Indian MEA and his US counterpart hold talks in Cambodia, as tensions rise due to inciting Chinese activities

Indian MEA and his US counterpart hold talks in Cambodia, as tensions rise due to inciting Chinese activities

Phnom Penh: On Thursday, Indian External Affairs Minister S Jaishankar held talks with US Secretary of State Antony Blinken in Cambodia against the background of the visit of Nancy Pelosi to Taiwan and the aggressive Chinese activities. The meeting of ‘ASEAN’ is currently being held in Cambodia. External Affairs Minister S. Jaishankar said that the […]

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Chinese Economy continues to decline – banking sector may take a hit of $350 bn due to Real Estate Crisis

Chinese Economy continues to decline – banking sector may take a hit of $350 bn due to Real Estate Crisis

Beijing: China, the world’s second-largest economy, is still in recession. Last month, it was revealed that China’s economic growth rate had dropped to 0.4%. After that, there are indications that the crisis in China’s ‘Real Estate’ sector is taking a more serious form. International financial institutions have predicted a 30% drop in China’s housing and […]

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‘Zero Covid Policy’ affects Chinese industry

‘Zero Covid Policy’ affects Chinese industry

Beijing / Shanghai: The ‘Zero Covid Policy’ being implemented by China to curb the Coronavirus pandemic has led to growing resentment in the industry. Foreign companies operating in China have signalled a reduction in investment as well as manpower. Whereas, many small companies in China are reportedly on the verge of closing down. Besides, analysts […]

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Fresh China-Taiwan tensions emerge – Chinese semiconductor companies in Taiwan being raided

Fresh China-Taiwan tensions emerge – Chinese semiconductor companies in Taiwan being raided

Taipei: There are reports that the Chinese military is preparing to attack Taiwan. But even before that, there seemed to be a conflict flaring up in the field of semiconductors between China and Taiwan. Authorities in Taiwan have raided 10 Chinese companies and have started thorough interrogation of more than 70 people. Taiwan has accused […]

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Alarming decline in the Chinese economy following strict implantation of Zero COVID Policy

Alarming decline in the Chinese economy following strict implantation of Zero COVID Policy

Beijing: Effects of the strict implementation of the Zero COVID Policy by the Chinese government have started showing in the Chinese economy. During a meeting on Thursday, Chinese President Xi Jinping announced that the Zero COVID policy would continue under any circumstances. At the same time, he also indicated that the Chinese population would have […]

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Increasing Unemployment among youth threatens China’s Economic Stability – concerns Chinese agencies

Increasing Unemployment among youth threatens China’s Economic Stability – concerns Chinese agencies

Beijing: While the outbreak of the Coronavirus pandemic and the lockdowns imposed given the pandemic are adding to the discontent of the Chinese population, a more disturbing report has surfaced. It has been exposed that there is a huge growth in unemployment among the youth in the urban regions. The Chinese National Bureau of Statistics […]

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India retaliates by refusing visa to Chinese citizens for refusing entry to Indian students into China

India retaliates by refusing visa to Chinese citizens for refusing entry to Indian students into China

New Delhi: 22,000 students studying in China returned home after the outbreak of Coronavirus in China. China is unwilling to allow these students entry to resume their courses. This has put the education of these students in jeopardy. India has raised this issue during discussions with China on various occasions. As China is not paying […]

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50 Coronavirus deaths reported during Lockdown in China’s Shanghai; intense discontent among locals

50 Coronavirus deaths reported during Lockdown in China’s Shanghai; intense discontent among locals

Shanghai: – There is a feeling of intense discontent in the Shanghai population given the harsh restrictions, shortage of life essentials, and censorship imposed by the ruling Communist Chinese regime once again. The lockdown imposed at the end of March has still not been withdrawn, even after completing a month. The lockdown has been made […]

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Slowdown of Chinese economy will adversely affect global economy, warns IMF

Slowdown of Chinese economy will adversely affect global economy, warns IMF

Moscow/ Washington: International Monetary Fund (IMF) chief Kristalina Georgieva has warned that prolonged slowdown in the Chinese economy will adversely impact on the global economy. She said that China has a chance to revive its economy; however, it will be important to see what measures are taken. A few days back, the IMF warned of […]

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