a state visit from Sunday to Wednesday. On Tuesday, he will become the first top Chinese leader to attend the Davos meeting.

Alibaba apologises for posting inaccurate maps of China, US on Twitter

Alibaba apologises for posting inaccurate maps of China, US on Twitter

Beijing [China], Jan. 12 : Chinese e-commerce giant Alibaba Group has apologised for posting on Twitter an illustration with inaccurate maps of both China and the U.S.

On the map of China, neither Taiwan nor the South China Sea islands were marked, reports the People's Daily.

The illustration was posted on Alibaba's official Twitter account to explain the trade opportunities between small businesses in the U.S. and customers in China.

However, the maps soon drew criticism for excluding Alaska and Hawaii on the U.S. side, and Taiwan and the South China Sea islands on the Chinese side.

Alibaba's Jack Ma meets Trump to discuss job creation in U.S.

Alibaba's Jack Ma meets Trump to discuss job creation in U.S.

Beijing [China], Jan. 10 : Chinese e-commerce giant Alibaba's chairman Jack Ma, in a meeting with U.S. President-elect Donald Trump in New York, has discussed plans to create one million new jobs in America, by helping small businesses sell goods to China.

The meeting,on Monday, which comes under strained relations between Beijing and the incoming U.S. administration, is a sign that a door has been left open for pragmatic cooperation with Chinese companies, despite Trump's tough stance on China, according to Chinese experts.

China- an example of how to lose friends and influence countries

China- an example of how to lose friends and influence countries

Hong Kong [China], Dec. 6 : It was John Lydgate, a 15th century poet monk, who said, "You can please some of the people all of the time, you can please all of the people some of the time, but you can't please all of the people all of the time." China currently finds itself in this position, with few friends being gained but many more lost.

Indeed, some might consider that China has been facing something of a crisis in terms of its external relations in 2016. A low point was the comprehensive slamming of Chinese actions and claims in the South China Sea, and the debunking of its myth of "indisputable sovereignty", when the Permanent Court of Arbitration released its findings in July.

Saina stunned by China's Yiman in Macau Open quarters

Saina stunned by China's Yiman in Macau Open quarters

Macau [China], Dec.2 : In a major blow to India, ace shuttler Saina Nehwal crashed out of the ongoing Macau Open Grand Prix Gold Badmintontournament after going down against China's Zhang Yiman in straight games in the women's singles event here on Friday.

The top-seeded failed to continue her good form in the tournament so far and suffered a 12-21, 17-21 shocking defeat at the hands of World No. 226 Yiman in a thrilling quarter-final contest that lasted more than half-an-hour.

It was for the second time that Saina failed to make it to the semi-finals since making a comeback to the international arena after undergoing surgery of her right knee following Rio Olympics 2016

Beijing asks Singapore abide by 'one-China' principle after seizure of military vehicles in Hong Kong

Beijing asks Singapore abide by 'one-China' principle after seizure of military

Hong Kong [China], Dec.2 : China has firmly asked Singapore to abide by the "One China" principle after recently impounding military vehicles of the city state in Hong Kong.

Foreign ministry spokesman Geng Shuang was quoted by the South China Morning Post, as saying that Beijing has made a diplomatic representation to Singapore over its decision to order customs officers in Hong Kong to seize nine Singapore combat vehicles that were en route from Taiwan earlier this week.

"We demand Singapore strictly abide by the one-China principle. The Chinese government resolutely opposes nations with diplomatic ties with China to have any form of official contacts with Taiwan, including military exchanges and cooperation," he said.

Saina survives Indonesian test to reach Macau Open quarters

Saina survives Indonesian test to reach Macau Open quarters

Macau [China], Dec.1 : Ace Indian shuttler Saina Nehwal survived an early scare from Indonesia's Dinar Dyah Ayustine to book her place in the quarter-finals of the Macau Open Grand Prix Gold badminton tournament here on Thursday.

After going down in the first game, the London Olympics bronze medallist rebounded strongly to register a 17-21, 21-18, 21-12 win over her Indonesian opponent in the women's singles clash that lasted about an hour.

