US targets cheap products coming in from China. What's the 'de minimis' loophole it's trying to plug
Biden administration puts in new curbs to counter low-value products mainly originating from China-founded e-commerce platforms. This comes 2 months ahead of US presidential elections. Key Points
ThePrintActions of China air force in SCS illegal, reckless: Philippines prez
Manila, August 11 Philippine President Ferdinand Marcos Jr on Sunday condemned Chinese air force actions in waters of the South China Sea claimed by both countries, calling the actions “unjustified, illegal and reckless”. Manila and Beijing accused each other on... Key Points
The TribuneP Chidambaram calls Katchatheevu a settled issue, tells PM Modi to speak on Chinese aggression
P Chidambaram, former Union Home Minister during his party-led UPA regime wondered why the Prime Minister was raking up an issue that was settled way back in 1974. That year, the Indira Gandhi government, in order to maintain good relations with Sri Lanka and to help lakhs and lakhs of Tamils there, negotiated with the island nation's government. Key Points
Economic TimesChinese C-drama gaining popularity on Indian OTT platforms
MX player is an Indian video streaming platform, which also has foreign TV content- Korean and Chinese Dramas in its “MX VDesi” section. Interestingly, most of the YouTube channels which stream C-Drama are located in western countries and the content/ script originated from China. C-Drama YouTube channels are predominantly operating from the United States, Taiwan and Hong Kong, ET has learnt. Key Points
Economic TimesAt least 6 killed, several injured in suicide attack in northwest Pakistan
An explosive-packed vehicle rammed into the bus carrying the Chinese nationals in Pakistan's Khyber-Pakhtunkhwa. The deceased were working on the Dasu hydropower project. Key Points
ThePrint
China’s clean-tech success isn’t entirely because of statist policy
It’s not a story of easy money and state subsidies as much as a tale of capitalism working well to direct resources. Unlike real estate, clean-tech in China isn’t overleveraged. Key Points
mintChinese EV makers take centre stage at Bangkok motor show, to unveil new models
Chinese car makers, led by Geely's Zeekr and Xpeng Motors, will pose a challenge for Japanese giants at the Bangkok International Motor Show. They aim to expand in Southeast Asia, targeting Thailand's premium EV market, intensifying competition in the region. Key Points
Economic TimesChina is charging ahead with EVs. Why is the world worried?
Concerns over China's EV dominance in Western markets are rising, with Chinese automakers like BYD offering cheap electric vehicles that undercut Western prices, leading to fears of a future market takeover. The threat of Chinese EVs has prompted global automakers to join forces and consider manufacturing partnerships to stay competitive. Key Points
Economic TimesChinese handset companies in a fix over leadership hiring in India
While the Indian government is nudging these brands to add local executives in top decision-making leadership roles, many are apprehensive to come on board due to the limelight and scrutiny that comes along with the job in a Chinese company. Officials aware of the details told ET that the government is hopeful that Chinese brands will soon hire local talent for key leadership roles in their Indian operations, like what they did for distribution and marketing. Key Points
Economic TimesChinese hackers have stolen 100 GB of immigration data from India, leaked papers show
Leaked documents reveal extensive cyber intrusions by Chinese state-linked hacking group. Implications raise concerns about scale and persistence of cyber threats from China and their impact on global cybersecurity. Targets include foreign governments, companies, infrastructure. iSoon, a Shanghai-based firm, plays a significant role in Chinese hacking operations. Key Points
Economic Times
China is secretly raising a corporate army in 16 major firms to fight home and abroad
Chinese companies are forming volunteer armies called Peoples Armed Forces Departments (PAFDs), reflecting Beijing's concerns about social unrest and foreign threats. These units, reminiscent of the Mao Zedong era, act as a reserve force for the military and can be deployed for various missions, including disaster response and maintaining social order. Key Points
Economic TimesWill the dragon finally come and perform this time? 5 metal stocks for tactical investing
While they cannot be called half hearted attempts, the fact is the Chinese government's attempt to revive economic growth through sale of special bonds, allowing selective concession for sectors like real estate, cutting CRR for some category banks did not pay the way the Chinese government had expected. So, finally, the Chinese central bank decided to cut the rate this week once again. Now this is not the first time that they have made an attempt, probably a fourth monetary stimulus attempt. The question is whether this time will have an impact, first signs would come from commodity markets. The good part is the Indian metal companies are better prepared to take the advantage of opportunity this time as compared to the past. Key Points
