China Financial News

Reuters citing two sources. In March, Evergrande had unveiled offshore debt restructuring plan, but uncertainty has surrounded it after the developer on Sunday said that it was unable to issue new debt due to an ongoing probe into its main unit in China.

Mint has seen a copy of the letter that has other signatories— heads of Bharat Diamond Bourse (BDB) ,located in Mumbai’s Bandra-Kurla Complex, Surat Diamond Bourse (SDB), Mumbai Diamond Merchants’ Association (MDMA) and Surat Diamond Association . “India’s exports of polished diamonds have fallen by more than 25% in the January-August period as demand for loose polished diamonds and jewellery from key consumers like US and China has been materially affected, which is why we have appealed to our members to halt imports of roughs," Shah told Mint.

By Bansari Mayur Kamdar and Sruthi Shankar

By David Lawder

Manipuri neurosurgeon, Dr Amitkumar who teaches Wushu at a quiet corner in Imphal East district, an extraordinary task to promote the game in the state. Driven by his deep childhood attachment with the game, Amitkumar cannot leave this electrifying Chinese martial art to date.

Indo-Pacific region has emerged as a focal point. Indian Army Chief General Manoj Pande, addressing the Indo-Pacific Army Chiefs’ Conference (IPACC), reaffirmed India’s dedication to upholding peace and stability in this vital area.

Bloomberg, the currency has climbed by 9 percent, outperforming the Colombian peso which recorded a 3 percent gain during the same period. On-year basis, the afghani has climbed by 14 percent, which makes it the third strongest performer after Colombia and Sri Lanka's currencies, according to the news agency's data.

The Financial Times reports Tuesday morning that Tesla (NASDAQ:TSLA), along with other European carmakers exporting from China, will be part of a probe by the EU into whether the country's electric vehicles industry is receiving unfair subsidies.

By David Morgan and Andy Sullivan

The Shanghai Second Intermediate People's Court in China has explained that Bitcoin (BTC) stands out as a unique virtual asset based on several attributes including its scarce nature.

Chinese e-commerce company Alibaba says it will spin off its logistics arm, Cainiao Smart Logistics Network, in an initial public offering in Hong Kong

Ford says it’s pausing construction of a $3.5 billion electric vehicle battery plant in Michigan until it is confident it can run the factory competitively

By Brenda Goh

Investing.com — U.S. futures fell Tuesday, with investors dealing with the fallout from the Federal Reserve's hawkish policy update last week as well as a potential government shutdown.

WASHINGTON (Reuters) -The United States has added three Chinese companies to the forced labor entity list involving Uyghurs, according to a government posting on Tuesday, as part of an effort to eliminate forced labor practices the U.S. supply chain.

Live Mint, Ramachandran points towards the country's "conducive environment" to attract global investments, the economic prospects vis-à-vis China and other Asia Pacific (APAC) nations, how India can leverage from advancements in artificial intelligence and whether its net-zero goals are aligned with the growth vision. Edited excerpts from the interview.

China is putting together the «largest» conventional military buildup since the Second World War, without clarifying the strategic purpose behind the exercise. Australia has sought to stabilise its relationship with China after a «difficult period», he said. «China is engaging in the largest conventional military buildup that the world has seen since the Second World War.

Check out the companies making headlines before the bell.

Tulika Maan missed out of a chance to win a medal after going down to Mongolia's Amaraikhan Adiyasuren in the bronze-medal play-off of the women's +78kg event at Asian Games here on Tuesday. The 25-year-old from Delhi, a silver medallist at the 2022 Commonwealth Games, lost to Adiyasuren 0-10 by ippon at Xiaoshan Linpu Gymnasium here. Earlier, Tulika knocked out Macao's Qing Lam Lai 10-0 in just 15 seconds with an ippon.

The Shanghai Second Intermediate People's Court in China has reportedly recognized  Bitcoin as a unique and non-replicable digital asset while acknowledging its scarcity and inherent value.

Army chiefs and senior officers from 30 countries including the United States met in India Tuesday to discuss threats facing the Asia-Pacific region, in the face of concern at an increasingly assertive China. US Army chief Randy George said the region was «critically important», speaking to reporters alongside his Indian counterpart Manoj Pande, and vowed to boost cooperation to «maintain a free and open Indo-Pacific». Generals from Japan and Australia, which make up the «Quad» defence cooperation forum alongside Washington and New Delhi, also took part, as did Britain and France. As the generals met, China's Foreign Minister Wang Yi said that Beijing would oppose the «wanton expansion of military alliances», the latest in a string of warnings as Washington deepens security ties in the Asia-Pacific. Beijing has long said that any effort to establish a NATO-like military alliance in the Asia-Pacific would provoke conflict. Nations present at the two-day conference in New Delhi included Vietnam and the Philippines, both of which have longstanding pending territorial disputes with China. The conference, which launched in 1999, brings together army chiefs and top officers from 30 countries. India's Pande said the region faced challenges on both land and at sea. «These range from territorial disputes over land masses, or in some cases, even over artificially expanded islands to acquire real estate and establish military bases,» Pande added, in an indirect reference to China. India has also had to balance its traditional alliance with Russia — the provider of most of its arms imports, and now a source of cut-price oil — with growing ties to Washington. «The partnership between India and the US armies is vital for