News for 'People's Bank of China'

Has COVID-19 soured India-China relations further?

Has COVID-19 soured India-China relations further?

Rediff.com23 Apr 2020

'The virus of trust deficit seems to be taking a toll of the friendship built over the years by succeeding leaderships of the two countries,' notes Rup Narayan Das.

'China can lift a village overnight'

'China can lift a village overnight'

Rediff.com19 Nov 2021

'India and China are already in a warlike situation.'

China launches international payment system to globalise yuan

China launches international payment system to globalise yuan

Rediff.com8 Oct 2015

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.

China's population at 1.41bn, may begin to decline by 2022

China's population at 1.41bn, may begin to decline by 2022

Rediff.com11 May 2021

China's birth rate has been in decline since 2017, despite easing of the 'one-child policy' in order to avert an incoming demographic crisis.

Jack Ma goes on first foreign tour since China crackdown

Jack Ma goes on first foreign tour since China crackdown

Rediff.com20 Oct 2021

Jack Ma, China's billionaire and founder of e-commerce giant Alibaba, has travelled to Europe for an agriculture study tour, his first trip abroad since he ran into trouble with the Chinese government last year over violating anti-monopoly regulations.

China confirms Wednesday's border talks, says border 'stable'

China confirms Wednesday's border talks, says border 'stable'

Rediff.com11 Jan 2022

China said on Tuesday that the current situation on the border areas with India was "stable" as it confirmed that the 14th round of Corps Commander-level talks to discuss the disengagement process in the remaining friction points in eastern Ladakh will be held on Wednesday.

Pentagon reveals China's border tactics with India

Pentagon reveals China's border tactics with India

Rediff.com4 Nov 2021

China has been taking "incremental and tactical actions" to press its claims at the Line of Actual Control (LAC) with India and has unsuccessfully sought to prevent New Delhi from deepening its relationship with the US during and subsequent to the standoff, the Pentagon has said in a major report on China's military modernisation.

India, China agree to disengage from Gogra

India, China agree to disengage from Gogra

Rediff.com3 Aug 2021

The actions on the ground would be confirmed and are expected to be followed up soon.

Won't allow any unilateral attempt by China to alter LAC: Jaishankar

Won't allow any unilateral attempt by China to alter LAC: Jaishankar

Rediff.com19 Jun 2022

Jaishankar said China, in violation of the 1993 and 1996 agreements not to mass troops on the Line of Actual Control, chose to do so, and added that its attempt was obviously to unilaterally change the LAC.

India returns captured PLA soldier to China

India returns captured PLA soldier to China

Rediff.com11 Jan 2021

The sources said the soldier was handed back to China at the Chushul-Moldo border point in eastern Ladakh at 10.10 am.

TN govt powers Foxconn residence for 18K women

TN govt powers Foxconn residence for 18K women

Rediff.com16 Aug 2024

The Tamil Nadu government is set to unveil a housing initiative for 18,720 women employed by Taiwanese tech giant Foxconn, a key supplier to iPhone-maker Apple, this Saturday. The project, located at Vallam Vadagal near Chennai, marks the first time an Indian state government has constructed a hostel of this scale for a private firm - a model that's been successful in China and Vietnam.

US, allies cut off Russian banks from SWIFT

US, allies cut off Russian banks from SWIFT

Rediff.com27 Feb 2022

The Society for Worldwide Interbank Financial Telecommunication (SWIFT) is the world's main banking messaging service which links around 11,000 banks and institutions in more than 200 countries, including India.

RMB devalues by 2% as China seeks to bolster sagging economy

RMB devalues by 2% as China seeks to bolster sagging economy

Rediff.com11 Aug 2015

The onshore yuan trading band is tightly controlled.

'China Wants To keep India On The Hook'

'China Wants To keep India On The Hook'

Rediff.com12 Sep 2022

'This was Indian land the PLA advanced on and occupied.' 'The Chinese then 'negotiated' a pullback of their troops a small distance on Indian territory even as Indian jawans draw back further into India from the forward position.' 'An apparently satisfied Indian government says this is a great move for peace! How great is that for China!'

