China's economy picked up pace notching up 7.4 per cent year on year growth in the first half of 2014, the National Bureau of Statistics (NBS) said on Wednesday.
For the January-May period this year, the foreign direct investment, which excludes investment in the financial sector, came in at $48.9 billion up 2.8 per cent from the same period last year, the Ministry of Commerce said on Tuesday.
Instead the Chinese IT firms focussed more on the local markets where they are well entrenched.
Brushing aside opposition from the Dravida Munetra Kazhagam and other parties in Tamil Nadu, Prime Minister Manmohan Singh on Tuesday met Sri Lankan President Mahinda Rajapaksa but did not give him any assurance on which way India will vote on a the United Nations Human Rights Council resolution for an independent international probe into rights abuses during the war with the Liberation Tigers of Tamil Eelam.
Leaders from the seven-nation Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation on Tuesday vowed to jointly combat the growing threat of terrorism, transnational crimes and drug trafficking and agreed to intensify efforts to enhance connectivity and cooperation in areas like trade, energy and environment.
Prime Minister Manmohan Singh's wish to visit his birth place in Pakistan's Punjab province, where he was born over 81 years ago, may not materialise before the end of his tenure.
Representatives of Apple appeared in a Shanghai court on Tuesday to respond to the case filed by Shanghai Zhizhen Network Technology Co, the developer of a voice technology called Xiao i Robot.
Rejecting reports about a rift between him and Congress President Sonia Gandhi, Prime Minister Manmohan Singh on Friday asserted that there was no truth in it as the two worked together almost on all issues.
Prime Minister Manmohan Singh arrived in Tokyo on Monday on a three-day visit to Japan to invigorate bilateral strategic ties and push for a civil nuclear energy cooperation deal.
In 2012, ZTE India posted a small rate of growth, realising revenues of $700 million, around half the $1.5 billion it received in 2009, a write up in the state run China Daily titled 'ZTE banks Indian telecom market' said.
Foreign investment declined by 6.8 per cent year-on-year to $8.43 billion in September, ministry spokesman Shen Danyang told the media in Beijing.
India expects to see the bank established as soon as possible.
The frontline warships include Rana, a Rajput class guided missile destroyer, Shivalik, a stealth frigate, Karmuk, a Kora class Corvettes and INS Shakti, a fleet tanker, comprising about 1400 sailors, and would berth at Shanghai's picturesque "Bund" to make a big splash
The Chinese central bank on Monday warned the country could face huge uncertainties in the wake of slow world recovery process and the unstable economic and financial situation in Europe.
Concerned over disturbing trends in global economy, India and African nations on Wednesday called for increasing economic cooperation to combat the menace of rising food and energy prices.
India has been maintaining that the world bodies like the UN, IMF and the World Bank do not reflect the contemporary realities of the world and urgently needed reforms.
The new line of credit follows the $5.4 billion concessional credit announced in 2008 at the time of the first such summit held in New Delhi.
Presently, the country has 175 airports.
EU remained China's largest trade partner.
China remained a developing country facing many challenges, including alleviating poverty in rural areas, despite emerging as a second largest economy of the world, World Bank President Robert B Zoellick has said.
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