K J M Varma

Stories by K J M Varma

It's raining billionaires in China

It's raining billionaires in China

Rediff.com   11 Sep 2014

The number of billionaires in China has touched 300 by the end of 2013 mainly due to real estate boom, according to a new annual ranking of the wealthiest individuals in the communist nation, world's second largest economy.

Chinese firms to team-up with India for rail projects

Chinese firms to team-up with India for rail projects

Rediff.com   3 Sep 2014

China is expected to unveil its investments in India during President Xi Jinping's visit to New Delhi, scheduled for the third week of this month.

China's Islamic militant group founder admits Pak terror links

China's Islamic militant group founder admits Pak terror links

Rediff.com   27 Aug 2014

In a rare public admission of Pakistani links to militancy in China's Muslim-majority Xinjiang province, the official media in Beijing said the co-founder of the Al Qaeda linked East Turkestan Islamic Movement was indoctrinated in a madarasa in that country.

China invites India to join its ambitious Silk Road projects

China invites India to join its ambitious Silk Road projects

Rediff.com   10 Aug 2014

Giving final touches to its most ambitious plan to build a wide network of new silk roads on land and seas to enhance global connectivity, China has invited India to join President Xi Jinping's pet project that would revive the ancient trade route and benefit the region.

Woman rescued after 67 hrs in China quake, toll nearing 600

Woman rescued after 67 hrs in China quake, toll nearing 600

Rediff.com   6 Aug 2014

Chinese relief workers on Wednesday saved a 50-year-old woman from the rubble, 67 hours after a powerful 6.5-magnitude earthquake destroyed her home in China's Yunnan Province even as the death toll climbed to nearly 600 as more bodies were pulled out from the debris.

175 killed, 1,400 injured in strong quake in southwest China

175 killed, 1,400 injured in strong quake in southwest China

Rediff.com   3 Aug 2014

At least 150 people were killed and dozens injured when a powerful 6.5-magnitude earthquake struck southwest China's Yunnan province on Sunday.

69 killed, 187 injured in China factory explosion

69 killed, 187 injured in China factory explosion

Rediff.com   2 Aug 2014

Sixty-five workers were killed and over 100 others injured today when an explosion ripped through a metal factory in China's eastern Jiangsu Province, causing widespread damage to the sprawling industrial unit.

China finally admits to 2013 incursion in Ladakh

China finally admits to 2013 incursion in Ladakh

Rediff.com   31 Jul 2014

For the first time, the Chinese military on Thursday acknowledged last year's incursion at the DepsangValley in Ladakh region and said such incidents occurred due to different perception about the Line of Actual Control.

Dozens killed in a major terrorist attack in Xinjiang

Dozens killed in a major terrorist attack in Xinjiang

Rediff.com   29 Jul 2014

Dozens of civilians were killed or wounded in a major terror attack by knife-wielding extremists in China's restive Xinjiang province, the police said on Tuesday. A gang armed with knives attacked a police station and government offices in Elixku Township in Shache County, Kashgar Prefecture. Some of the attackers then moved on to the nearby Huangdi Township, attacking civilians and smashing vehicles as they passed.

1% Chinese own 1/3rd of national wealth

1% Chinese own 1/3rd of national wealth

Rediff.com   26 Jul 2014

Chinese households on average had a net worth of 439,000 yuan (about $71,000) in 2012, up 17 per cent from the 2010 level, said the study by Peking University on China's livelihood development.

Ansari holds talks with Xi; India, China sign 3 MoUs

Ansari holds talks with Xi; India, China sign 3 MoUs

Rediff.com   30 Jun 2014

Vice President Hamid Ansari on Monday held talks with Chinese President Xi Jinping and conveyed the new Indian government's interest in furthering bilateral ties, even as he flagged off India's concerns over border related issues during his parleys with the top leadership in Beijing.

India, China sign pact to set up industrial parks

India, China sign pact to set up industrial parks

Rediff.com   30 Jun 2014

According to Chinese officials, its current investments in India stands at $1.1 billion, mostly in Gujarat.

India and China have to narrow down differences: VP Ansari

India and China have to narrow down differences: VP Ansari

Rediff.com   28 Jun 2014

India and China have to narrow down differences and build on convergences by exploiting the potential of Panchsheel, the five principles of peaceful co-existence propounded by the two countries along with Myanmar in 1954, Vice President Hamid Ansari said on Saturday.

Sino-India ties to enter 'new age' under Modi: think-tank

Sino-India ties to enter 'new age' under Modi: think-tank

Rediff.com   20 Jun 2014

India and China ties are likely to enter into a "new age of cooperation" especially in trade in view of Prime Minister Narendra Modi's knowledge of Chinese investment promotion and his plans for economic reforms, according to an official think-tank in Beijing.

Not perturbed by growing India, Bhutan ties: China

Not perturbed by growing India, Bhutan ties: China

Rediff.com   16 Jun 2014

Playing down its unsuccessful bid to establish diplomatic ties with Bhutan, China on Monday said it is glad to see New Delhi and Thimphu develop their relations further during the just-concluded visit of Prime Minister Narendra Modi.

Chinese foreign minister to meet PM Modi on Sunday

Chinese foreign minister to meet PM Modi on Sunday

Rediff.com   7 Jun 2014

Chinese Foreign Minister Wang Yi will be visiting New Delhi on Sunday as a special envoy of President Xi Jinping to establish political contacts with the new Indian government amid hopes here of an upswing in bilateral ties due to Prime Minister Narendra Modi's familiarity with China.

China's economy to slow down to 7.6% this year: World Bank

China's economy to slow down to 7.6% this year: World Bank

Rediff.com   6 Jun 2014

China's new leadership headed by Xi ruled out massive stimulus similar to the one in 2008 which amounted to $645 billion to tide over the global economic crisis.

China mobilises one lakh citizen army to get info on terror

China mobilises one lakh citizen army to get info on terror

Rediff.com   30 May 2014

Chinese police have mobilised one lakh-strong citizen army in Beijing with monetary rewards to gather intelligence against potential terror attacks as part of national anti-terrorism campaign, according to media reports.

Six wounded in another China train station knife attack

Six wounded in another China train station knife attack

Rediff.com   6 May 2014

Four knife-wielding persons on Tuesday went on the rampage at a busy railway station in China's Guangzhou city injuring six people, including two women and a foreigner, in the third such attack in over two months with authorities blaming the first two on militants from Xinjiang.

Ratan Tata appointed board member of Boao Forum

Ratan Tata appointed board member of Boao Forum

Rediff.com   10 Apr 2014

The 15-member Board of BFA included former Japanese prime minister Yasuo Fukuda, former Malaysian prime minister Abdullah Ahmad Badwai, former Singapore prime minister Goh Chok Tong and former prime minister of France Jean-Pierre Raffarin besides former US Treasury Secretary Henry Paulson.