China hikes defence budget to $230bn, three times that of India's

China hikes defence budget to $230bn, three times that of India's

Rediff.com5 Mar 2022

China hiked its annual defence budget by 7.1 per cent.

China, US hold military-level talks over Afghanistan

China, US hold military-level talks over Afghanistan

Rediff.com28 Aug 2021

Deputy director for the People's Liberation Army Office for International Military Cooperation Major General Huang Xueping held a video conference with his US counterpart Michael Chase last week.

Of global stakes and China's dogged persistence

Of global stakes and China's dogged persistence

Rediff.com5 May 2009

The prime interest rate levels have hit 'record lows' and fiscal deficits 'have soared', is the sobering analysis of Zhou Xiaochuan, Governor of the People's Bank of China, on the global economy.

Indo-US military drills near LAC in October make China see red

Indo-US military drills near LAC in October make China see red

Rediff.com25 Aug 2022

Tan said that China has always stressed that military cooperation of relevant countries, especially on exercises and training activities, should not be targeted at any third party, but rather serve to help maintain regional peace and stability.

Japanese tech investor SoftBank's investment in India may fall to a third

Japanese tech investor SoftBank's investment in India may fall to a third

Rediff.com10 Jun 2022

Japanese tech investor SoftBank may end up investing around $1 billion in India in 2022, nearly a third of what it did last year, according to people closely tracking its plans. Last year, SoftBank undertook investments of $3.2 billion in 12 deals. In the first five months of CY22, the giant investor has invested $400-500 million in five deals.

Indian, China brigade commander-level talks inconclusive

Indian, China brigade commander-level talks inconclusive

Rediff.com6 Sep 2020

The sources said the Indian Army has been on a very high level of alert and is ready to deal with any eventuality in the area.

Hong Kong busts $1.8-bn money laundering syndicate with India links, 7 held

Hong Kong busts $1.8-bn money laundering syndicate with India links, 7 held

Rediff.com16 Feb 2024

The syndicate used "stooge" bank accounts and shell companies to transfer the largest amount linked to a single case recorded in the city, the Customs and Excise Department of Hong Kong said.

China accuses India of 'illegally trespassing' LAC

China accuses India of 'illegally trespassing' LAC

Rediff.com1 Sep 2020

'India's move has grossly violated China's territorial sovereignty, seriously violated relevant agreements, protocols and important consensus reached between the two countries'

China's forex reserves surge to a new high in 2013

China's forex reserves surge to a new high in 2013

Rediff.com15 Jan 2014

China's forex reserves witnessed an increase of $509.7, a 12.8 per cent rise from 2012, People's Bank of China said.

India, Canada expel diplomats amid deepening rift

India, Canada expel diplomats amid deepening rift

Rediff.com15 Oct 2024

India on Monday expelled six Canadian diplomats and announced withdrawing its high commissioner and other 'targeted' officials from Canada after strongly dismissing Ottawa's allegations linking the envoy to a probe into the killing of Sikh extremist Hardeep Singh Nijjar, in a major downturn in already frosty ties between the two nations.

Disengagement from Ladakh going on smoothly: China

Disengagement from Ladakh going on smoothly: China

Rediff.com18 Feb 2021

We hope that the two sides will work in concerted efforts to achieve the goal, Chinese Foreign Ministry spokesperson Hua Chunying said

China installs new shelters for troops near LAC in Ladakh

China installs new shelters for troops near LAC in Ladakh

Rediff.com27 Sep 2021

The shelters were installed in locations near Tashigong, Manza, Hot Springs and Churup among others, in reflection of simmering tensions between the two sides in the region.

Rajan a 'great' central bank governor: World Bank Prez

Rajan a 'great' central bank governor: World Bank Prez

Rediff.com30 Jun 2016

Indian economy grew at 7.9 per cent in fourth quarter of 2015-16.

India, China to discuss disengagement from 3 points on Saturday

India, China to discuss disengagement from 3 points on Saturday

Rediff.com19 Feb 2021

The disengagement of troops of the Indian Army and China's People's Liberation Army from the Line of Actual Control was reached after sustained negotiations at the military and diplomatic level, said the ministry of external affairs last week.

