China has launched a host of reforms to halt the slow down of the economy, which is hovering around seven per cent with forecasts that it would dip down further.
Two members of the Haas Formula One team and one from McLaren were quarantined in Melbourne on Wednesday as a precaution amid coronavirus fears ahead of Sunday's season-opening Australian Grand Prix. McLaren said one team member had self-isolated in the team hotel as a precaution for showing 'coronavirus-like symptoms'.
Apart from such advisory, IT biggies such as TCS, Infosys and HCL Tech among others have been pursuing 'remote working' model to overcome the situation.
Major international luxury goods manufacturers are riding high in China with the luxury goods market booming, despite a slowdown in economic growth.
China, set to pass India this year as the world's top gold consumer, has imported nearly a fifth more bullion than data from its traditional conduit Hong Kong shows as it brings in the metal via other routes.
The Chinese mainland on Thursday reported 3,472 locally transmitted confirmed COVID-19 cases, besides 20,782 asymptomatic cases, according to the National Health Commission.
China's National Health Commission in its daily report on Monday said that 2,829 new cases of coronavirus were reported nationwide on February 2, taking the total number of infection to 17,205.
Chinese Foreign Ministry spokesperson Hua Chunying, known for fiery retorts against the US, welcomed Biden's first moves to join the Paris Climate Accord and the World Health Organisation (WHO) which was trashed by Trump as a puppet of China over its conduct to deal with the COVID-19.
China on Monday reported the first fatalities in Shanghai due to the ongoing COVID-19 surge in the city where the Omicron variant continues to paralyse the country's business hub of 26 million people.
A total of 138 Indians, including 132 crew and 6 passengers, were among the 3,711 people on board the quarantined ship that arrived at the Japanese coast earlier this month. Three Indians were among the 218 people infected with COVID-19 on the ship.
Coming ahead of the transition of power from Donald Trump's administration to President-elect Joe Biden's administration after the November 3 US presidential election, the detailed policy document highlights that China is undermining the security, autonomy and economic interests of many nations in the region.
'Whichever option India chooses, it should be clear to the government that the China-Pakistan nexus poses a clear and present danger to national security,' says Brigadier Gurmeet Kanwal (retd).
The Wuhan lockdown was lifted even as epidemiologists warned that it is not the time to completely lower the guard and ease on full-scale restrictions, considering the looming asymptomatic patients and possible rebound in infections, the official media reported.
Shanghai's single-day infection numbers also beat China's previous all-time high of 13,436 cases recorded in Wuhan on February 12, 2020, where the coronavirus outbreak first emerged.
Beijing's health officials on Monday announced 29 fresh cases taking the total cases to 70 in the city.
China is close to have one million millionaires with rapid expansion of the new rich, cashing on the booming private business in the Communist country.
As the virus continued to spread at an alarming rate, Chinese President Xi Jinping on Monday warned officials of punishment if they shirked responsibility in tackling the virus outbreak.
The virus, which has infected more than 14,562 people, continues to spread beyond China.
Taiwan considers itself a sovereign state -- but China views the self-ruled island as a breakaway province. Beijing has not ruled out the possible use of force to achieve unification.
As expected, the Internet search engine giant, Google on Tuesday announced its decision to stop censoring search results on its sites in China charging that Beijing is limiting free speech on the Internet.
Torrential rains continued to wreck havoc in China with landslides and floods in northwestern province of Shaanxi killing 111 people and disrupting the train traffic between Tibet and the mainland.
Eighty-nine deaths were reported on Saturday -- the highest single-day death toll -- and there were 2,656 new confirmed cases of the deadly infection, China's National Health Commission said in its daily report on Sunday.
According to research firm Counterpoint, Apple was one of the fastest-growing brands in India during the December quarter. This was driven by multiple price cuts on its XR device, thanks to local manufacturing in India, it had said. It added that the rollout of new iPhones (11 series), aggressive pricing and a good channel strategy was helping Apple gain market share in India.
In 2020-2021, the amount of foreign direct investment into India from China and Hong Kong plummeted to just $200 million -- its lowest in the recent past. In the first half of 2021-2022, FDI investments through these two nations stood at just $36 million.
Ambani is in good company. The likes of ultra-rich individuals like hedge fund billionaire Ray Dalio and co-founder of Google Sergey Brin have chosen Singapore to establish their family offices. So have British inventor James Dyson, famous for his bladeless fans and hair dryers and vacuum cleaners, and Zhang Yong, founder of China's Haidilao hotpot restaurant chain, reports Lee Kah Whye.
The aircraft carrier is China first domestically-built ship. Shandong is bigger than China's first aircraft carrier Liaoning and could house 36 fighter jets.
The era when anyone could encroach on India's land has passed and no one can dare to eye its border, Home Minister Amit Shah said in Kibithoo, Arunachal Pradesh, on Monday.
The agency said, 'The downgrade reflects Moody's expectation that China's financial strength will erode somewhat over the coming years, with economy-wide debt continuing to rise as potential growth slows.'
Chinese people annually spend $98.6 billion at restaurants, or 900 times the cost of China's recent second manned space mission, it was revealed at a national chef's festival held in central China's Wuhan city.
China has lodged a protest with India for hosting a Taiwanese parliamentary delegation and asked it to deal "prudently" with Taiwan-related matters but New Delhi on Wednesday dismissed the issue saying no "political meanings" should be read into such trips.
'India's military posture has become significantly stronger than China's on the 3,500-kilometre Line of Actual Control.' 'This is enhancing confrontation between the two sides,' points out Ajai Shukla.
At the event, about 100 people were told they could become US residents under a 'EB-5' visa programme if they put $500,000 (Rs 3.21 crore) into the project.
The India-Japan joint naval exercises are a strategic signal for China, observes Dr Rajaram Panda.
The firms confessed that they held 53 meetings between 2001 and 2006 to fix the prices of flat panels.
Brinkmanship in the Taiwan Strait will not only be a recipe for disaster to both China and Taiwan, but also to international peace and stability, warns Rup Narayan Das.
China on Mo9nday asked arch-rival Taiwan to take "flexible measures" to launch the first direct chartered flights since 1949 during the Lunar New Year holiday season in February.
Reflecting China's emergence as a global economic power by virtue of being the world's fastest growing economy, the unfinished Shanghai World Financial Centre has become the tallest building on the Chinese mainland.
The list covers companies with annual revenue of $5 mn to $1 bn.
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