With the win, Saina has now set up a clash against Zhang Yiman of China for a place in last four.

Earlier, the 26-year-old from Hisar kicked off the tournament on a promising note as she registered 21-23, 21-14, 21-18 win over Indonesia's Hanna Ramadini.

74 killed in China construction collapse horror

Construction Collapse in Southeast China Kills Dozens at Power Plant

Beijing [China], Nov. 25 : Disaster struck when a platform built to help with repairs at a Chinese power plant collapsed Thursday morning, killing 74 people.

Chinese state-run news agency Xinhua reported that sixty-eight victims have been identified whose age range from 23 to 53.

Two other people were injured, including a person whom rescuers managed to pull from under the debris at the site in Fengcheng city in the southern province of Jiangxi.

The platform had been built around a cooling tower that was undergoing repairs and sixty-eight people were working on it at the time of the collapse, according to China's State Administration of Work Safety.

China: At least 40 dead in power plant construction site accident

China: At least 40 dead in power plant construction site accident

Nanchang [China], Nov. 24 : At least 40 people were killed after a under construction platform of a power plant's cooling tower collapsed in east China's Jiangxi Province Thursday.

The death toll was likely to rise further as an unknown number of people were still trapped and rescue work was underway, reports state owned Xinhua news agency

Five injured workers were sent to a local hospital. (ANI)

PV Sindhu to take on sixth-seed Ji Hyun in China Open semis

Fuzhou [China], Nov.19 : Rio Olympics silver-medallist PV Sindhu will aim to book her place in the finals of the ongoing China Open Super Series tournament when she takes on sixth-seed Sung Ji Hyun in her last-four contest of the women's singles event later today.

Sindhu stormed into the semi-finals after brushing aside China's promising teenager He Bingjiao 22-20, 21-10 in the quarter-final clash that lasted half-an hour.

Meanwhile, Ji Hyun of South Korea made her place in the last four by struggling past Japan's Akane Yamaguchi 22-20, 10-21, 21-18 in a gruelling contest that lasted one hour and 10 minutes.

Crash kills China's first J-10 female fighter pilot

Crash kills China's first J-10 female fighter pilot

Beijing [China], Nov. 14 : The first woman to fly China's J-10 fighter plane, Yu Xu, was killed in an accident during a routine training flight with the aerobatics team over the weekend.

The engine and the flight data recorder or black box of the two-seater fighter jet J-10 has been recovered at the accident site in Yutian county on Saturday evening, reports the China Daily.

According to an official, the authorities are investigating the cause of the accident.

Two pilots from the Bayi Aerobatic Team of People's Liberation Army's Air Force were conducting a routine flight training on Saturday morning in Tianjin before they were forced to eject from the jet as two jets hit each other.

China, U.S. to hold annual trade talks on commerce and trade

China, U.S. to hold annual trade talks on commerce and trade

Beijing [China], Nov. 12 : Annual talks on commerce and trade will be held by China and the United States in Washington D.C., where both nations will exchange ideas of important economic and trade issues, as well as ways to expand cooperation in their last high-level economic dialogue this year.

The state owned Xinhua news agency quoted China's Foreign Ministry spokesperson Lu Kang saying at routine press briefing that the 27th Session of the China-U.S. Joint Commission on Commerce and Trade (JCCT) is scheduled for Nov. 21 to 23.

The talks will be co-chaired by Chinese Vice Premier Wang Yang, U.S. Secretary of Commerce Penny Pritzker and Trade Representative Michael Froman.

The talks will also be attended by U.S. Secretary of Agriculture Tom Vilsack.

Giant Panda population goes up to over 1900: Survey

Giant Panda population goes up to over 1900: Survey

Beijing: Over 1,900 giant pandas, an endangered species, are currently in China and different parts of the world, representing an increase of 16.8 per cent compared to twelve years ago, according to official data.

There were 1,864 giant pandas living in the wild in China by the end of 2013, while 42 more stayed in 12 different countries, a survey of the State Forestry Administration said.