China Plus One: Low labour costs and growing workforce give India the edge

China Plus One: Low labour costs and growing workforce give India the edge

Rediff.com5 Dec 2022

A combination of one of the lowest labour costs and a large surplus workforce, which will continue to grow until 2031, is one of the key competitive edges that India is leveraging to challenge its rivals in Southeast Asia in the race for a China-Plus-One strategy. Apart from India, the countries in the race to woo global companies that manufacture in China, as well as the supply chains to their country include Thailand, Indonesia, Malaysia, the Philippines, and Vietnam. On the labour front, India is a clear winner.

5 Chinese nationals killed in suicide attack in Pak

5 Chinese nationals killed in suicide attack in Pak

Rediff.com26 Mar 2024

At least five Chinese nationals were among the six persons killed on Tuesday when an explosive-packed vehicle rammed into their bus in Pakistan's troubled northwestern province of Khyber-Pakhtunkhwa, officials said.

No major headway in India, China talks post Tawang clash

No major headway in India, China talks post Tawang clash

Rediff.com23 Dec 2022

A joint statement released on Thursday said both sides exchanged views in an 'open and constructive' manner to resolve the 'relevant issues' and that it was agreed to maintain 'security and stability' on the ground in the region.

US worried over China bullying India, other neighbours: White House

US worried over China bullying India, other neighbours: White House

Rediff.com11 Jan 2022

The remarks of White House Press Secretary Jen Psaki came ahead of the 14th round of military-level talks between India and China on the 20-month row in eastern Ladakh.

PM visits Arunachal amid China's protest, says people greet each other with 'Jai Hind'

PM visits Arunachal amid China's protest, says people greet each other with 'Jai Hind'

Rediff.com15 Feb 2018

Modi's second visit to Arunachal Pradesh was vehemently opposed by China which urged India to refrain from taking any action that may "complicate" the boundary question.

China got first 'jhatka' during Galwan: Ex-Army chief Gen Naravane

China got first 'jhatka' during Galwan: Ex-Army chief Gen Naravane

Rediff.com15 Dec 2022

Gen Naravane said that the Indian Army did not hide casualties during Galwan clash in eastern Ladakh as the Chinse have done.

'China is ahead of India because our political leadership was behind'

'China is ahead of India because our political leadership was behind'

Rediff.com12 Oct 2022

'You have to be a total anti-national bozo to shut down the Nokia plant in Sriperumbudur, which was the first large manufacturing plant for mobile phones in India.' 'Why was the unit shut down? Because of somebody's ego.'

WTA threatens to pull out of tournaments in China over Peng

WTA threatens to pull out of tournaments in China over Peng

Rediff.com19 Nov 2021

An outcry over the whereabouts of Chinese tennis star Peng Shuai escalated on Friday as the Women's Tennis Association (WTA) said it was prepared to pull its tournaments out of China if they were not satisfied with the response to her sexual assault allegation.

China extends highway near Daulat Beg Oldie airfield in Ladakh

China extends highway near Daulat Beg Oldie airfield in Ladakh

Rediff.com16 Sep 2021

Satellite images dated August 17, 2021, have revealed upgraded infrastructure near the Depsang plains along with the Western sector of the LAC between India and China.

India, China may hold another round of talks this week

India, China may hold another round of talks this week

Rediff.com23 Jun 2021

India and China are likely to hold another round of diplomatic talks this week on eastern Ladakh with a focus on moving forward in disengagement of troops in the remaining friction points, people familiar with the development said on Tuesday.

Ram Teri Ganga Maili

Ram Teri Ganga Maili

Rediff.com12 Jun 2024

Six decades and more later, we are now captives of our identities. Every poll is based on elaborate calculations of electability of candidates on the basis of their castes and other narrow definers. That, along with voter promiscuity, is what defines our political culture, which remains stubbornly resistant to any change, asserts Shreekant Sambrani.

India, China discuss disengagement at 3 other points

India, China discuss disengagement at 3 other points

Rediff.com20 Feb 2021

India and China on Saturday held another round of military talks with a focus on taking forward the disengagement process in Hot Springs, Gogra and Depsang in eastern Ladakh and bring down the tensions in the region, official sources said.