Economic TimesVideo: S Jaishankar, Chinese Foreign Minister meet after 6 months at Munich event
External Affairs Minister S Jaishankar and his Chinese counterpart Wang Yi met on the sidelines of the Munich Security Conference amid the border tensions. Both leaders had a brief chat. This was the first meeting in over six months. Key Points
India TodayMale allows China vessel to dock
A Chinese ship, equipped to carry research and surveys, will be docking at a Maldivian port after being permitted by the Male government to make a port call... Key Points
The Tribune IndiaChinese spy vessel headed to Maldives, India keeping a close watch
India is closely monitoring the movement of the Chinese spy vessel, Xiang Yang Hong 03, which is scheduled to reach the Maldives. The vessel, claimed to be an ocean research vessel by Beijing, is currently in SE Asian waters. India is tracking its activities, including any attempt to gather data on regional resources. Key Points
Economic Times
China fumes as US greets Taiwan president-elect
The Chinese foreign ministry on Sunday described a statement from US Secretary of State Anthony Blinken, which congratulated Taiwan’s president-elect... Key Points
The Tribune IndiaChina’s Messaging to the U.S.: Don’t Rock the Boat
How interested Beijing remains in sustaining communication channels with the U.S. may become more apparent in its responses to the Taiwan election results. Key Points
mintChinese smartphone makers in the eye of multiple storms
Shrinking market share across the globe is forcing Chinese smartphone makers to dampen exports from India. And this comes amidst intensifying pressure from New Delhi to tweak their structure to include more Indians at top managerial and distribution levels, localise components, and drive exports from the country is increasingly challenging sustained growth, industry executives and analysts said. Key Points
Economic TimesChina to provide consular protection to Vivo employees held in India; Says firmly backs rights of its busi
China has declared its intention to provide consular protection and assistance to the arrested employees of Chinese smartphone maker Vivo in India. The Enforcement Directorate recently arrested three Vivo-India executives in connection with a money laundering probe against the Chinese smartphone company. Key Points
Economic TimesThis NYU student owns a $6 million crypto mine
Yu, a 23-year-old student at New York University, has also become - quite unintentionally - a case study in how Chinese nationals can move money from China to the United States without drawing the attention of authorities in either country. The Texas facility, a large computing center, was not purchased with dollars. Instead, it was bought with cryptocurrency, which offers anonymity, with the transaction routed through an offshore exchange, preventing anyone from knowing the origin of the financing. Key Points
Economic Times
China to provide consular assistance to Vivo employees arrested in India
We are closely following what you mentioned. The Chinese government firmly supports Chinese companies to safeguard their lawful rights and interests, foreign ministry spokesperson Mao Ning told a regular press conference. Key Points
Economic TimesAn egg fried rice recipe shows the absurdity of China's speech limits
Discover the absurdity of China's speech limits through an egg fried rice recipe. Explore the controversy surrounding a popular food blogger and the political implications of his video. Read more on this intriguing story. Key Points
Economic TimesWhy are fewer Chinese tourists visiting Thailand?
Thailand's tourism bureau estimates nearly 1.5 million fewer visitors from China in 2023 than had been expected. | Travel Key Points
Hindustan TimesAustralia says its navy divers were likely injured by the Chinese navy's "unsafe" use of sonar
Analysts fear collision or other accident to spark an international incident and escalate into conflict. Australia on Saturday accused the Chinese navy of likely causing minor injuries to Australian naval divers by operating its sonar while they were trying to clear fishing nets from their ship’s propellers. Key Points
The Tribune IndiaFrom spy balloons to chocolates: Chinese propaganda frames Xi Jinping's US pivot
In a remarkable turn of events over eight months, China and the U.S. have made substantial progress in their relations. President Xi Jinping, once critical after the U.S. downed a suspected Chinese surveillance balloon, now stands with President Biden in a collaborative stance. Their recent face-to-face talks in California resulted in the agreement to open a presidential hotline, resume military communications, and tackle fentanyl production. Key Points
Economic Times
China, Pakistan conduct joint maritime exercises in Arabian Sea. Should India be concerned?
