China Financial News

wheat and rapeseed. India is expected to experience above-normal minimum and maximum temperatures from December to February, with fewer «cold wave days expected», the India Meteorological Department said in a statement. Winter-sown crops such as wheat, rapeseed, and chickpea are planted from October to December and need cold weather during their growth and maturity stages for optimal yields.

BJP has flayed Congress leader Rahul Gandhi for his remarks on GDP growth rate decline and said his attempt to paint a picture of economic doom, with selective data and «half-truths», is not just misleading but reeks of a «childish» oversimplification of complex realities. The Leader of Opposition in Lok Sabha had on Sunday expressed concern over India's GDP growth rate declining to its lowest in two years and said the country's economy cannot progress as long as a handful of billionaires accrue its benefits. He stressed that new thinking is required for India's economy and a new deal for businesses should be an important part of it. Reacting sharply, BJP IT department head Amit Malviya wrote on X, «Your attempt to paint a picture of economic doom, with selective data and half-truths is not just misleading but reeks of 'Balak Buddhi' — a childish oversimplification of complex realities». He said crying foul over a 5.4 per cent GDP growth rate by the Congress leader is «laughable when it is one of the highest globally».

Volkswagen workers have launched rolling two-hour strikes at nine plants across Germany to underscore their resistance to pay cuts and factory closures

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Biden is finally making his long-promised visit to Africa this week, attempting to showcase a US-backed railway project in three countries that he has pushed as a new approach in countering some of China's global influence. Biden's first visit to the continent as president — which he left to the very end — will highlight the Lobito Corridor railway redevelopment in Zambia, Congo and Angola. It aims to advance US presence in a region rich in the critical minerals used in batteries for electric vehicles, electronic devices and clean energy technologies. That's a key field for US-China competition and China has a stranglehold on Africa's critical minerals.

President Joe Biden will make his long-awaited visit to Africa this week to showcase a U.S.-backed railway project that goes across three countries

Shares have started the week higher in Asia, led by gains in China as monthly surveys showed improving conditions for manufacturing

Subscribe to enjoy similar stories. Apple products say on the box “assembled in China," leaving the mystery of who did the assembling. Owners of a new iPad might be surprised to learn one of the answers: China’s biggest electric-vehicle maker.

Subscribe to enjoy similar stories. Car dashboards have an array of indicators that illuminate to warn of trouble. If the boardrooms of Europe’s carmakers had similar systems they would be lit up like a Christmas market.

Vivo T3 Ultra in-depth review: A near perfect performance phone for budget buyersiQOO 13 will feature a 2K LTPO AMOLED display with 144Hz refresh rate. It will also come with IP68 and IP69 rating for dust and water resistance.

OpenAI CEO Sam Altman on Sunday expressed confidence that US President-elect Donald Trump's administration would support the artificial intelligence sector to ensure the United States and its allies continue to lead it. Speaking to conservative US broadcaster Fox News on Sunday, Altman said AI technology needed massive infrastructure support and that he believed Trump would be good at providing it. «We need to build that here and we need to be able to have the best AI infrastructure in the world to be able to lead with the technology and the capabilities,» he said.

Subscribe to enjoy similar stories. India has stayed off US President-elect Donald Trump’s target range so far, but Brics was the focus of his latest finger-wag.

“While we could see some foreign selling in the next one week or so, the extreme selling should fizzle out as global investors typically have light positions in December,” said Abhilash Pagaria, head of alternative and quantitative research at Nuvama.

Oil prices edged up on Monday supported by upbeat factory activity in the world's second largest oil consumer China and as Israel resumed attacks on Lebanon despite a ceasefire agreement, stoking tensions in the Middle East. Brent crude futures climbed 8 cents, or 0.1%, to $71.92 a barrel by 0107 GMT while U.S. West Texas Intermediate crude was at $68.09 a barrel, up 9 cents, or 0.1%.

Ultra low-cost online retailers Temu and Shein are giving Western retailers a run for their money this holiday shopping season

cement maker Holcim will exit its Nigerian business through the sale of its almost 84% stake in Lafarge Africa to China's Huaxin Cement in a $1 billion deal, it said on Sunday. The deal aligns with Holcim's strategy to streamline its portfolio and focus on high-growth regions, including the coming spin-off of its North American business, which remains on track for a US listing in the first half of 2025.

Indian badminton stars PV Sindhu and Lakshya Sen expressed happiness after securing singles titles at the Syed Modi India International badminton tournament in Lucknow on Sunday. Two-time Olympic medalist Sindhu ended her Badminton World Federation (BWF) World Tour drought of over two years by defeating China's Wu Luo Yu in the finals of the women's singles competition. Speaking to after her win, Sindhu said, «Really happy to have won the title».

Subscribe to enjoy similar stories. New Delhi: The production-linked incentive (PLI) scheme—one of the ways in which this government was hoping to increase manufacturing in India—is going through a slowdown, with planned expansions to the programme being put on hold.

Taiwan's Mainland Affairs Council (MAC) had condemned China and Russia for escalating tensions in the Asia-Pacific region. The council's statement on Friday highlighted Chinese military activity in the Taiwan Strait and joint military operations between China and Russia, which breached South Korea's air defence identification zone (KADIZ) earlier this week, Taipei Times reported. These actions have raised concerns about increasing instability in the region.

Subscribe to enjoy similar stories. Antony Blinken, America’s secretary of state, was unusually blunt on a recent visit to Europe: “One of the reasons that [Vladimir] Putin is able to continue this aggression is because of the provision of support from the People’s Republic of China," he said. China was, he added, “the biggest supplier of machine tools, the biggest supplier of microelectronics, all of which are helping Russia sustain its defence industrial base".

President-elect Donald Trump is threatening 100% tariffs against a bloc of nine nations if they act to undermine the U.S. dollar