UK dependence Despite the concerns of some of his own lawmakers, Prime Minister Boris Johnson has stated that he will not “pitchfork away” Chinese investment offers. Decisions to bar Chinese firms from Britain’s fifth-generation communication networks and nuclear power, as well as condemnation of China’s human-rights record, have strained relations with Beijing in recent years,Continue reading “Boris Johnson says UK doesn’t want to turn away Chinese investment”
Tag Archives: #china
China, travel recovery push RIL’s refining margins higher
Refinery Business (pressure from China & expectation from native) Refining margins have risen for the first time since the pandemic, and with travel picking up and China pressuring energy-intensive industries to reduce emissions, analysts expect Reliance Industries Ltd’s refining margins to strengthen (RIL). As China tightens oversight of projects with high energy consumption and carbonContinue reading “China, travel recovery push RIL’s refining margins higher”
Microsoft is shutting down LinkedIn in China, citing a ‘challenging’ environment.
Technology(Microsoft – LinkedIn extinction in China) LinkedIn will replace its China platform with a jobs site. China, he claims, is imposing stricter compliance requirements. The move comes as Beijing tightens controls on the internet sector
China has at least 65 million empty homes which is enough to house France’s population.
Fact (China – ‘A huge mass’) China has at least 65 million empty homes, enough to house France’s entire population. China’s ghost cities are a sprawling testament to the country’s reliance on real estate as a driver of economic growth, as well as its faith in the sector as a safe investment.
India-China trade deficit soars to $47 bn as business ignores Ladakh crisis, ‘Atmanirbhar’ push
‘Trade is a process of Business’ The Modi government’s attempts to reduce India’s dependence on goods manufactured in China and push self-reliance alongside since the military confrontation in Ladakh last year does not seem to be making much headway if India-China trade figures are any indication.While bilateral trade is on track to hit a record-highContinue reading “India-China trade deficit soars to $47 bn as business ignores Ladakh crisis, ‘Atmanirbhar’ push”
China launches its first solar exploration satellite!
Space(satellite launch vehicle) China on Thursday sent it first solar exploration satellite into space from the Taiyuan satellite launch centre in northern Shanxi Province ! The Satellite was launched aboard a long March-2D rocket and entered its planned orbit successfully!
Vehicle sales in China, the world’s largest car market, are down 20%.
Automobile marketing The Chinese automotive industry, the world’s largest, is still in trouble, with sales in September falling 19.6% compared to the same month in 2020. This was the fifth month in a row that sales in the world’s largest auto market fell. The worldwide chip scarcity is having an impact all across the world,Continue reading “Vehicle sales in China, the world’s largest car market, are down 20%.”
China’s Chang’e-5 Samples Reveal Key Age of Moon Rocks – First Fresh Lunar Samples in More Than 40 Years
Astronomy(space) Scientists share analysis of first fresh samples from the moon in more than 40 years. A lunar probe launched by the Chinese space agency recently brought back the first fresh samples of rock and debris from the moon in more than 40 years. Now an international team of scientists — including an expert fromContinue reading “China’s Chang’e-5 Samples Reveal Key Age of Moon Rocks – First Fresh Lunar Samples in More Than 40 Years”
India can learn economic lessons from China’s Evergrande catastrophe
Business Evergrande, the world’s most indebted real estate business, has been the subject of concern in the financial and economic world in recent weeks. At the same time, the larger issue of China’s reliance on its real-estate sector for growth persists.
India is likely to prevent Chinese investors from participating in the LIC IPO
Shares in Insurance According to Reuters, four senior government officials and a banker are working to defuse tensions between the two countries by barring Chinese investors from purchasing shares in a publicly traded life insurance firm (LIC).
India’s quest for a road to Central Asia
Geo Politics Central Asia may want India to act as a counterbalance to China. It is said that China has so far pledged US$100 million to improve Afghanistan’s connectivity. In a speech at the Shanghai Cooperation Organization (SCO) meeting on September 17, Narendra Mo Prime Minister Di talked about how Central Asia has historically servedContinue reading “India’s quest for a road to Central Asia”