The Chinese and Pakistani navies have launched a joint exercise in the northern Arabian Sea, involving anti-submarine operations and joint maritime patrols. It is the first collaboration of its kind between the two allies. Key Points
mintA great shift happening for Mandarin learners in India. Tourism out, elite 'naukris' are in
Gone are the days when people from Bihar, Agra, and Chandigarh came to Delhi and scouted for Chinese tourists. Jobs in think-tanks, big companies and govt look promising. Key Points
ThePrintFormer Chinese premier Li Keqiang to be cremated on Nov 2
The cremation of former Chinese premier Li Keqiang will take place on November 2 in Beijing, following his sudden death due to a heart attack. Li was known for being a moderate reformist and greatly admired for his management of the economy during his tenure. Key Points
India TodayIndia's spying concerns to the fore again as Sri Lanka allows Chinese vessel to carry out 'research'
The Sri Lankan foreign ministry said on October 29 that a Chinese vessel has been granted permission to carry out marine research off the island's west coast under supervision. India has concerns that it could be a spy ship. Key Points
Economic TimesChinese ex-premier Li Keqiang passes away of sudden heart attack
China's former premier Li Keqiang, who was once known as the second most powerful man in the ruling Chinese Communist Party after President Xi Jinping, passed away in Shanghai on Friday. He was 68. Key Points
The Tribune India
China population: Maternity wards being shut down amid declining birth rate; Here’s all you need to know
A number of Chinese hospitals have closed down their maternity wards due to falling birth rates. The population is graying on the other hand. How will it impact the Chinese economy, GDP growth, and society? Key Points
Economic TimesWomen's kabaddi team beats Chinese Taipei, regains Asian Games gold for India's 100th medal
This was India’s third gold in women’s kabaddi. India won gold in the 2010 and 2014 editions but settled for a silver in 2018 after losing to Iran in the final. Key Points
ThePrintAsian Games: China censors women athletes' hug image on social media platform
India Today scanned a popular Chinese platform Weibo for the image. Not a single post with the image in question was found during the search for Lin Yuwei Wu Yanni on Weibo. Key Points
India TodayExclusive: US warned China to expect updated export curbs in October-US official
The Biden administration warned Beijing of its plans to update rules that curb shipments of AI chips and chipmaking tools to China as soon as early October, a U.S. official said, a policy decision aimed at stabilizing relations between the superpowers. Key Points
ReutersHuawei and Alibaba among companies seeking Chinese deepfake approvals
China's cyberspace regulator has received 110 applications from Chinese technology companies such as Huawei (HWT.UL) and Alibaba (9988.HK) for approvals related to models that can be used to manipulate visual and audio data. Key Points
Reuters
Under new map, China claims Russian island
The entire Bolshoi Ussursky Island in Russia's Amur region has been displayed as Chinese territory in the new map and this could be a cause of tensions between Moscow and Beijing. The island is situated at the confluence of Amur and Ussuri rivers and located close to the Russian city of Khabarovsk making it strategically important, according to experts on Sino-Russian ties. Key Points
Economic TimesChina economic outlook: Govt says all is well, but there’s gloom on the ground
A gulf has emerged between the Chinese economy as many Chinese are experiencing it, and Beijings narrative of it — and that gulf is only widening. For many ordinary Chinese, one of the worst economic slowdowns the country has faced in decades has translated into widespread pessiYouth at a job fair in Wuhan mism and resignation. Key Points
Economic TimesChinese economy won't go bust but get caught in Japan-like limbo. It's a test of Xi's model
Renminbi trade to sky-high debts, China is seeing signs of economic distress everywhere. Xi's ‘muddling through’ strategy is just a politically viable option. Key Points
ThePrint