Scandal-plagued China football hit by new corruption probes

Scandal-plagued China football hit by new corruption probes

Chinese fans cheer during the quarterfinal match between Norway and China for the FIFA Women’s World Cup soccer tournament held at the Wuhan Sports Center Stadium in Wuhan. File | Photo Credit: AP China’s scandal-plagued football association has been rocked by new corruption probes into its chiefs of discipline and competition. The Sports Ministry on […]

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Beijing may allow foreign financial firms to list in China: Ex-Finance Minister

Beijing may allow foreign financial firms to list in China: Ex-Finance Minister

A man wearing a protective mask is seen inside the Shanghai Stock Exchange building. | Photo Credit: Reuters China will encourage foreign capital to participate in its financial markets and may allow foreign-funded financial institutions to go public in the country when “conditions are ripe”, local media quoted a former Finance Minister as saying on […]

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With Saudi deals, U.S., China battle for influence in Mideast

With Saudi deals, U.S., China battle for influence in Mideast

In a matter of days, Saudi Arabia carried out blockbuster agreements with the world’s two leading powers — China and the United States. Riyadh signed a Chinese-facilitated deal aimed at restoring diplomatic ties with its arch-nemesis Iran and then announced a massive contract to buy commercial planes from U.S. manufacturer Boeing. The two announcements spurred […]

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India adds 23 new unicorns in 2022, overtakes China for the second consecutive year: report

India adds 23 new unicorns in 2022, overtakes China for the second consecutive year: report

India topped China by creating 23 unicorns in 2022, taking the total number of such high-value companies to 96, as against China’s 11 in the year, said a report by IVCA-Bain & Co. Image for representational purpose only. | Photo Credit: The Hindu India overtook China by adding 23 unicorns in 2022 while the neighbouring […]

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Taiwan suspects Chinese ships cut islands’ internet cables

Taiwan suspects Chinese ships cut islands’ internet cables

In the past month, bed and breakfast owner Chen Yu-lin had to tell his guests he couldn’t provide them with the internet. Others living on Matsu, one of Taiwan’s outlying islands closer to neighbouring China, had to struggle with paying electricity bills, making a doctor’s appointment or receiving a package. For connecting to the outside […]

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Chinese Foreign Minister Qin Gang slams U.S.’ Indo-Pacific strategy as ‘Asian NATO’, says bound to fail

Chinese Foreign Minister Qin Gang slams U.S.’ Indo-Pacific strategy as ‘Asian NATO’, says bound to fail

Chinese Foreign Minister Qin Gang attends the “Lanting Forum” to deliver a keynote in Beijing, China. | Photo Credit: Reuters Chinese Foreign Minister Qin Gang on March 7, 2023 attacked the U.S.’ Indo-Pacific strategy, saying that it aims to “encircle” China with a regional version of NATO by forming “exclusive blocs” and is bound to […]

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Adani investment has come in, we are not panicking about projects: Sri Lankan Foreign Minister Ali Sabry

Adani investment has come in, we are not panicking about projects: Sri Lankan Foreign Minister Ali Sabry

Sri Lanka’s economic recovery, trade, investment and the development partnership were at the top of the agenda as Sri Lankan Foreign Minister Ali Sabry met with External Affairs Minister S. Jaishankar in Delhi on March 4. Speaking to The Hindu earlier, the Sri Lankan Foreign Minister said that his government’s focus is on the IMF […]

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Foxconn plans new India iPhone plant in shift away from China

Foxconn plans new India iPhone plant in shift away from China

Foxconn to ramp up iPhone production in India. | Photo Credit: Reuters Apple will manufacture iPhones at a new plant in India, officials said Friday, as the U.S. tech giant seeks to ramp up its India production and diversify away from China. The flagship mobile’s global supply chain is based mainly in China, where strict […]

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Lukashenko in China says Belarus ‘fully’ supports Beijing’s Ukraine plan

Lukashenko in China says Belarus ‘fully’ supports Beijing’s Ukraine plan

In this photo released by Xinhua News Agency, Chinese Premier Li Keqiang meets with visiting Belarus President Alexander Lukashenko at the Great Hall of the People in Beijing on Wednesday, March 1, 2023. | Photo Credit: AP Belarus strongman and close Kremlin ally Alexander Lukashenko said during a visit to China on Wednesday that his […]

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