Beijing : China has approved the controversial cyber security act, putting forth the reason of cyber attacks and terrorism. Having made difficult the entry for companies with foreign technology in China due to this new act, they have been imposed with restrictions upon information storage and security. Since this act has been imposed despite the expressed unhappiness of foreign companies […]
Tokyo : Amidst the growing tension with China and North Korea, Japan has shown signs of speeding up its military capabilities. On Wednesday, Prime Minister Shinzo Abe’s Government has proposed a military budget of $50 billion to the Parliament which includes fighter jets, drones, Anti- Ship missile system, Chinook helicopters and Air to ship missiles. […]
Tokyo : With the concerns of increased security risks from China and North Korea, Japanese government has begun preparations to sanction a defense budget of $52 billion. A proposal to this effect will be presented in the Japanese parliament in the coming week. This defense budget includes expenses for production of military drones, upgradation of […]
Beijing :Increasing debt, high dependence on government policies and financial aids, over-capacity production in the industrial sector are some of the factors that may have a negative impact on China’s economy; according to International Monetary Fund (IMF) report. IMF has indicated that if suitable economic developments are not done, China’s GDP could see a drop […]
The Central Bank of China has warned that China is to a certain extent under pressure even now and so recession still looms over the country. Li-Gang Liu, the chief Economist in China has warned that a just one wrong turn on the part of the government would suffice to take China to economic stagnation. […]
Presumptive Republican presidential nominee Donald Trump has accused China of being the biggest and best “abuser” as it was dumping its goods into US, stealing intellectual property and imposing hefty taxes on American companies doing business in that country. “China is the biggest and best abuser”, said Trump, speaking to his cheering supporters in Pittsburgh. […]
“The trade deficit with China that India has had to suffer, is certainly not good news and the Indian Government has set about efforts at various levels towards correcting the situation. Negotiations with China about providing better market access to Indian drugs and IT segments are in progress”, asserted Nirmala Sitharaman, the Minister of State […]
