New Delhi: China has hinted its willingness to rename the “China Pakistan Economic Corridor (CPEC)” project considering India’s objection. Last week, Luo Zhaohui, China’s ambassador to India, asserted that China is prepared to rename ‘CPEC’. Chinese Foreign Ministry has not denied Luo Zhaohui’s proposal. Therefore it is seen that China is ready to negotiate for […]
Washington/Beijing – The top US newspaper has claimed that the model of economic progress that took China to become the second-largest economy in the world is over. The data revealed in the last few months confirm that the Chinese economy, which has maintained the pace of economic growth for nearly four decades, encompasses various crises. […]
Beijing: China’s top real estate company ‘Country Garden’ has not paid interest dues on US dollar bonds. This information emerged as the company announced a seven billion-dollar loss in the first six months of 2023. The company has a total debt burden of $200 billion. Besides, it has surfaced that the company does not have […]
New Delhi – External Affairs Minister (EAM) S. Jaishankar has pointed out that as soon as India signs a Free Trade Agreement (FTA) with the African continent, Tanzania will become the hub of India’s trade. EAM Jaishankar, who arrived on a visit to Tanzania, made this claim while addressing the entrepreneurs of this country. For […]
Beijing/Khartoum: Over the past decade, China has emerged as the largest credit lender for African countries. The increasing demand for fuel and other natural resources and the ambition to become a global superpower is said to be behind China’s economic policy. Until the last decade, the picture of China’s policy being successful stood at the […]
Dhaka: External Affairs Minister (EAM) of India S. Jaishankar has participated in the sixth ‘Indian Ocean Conference’ that has begun in Dhaka, the capital of Bangladesh. While speaking on this occasion, Jaishankar attacked China without directly citing names; he said nations disregard legal obligations or violate long-standing agreements and immensely damage trust and confidence. He […]
Beijing/ Washington – In the background of the sanctions imposed by the US and the increase in interest rates, it is coming to light that China has sold a large amount of US bonds. In January 2022, US debt securities were equal to $1.03 trillion. By the end of January 2023, the value of US […]
New Delhi: The US has prepared to implement the nuclear deal with India 14 years ago. In 2008, India and the US signed the Civil Nuclear Energy Cooperation Agreement. But the two countries had big differences on issues like the Nuclear Liability Act. Due to this, the benefit of this agreement was not taken by […]
Colombo: India has shown its readiness to assist Sri Lanka by all means, which has been in an economic crisis due to being stuck in the trap of Chinese debt. Foreign Minister of India S. Jaishankar emphasised it during his visit to Sri Lanka. Moreover, the Foreign Minister of Sri Lanka has expressed gratitude towards […]
Dakar/ Washington: When China and Russia are trying to increase their influence in the African continent, Janet Yellen, the US Treasury Secretary, has entered Africa. Yellen’s Africa tour is for ten days; during this period, she will visit three countries, namely Senegal, Zambia and South Africa. A few days ago, China’s Foreign Minister Qin Gang […]