China Financial News

Nijjar, in Canada, an independent blogger, Jennifer Zeng, has said that China's «purpose was to frame India creating discord between India and the West». She also alleged that it was a part of the CCP's sinister «Ignition Plan» to disrupt the world in line with Xi Jinping's military strategy regarding Taiwan. Jennifer Zeng is a Chinese born rights activist, journalist who is currently living in the US. In a video posted on the social media platform, X, Zeng dubbed the killing of Nijjar as an assassination claiming, «Today shocking revelations about the 'assassination ' of Sikh religious leader, Hardeep Singh Nijjar, in Canada have emerged from within the CCP.

BHP chief executive Mike Henry says an unprecedented era of government funding for “critical minerals” ventures risks distorting markets, and governments could achieve a broader benefit by speeding up project approvals rather than giving “sugar hits” to individual projects.

BHP chief executive Mike Henry says stronger uranium prices will boost the business case for an expansion of South Australia’s Olympic Dam copper precinct, which would in turn allow BHP to grow its uranium output.

Evergrande New Energy Vehicle Group, the electric-vehicle arm of embattled property developer China Evergrande and U.S.-listed NWTN has been halted, according to a Hong Kong bourse stock filing on Sunday. The suspension of the share subscription deal was due to «significant uncertainties» tied to the Evergrande group, the filing by the Chinese firm said. Previously, Evergrande said investigations had been initiated against the parent company, its founder and senior executives, while the firm's debt restructuring plan has also been derailed. In an announcement in August, the electric-vehicle subsidiary said it had agreed to issue 6.18 billion new shares to Dubai-based mobility company NWTN for a total consideration of HK$3.89 billion ($496.72 million), implying a subscription price of HK$0.6297 per share. Trading in shares of the China Evergrande New Energy Vehicle Group, which were suspended on Sept.

Mint explains. Yes, dams can be susceptible to damage resulting from floods and cloudbursts. However, it depends on the age of the dam, their construction quality and the climate adaptation of these mega infrastructure projects.

NEW DELHI : China’s BYD Auto Co. Ltd’s executives have been unable to secure Indian visas for at least over a year, precluding in-person meetings with representatives of Megha Engineering and Infrastructure Ltd in India for their electric vehicle (EV) project, two people familiar with the developments said. In the absence of Indian visas, meetings between BYD and Megha executives are being held in countries such as Nepal, Sri Lanka and China, the people said on condition of anonymity.

₹38 crore in donations since 2017 from non-profits and shell companies linked to a wealthy American named Neville Roy Singham who considers himself a “Marxist" and has close links to the Chinese government. Whatever the actual figure, it does appear that Singham funnelled crores into an outfit that is practically not worth a fraction of that. So what was Singham buying; what was Newsclick selling? If Newsclick is a journalistic organization, then it appears shady.

Indian Olympic Association (IOA) president P T Usha on Sunday supported the government's plan to place a proposal to host the 2036 Olympics. India won an unprecedented 107 medals, including 28 gold, in the games that ended on Sunday. In the Chinese city, the country saw an increase of 37 medals from the previous best achieved in the 2018 edition.

India, with a record haul of 107 medals at the Hangzhou Asian Games, has written a glittering chapter in the country's sporting history, while also giving a strong reason to start dreaming about a best-ever Olympic performance next year in Paris. The 660-strong contingent bagged 28 gold, 38 silver and 41 bronze at the continental showpiece, fetching 37 more medals than at the 2018 Jakarta Games. Indian athletes even surpassed their own expectations in some of the events such as shooting and archery, giving the country its best ever hauls in these disciplines.

China’s investment in the Lithium battery industry is seemingly coming back to haunt the country’s smaller battery manufacturers who have invested billions to take advantage of the growing demands as well as the subsidies provided by the government. China’s battery manufacturers are expected to produce 4,800 gigawatt-hours (GWh) of batteries by 2025 while the demand for such batteries is shrinking by the hour. This is not only quadruple of the demand sought by the country’s EV makers, but is also ultimately going to lead to the closure of battery manufacturers that operate in smaller sizes. As per reports from private companies operating in the lithium industry, the production capacity at China’s battery factories is estimated to reach more than twice the demand levels in the country, approximately for 22 million EVs. China, globally accounts for the largest share in processing some of the most essential materials required to produce batteries; such as 65% of the world’s lithium, 74% of cobalt, 100% of graphite and 42% of copper processing units.

Jindal Steel and Power (JSP) is planning to make its Angul unit India's largest single-location steel manufacturing facility, its Managing Director Bimlendra Jha has said. Currently, the capacity of the Odisha plant is being ramped up to 11.6 million tonnes per annum (MTPA) from the existing 5.6 MTPA, Jha told PTI in an interaction. «We are more than doubling the capacity in Angul by next year...we have ambitions to further double it up to 24 MTPA, making it India's largest single-location steel plant,» the managing director said without sharing any timeline for the plan.

Heavyweight creditors, a pair of Asian private equity firms and a reclusive rich lister. Here’s a messy deal to sink your teeth into.

Jonathan Schiessl, Deputy CIO, Westminster AMC, says “I am very happy with our investments towards India which tend to be much longer term. We try not to be too short term. We have taken some equity weightings down to sort of underweight positions but within the context of an overall equity allocation, we have kept weightings in emerging markets and places like India up. We have not taken money out of India at all and we continue to like it on a medium to longer term basis.” I always thought you loved India. Yes.

Read more. Four more remains were discovered on October 7, and the death toll from the Sikkim flash flood reached 30. There are currently 81 persons missing, for whom search efforts are underway.

British Parliament that both sides had already closed the majority of chapters, but added that his country would accept only a “fair and reciprocal” trade deal. A year later, hard negotiations are still continuing. UK PM Rishi Sunak said last month that there was progress in talks but he “won’t rush” into a deal.

Tourism in China has bounced back to pre-pandemic levels during a recent eight-day national holiday, giving a temporary boost to the nation’s flagging economy

Taiwan's economy minister has confirmed that regulators are investigating four Taiwanese companies suspected of helping China’s Huawei Technologies to build semiconductor facilities

Asian shares are mostly higher in cautious trading after Wall Street drifted to a quiet close on worries about a too-hot U.S. job market

FTA journey can be divided into three distinct phases. 1975-2004: In this phase, the focus was on reducing tariffs to promote merchandise trade. India embarked on its FTA journey in 1975 by signing the Bangkok Agreement with Bangladesh, Sri Lanka, and S Korea.

Chinese astronauts defied conventions by livestreaming an open flame experiment aboard China's Tiangong space station.

 The Indian men’s and women’s chess teams won silver medals at the Asian Games here on Saturday.GM Harika Dronavalli, IM Vaishali Rameshbabu, IM Vantika Agrawal, and WGM Savitha Shri Baskar all won their games in a dominating fashion to beat South Korea 4-0 in the final round to finish with 15 match points.