KJM Verma

All stories by KJM Verma

Down 6.8%, China posts worst economic growth since Cultural Revolution

Down 6.8%, China posts worst economic growth since Cultural Revolution

Rediff.com17 Apr 2020

China's GDP took the worst hit since the disastrous Cultural Revolution in 1976, plummeting by 6.8 per cent in the first quarter of 2020 as the country took unprecedented measures to fight the coronavirus pandemic that brought the world's second largest economy to a standstill. China's gross domestic product stood at 20.65 trillion yuan (USD 2.91 trillion, approx) in the first quarter of 2020 amid the Covid-19 impact, down 6.8 per cent year on year, China's National Bureau of Statistics (NBS) said on Friday.

Amid boycott call, Xiaomi sells 1 million phones in 18 days

Amid boycott call, Xiaomi sells 1 million phones in 18 days

Rediff.com20 Oct 2016

Lei Jun, founder and CEO of Xiaomi, in an internal letter on Wednesday, announced that the company has sold one million smartphones in the first 18 days of this month in India, state-run China Daily reported.

'Cancellation of dissident's visa will help Indo-China ties'

'Cancellation of dissident's visa will help Indo-China ties'

Rediff.com26 Apr 2016

"India has made a cogitative decision, and shows the common views of China and India in fighting terrorism and separatism, and the determination of further cooperation," Fu Xiaoqiang, an expert on South Asian studies at the China Institutes of Contemporary International Relations, told the Global Times.