Prime Minister Mahathir Mohammed indicates cancelling of ambitious Chinese projects in Malaysia

Prime Minister Mahathir Mohammed indicates cancelling of ambitious Chinese projects in Malaysia

Kuala Lumpur: ‘The government feels that two of the ambitious projects initiated by China in Malaysia are unnecessary . These projects don’t seem practical for Malaysia. Therefore, We may cancel these two Chinese projects,’ the Malaysian Prime Minister rocked China with these words. Prime Minister, Mahathir Mohammed has created a sensation by indicating cancellation of […]

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US shocks Pakistan by cutting its military aid, also stops the training of its military

US shocks Pakistan by cutting its military aid, also stops the training of its military

Washington: United States has delivered a strong blow to Pakistan, who is trying to increase its military cooperation with Russia and China. The US congress has passed a bill, restricting the military aid to Pakistan worth $150 million. At the same time, the decision to stop training Pakistani soldiers and officers in the US military […]

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Indian position announced at the Shangri-La Dialogue, appreciated by US and China

Indian position announced at the Shangri-La Dialogue, appreciated by US and China

Washington/Beijing: The stance adopted by India about the Indo-Pacific region in the Shangri-La Dialogue has been appreciated by the United States as well as China. However, there is a difference in the tone of appreciation shown by both the countries. US Secretary of Defence, James Mattis has specially appreciated the Indian Prime Minister’s statement about […]

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East and southern African countries debate accepting Chinese Yuan as reserve currency at the conference in Zimbabwe

East and southern African countries debate accepting Chinese Yuan as reserve currency at the conference in Zimbabwe

Harare: Influence and scope of the Chinese Yuan which was accepted as a global ‘Reserve Currency’ by the International Monetary Fund two years ago, is on the rise. In an economic conference held in Africa on Monday, there were comprehensive discussions about officially accepting Yuan as a Reserve Currency. A few African countries including Angola, […]

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China has crossed ‘Red Line’, warns Taiwanese President Tsai Ing-wen after two nations cut political ties with Taiwan in a single month

China has crossed ‘Red Line’, warns Taiwanese President Tsai Ing-wen after two nations cut political ties with Taiwan in a single month

Taipei: Burkina Faso, an African country has announced to break off political ties with Taiwan. While it becomes the second nation to make such a declaration within the span of only a month due to China’s pressure, Dominican Republic had also previously made a similar announcement. Being antagonised due to this, Taiwanese President Tsai Ing-wen […]

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Chinese debt is a major risk to our economy, warns RBA governor Philip Lowe

Chinese debt is a major risk to our economy, warns RBA governor Philip Lowe

Canberra: The chief of Australia’s central bank has warned that the increasing built-up of debt in the Chinese economy, who is the biggest trade partner of Australia, can prove dangerous for both the countries. The debt to GDP ratio in the Chinese economy has risen from 100 percent to a staggering 260 percent in the […]

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US imposes new sanctions against Venezuela, after President Maduro’s success in the elections

US imposes new sanctions against Venezuela, after President Maduro’s success in the elections

Caracas/Washington: The United States alleged that the elections and subsequent success of President Maduro in Venezuela on Sunday, was a ‘sham’ and imposed new sanctions on Venezuela. China refrained from congratulating Maduro under the pretext that it did not wish to interfere in the internal matters of Venezuela. 14 nations from Central and South America […]

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China conspiring to put India’s neighbours in a debt trap, indicate analysts before the US Congress committee

China conspiring to put India’s neighbours in a debt trap, indicate analysts before the US Congress committee

Washington: A United States study group has expressed grave concern over the tightening Chinese debt trap around India’s neighbouring countries. This warning was issued by the analysts of the ‘International Assessment and Strategy Centre’ in a hearing before the US Congress committee. It was also claimed that China is trying to conspire against India by […]

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China makes efforts to establish military base at Vanuatu in the Pacific Ocean, draws intense reaction from Australia

China makes efforts to establish military base at Vanuatu in the Pacific Ocean, draws intense reaction from Australia

Canberra/Beijing: China is making efforts to establish a military base in ‘Vanuatu’, a country in the Pacific Ocean, around 200 km from Australia. The Australian media has made these claims based on the information from the Australian intelligence agencies. The Australian and the US officials have already discussed the matter, it is said. The Australian […]

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Netherlands Prime Minister warns Germany and France to not dictate on EU reforms

Netherlands Prime Minister warns Germany and France to not dictate on EU reforms

Amsterdam: Netherlands Prime Minister (PM) Mark Rutte warned that Germany and France should not try to force their ambitious plans about improvements in the European Union (EU) on the other member countries against their will. By issuing this warning just ahead of the meeting of German Chancellor Angela Merkel and French President Emmanuel Macron, he […]

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