K J M Varma

Stories by K J M Varma

1st batch of Indian railway officials begin training in China

1st batch of Indian railway officials begin training in China

Rediff.com   16 Dec 2014

The training involving 100 Indian officers will lay emphasis on onsite training covering operational and maintenance facilities, monitoring systems and traffic controls.

Drone shot down over Beijing after security scare

Drone shot down over Beijing after security scare

Rediff.com   15 Dec 2014

A suspicious low-altitude drone flying in the restricted airspace of the Chinese capital that sparked a major security alert and delayed a number of commercial flights, was shot down by the People's Liberation Army military helicopter, state-media reported one year after the incident.

China plans to bank on reforms to spur growth

China plans to bank on reforms to spur growth

Rediff.com   11 Dec 2014

Economy still faces many challenges and 'relatively big' downward pressures such as increasing difficulties for businesses and the emergence of economic risks, the Central Economic Work Conference said.

China to have world's longest metro rail network

China to have world's longest metro rail network

Rediff.com   5 Dec 2014

Four new subway lines will open to the public this month, which will extend the capital's subway to 527 kms, the longest in the country.

Xi pushes free trade vision as APEC leaders meet

Xi pushes free trade vision as APEC leaders meet

Rediff.com   11 Nov 2014

President Xi Jinping on Tuesday pushed China's free trade vision for the Asia Pacific region and asked APEC to "break open closed doors" as leaders of the grouping held talks on forging consensus over opening up commerce in the resource-rich and economically dynamic region.

US, China wrangle over FTAs casts shadow on APEC Summit

US, China wrangle over FTAs casts shadow on APEC Summit

Rediff.com   10 Nov 2014

The differences between the US and China over rival free trade agreements being floated by them threatened to derail the APEC Summit which got off to a colourful start in Beijing China on Monday.

Will this awkward handshake bring an end to Japan-China spat?

Will this awkward handshake bring an end to Japan-China spat?

Rediff.com   10 Nov 2014

In a diplomatic breakthrough, Chinese President Xi Jinping and Japanese Premier Shinzo Abe on Monday held their maiden talks, marking the "first step" towards mending ties between the two Asian rivals after years of territorial disputes and animosity due to wartime history.

Xiaomi to raise $1.5 billion in latest funding boost

Xiaomi to raise $1.5 billion in latest funding boost

Rediff.com   9 Nov 2014

Xioami, currently the world's third-largest smartphone maker, is now planning to raise about $1.5 billion in its fifth round of financing, media reports said.

China to test new fuel efficient bullet train

China to test new fuel efficient bullet train

Rediff.com   7 Nov 2014

The system has passed preliminary examination by national railway test authorities and has been installed on a new bullet train produced by CSR Qingdao Sifang Co Ltd in Shandong Province.

Indian envoy in China working for new Kailash yatra route

Indian envoy in China working for new Kailash yatra route

Rediff.com   17 Oct 2014

India's ambassador to China is on a rare visit to Tibet to make preparations for the opening of a new route through Sikkim for Indian pilgrims to travel to the holy site of Kailash-Manasarovar which was agreed during last month's visit of Chinese President Xi Jinping to India.

China's September inflation hits 4-year low

China's September inflation hits 4-year low

Rediff.com   15 Oct 2014

Growth in China's consumer inflation slowed than market expectation to 1.6 per cent in September, the lowest since January 2010, according to the official data released on Wednesday.

'Democracy Dogs' add bite to Hong Kong protests

'Democracy Dogs' add bite to Hong Kong protests

Rediff.com   4 Oct 2014

Dogs are adding an additional bite to the ongoing pro-democracy protests in Hong Kong as the demonstrators blocking the central part of the city for about a week brought their pets into the agitation fondly calling them "democracy dogs".

Alibaba gets approval to establish private bank in China

Alibaba gets approval to establish private bank in China

Rediff.com   29 Sep 2014

China's e-commerce giant Alibaba, which completed the world's largest initial public offering ever this month, has won approval from authorities in Beijing to establish a private bank as it diversify into financial services.

'Made in China' campaign launched with 'Make in India'

'Made in China' campaign launched with 'Make in India'

Rediff.com   25 Sep 2014

Seeking to retain its manufacturing prowess, Chinese government has launched a "Made in China" campaign with a host of tax concessions coinciding with Prime Minister Narendra Modi's "Make in India" pitch.

India won't join Japan's anti-China coalition: Chinese daily

India won't join Japan's anti-China coalition: Chinese daily

Rediff.com   23 Sep 2014

India will not join Japan's efforts to build a strategic counterweight against China along with the United States as it follows an independent foreign policy, the Chinese state media said on Tuesday, ahead of Prime Minister Narendra Modi's maiden visit to the US.

Alibaba founder Jack Ma becomes China's richest man

Alibaba founder Jack Ma becomes China's richest man

Rediff.com   23 Sep 2014

Wang ranked second on the list this year, with a fortune of 145 billion yuan.

Chinese firms keen to invest billions in India, but...

Chinese firms keen to invest billions in India, but...

Rediff.com   22 Sep 2014

Investors expect more investment-friendly policies opening up more sectors for foreign direct investment

China to give foreign banks easier market access

China to give foreign banks easier market access

Rediff.com   20 Sep 2014

The new regulations leave registration capital requirements for wholly foreign-owned banks unchanged

As Modi, Xi hold talks, China says border standoff 'effectively controlled'

As Modi, Xi hold talks, China says border standoff 'effectively controlled'

Rediff.com   18 Sep 2014

China on Thursday tried to play down the continuing border standoff at Chumar coinciding with the visit of President Xi Jinping to India, saying the incident has been "effectively controlled and managed".

China set to pump billions of dollars in India

China set to pump billions of dollars in India

Rediff.com   14 Sep 2014

Cash-rich China is looking to outwit rival Japan by pledging to invest billions of dollars in India's railway, manufacturing and infrastructure projects during President Xi Jinping's maiden visit to the country this week.