China has established collaborative research on giant pandas with 17 zoos from 12 countries, including Japan, the US, Austria, Thailand, Spain, Australia, Britain, France, Singapore, Canada, Belgium and Malaysia, state-run Xinhua news agency reported.

Air pollution reaches dangerous level in 106 Chinese cities

Air pollution reaches dangerous level in 106 Chinese cities

Beijing: The air pollution reached "dangerous levels" in 106 Chinese cities due to use of fireworks and firecrackers during the celebrations welcoming the Lunar New Year, according to a report.

On the eve of New Year on Wednesday night, the Air quality index (AQI) surpassed 300 in 106 cities, state-run Xinhua news agency reported.

Based on China's standard, an AQI between 201 and 300 is considered "heavy pollution", and an AQI of over 300 is defined as "serious".

The China National Environmental Monitoring Center (CNEMC) put the number of air-polluted cities at 201 from Wednesday night to the daytime of Thursday.

More than 40 of them saw "serious pollution."

But parched Beijing had its first snowfall on the first day of the Lunar New Year yesterday afternoon.

China's mobile internet users touch 557M

China's mobile internet users touch 557M

Washington, Jan 04 : The number of mobile internet users in China has reportedly reached to 557 million as of December 2014.

According to Tech Crunch, the China Internet Network Information Center (CNNIC) , a government organization, has released its latest report on Internet usage.

The country recorded a growth of 11.4 percent from the previous year.

There are a total of 649 million internet users in the country at present, which follows a five percent increase from last year.

The growth brings China's Internet penetration rate to 47.9 percent, the report added. (ANI)

Most Chinese cities failed to meet basic air quality standards in 2014

Most Chinese cities failed to meet basic air quality standards in 2014

London, Feb 04 : Only eight out of 74 biggest Chinese cities have met the government's basic air quality standards in 2014, the environment ministry said.

The most polluted cities of China were in north-eastern Hebei, the province surrounding the capital city of Beijing. While the northern industrial city of Baoding had the dirtiest air, the southern city of Haikou, in Hainan province, was found to have the cleanest air, reported the BBC.

Beijing and Shanghai failed the assessment that was based on readings of pollutants such as PM2.5, PM10, nitrogen dioxide, carbon monoxide and ozone.

The statement was published on environment ministry's website and noted that the 2014 outcome was an improvement over the previous year when just three cities met the air quality standards.

Alibaba shares drop by more than 10 percent post disappointing December quarter results

Beijing, Jan 30 - Alibaba Group Holding Limited's shares have fallen by more than 10 percent on Thursday wiping more than 25 billion dollar of market value after the third quarter revenue fell short of expectations.

According to China Daily, the revenue of the company rose by 40 percent making it 4.22 billion on the December quarter.

Tian Hou , a Beijing-based analyst said that stock price drop is not about Earnings per share, it's about the top line growth.

Alibaba did not address Tuesday's announcement that its second-biggest shareholder Yahoo Inc plans to spin off its 15 percent stake in the company. (ANI)

China's economy registered lowest growth rate in 24 years during 2014

China's economy registered lowest growthWashington, Jan 21 : China's economy in 2014 reportedly slithered to its lowest rate of growth in more than two decades.

CNN reported that China's Gross Domestic Product (GDP) was 7.4 percent in 2014, compared to the same period the previous year, according to the National Bureau of Statistics.

The GDP rate failed to reach the government's 7.5 percent goal, marking the slowest growth rate since 1990.

Full-year growth was dragged down by a 7.3 percent expansion in the final three months of the year, the slowest quarterly growth rate since the global financial crisis , the report said.

Retail real estate markets in India, China to witness greatest growth in 2015

Retail real estate markets in India, ChinaWashington, Jan 13 : Retail real estate markets in India and China will witness the greatest growth in 2015, according to Collier International's 2015 Property Outlook.

Simon Lo, Executive Director of Research and Advisory Services, Asia, said that the increased spending power of the younger generation, the rapid growth in middle-class families and the sustained pace of urbanisation across the continent have been the driving forces behind retail sales over the past few years.

Lo added that these were the positive factors and look that was set to continue for at least another five years, Enterprise Innovation reported.




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