China devalues its ‘Yuan’

China devalues its ‘Yuan’

Beijing/Washington, Dt.30 (News agency) – Just as the G-7 summit, held recently in Japan, concluded by proclaiming an end to the currency war, China declared the devaluation of its currency the ‘Yuan’. In the week of the summit itself, the Chief of the U.S. Federal Reserve, Mr. Janet Yellen signalled the hiking of interest rates. […]

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China’s opposition to India’s NSG membership continues

China’s opposition to India’s NSG membership continues

Beijing dated 25th May (News Services)- Indian President Pranab Mukherjee commenced his tour of China, landing at Guangzhou on 24th May. Prior to the President’s arrival, China had declared their unchanged stance on India’s participation in the Nuclear Suppliers Group (NSG). Simultaneously China expressed their readiness to extend the proposed Tibet to Nepal railway services […]

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US Defense Minister’s stern warning to China over ‘South China Sea’

US Defense Minister’s stern warning to China over ‘South China Sea’

Beijing/Washington (News Agency) – US has announced to continue its naval vigilance in ‘South China Sea’ region despite of the stern discontentment and threats of attacks expressed by China. Defense Minister Ashton Carter made this announcement while addressing American Congress and confirmed that America will not succumb to the aggressions of China. Meanwhile Chinese government daily […]

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Third World War inevitable, China warns US

Third World War inevitable, China warns US

Beijing (News Agency) – China’s Military through their ‘White Paper’ has warned US not to interfere in the ‘South China Sea’ issue or else it could trigger the Third World War. On the other hand China has issued notice to their military to discard its defensive mode and adopt an aggressive mode as a preparation for the Third […]

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