This prompted some reshoring -- the process of returning jobs and manufacturing to the company's home country -- of manufacturing activity, Shen said while insisting this will not become a general trend, state-run China Daily reported.
A weak economy coupled with rising Covid-19 cases and inflation that is above RBI's comfort zone, geopolitical developments, and upcoming India Inc's second quarter results for FY21 could impact sentiment, analysts say.
The PLA Air Force has conducted a combat air patrol in the South China Sea recently, which will become "a regular practice" in the future
Shanghai-based writer Wang Shen, who uses the pseudonym Mian Mian, alleged her copyright on the book, Acid Lover (Yansuan Qingren), was infringed and required a public apology from Google, as well as 61,000 yuan ($8,900) in compensation.
China on Thursday sent several fighter jets and an early warning aircraft to its newly declared air defence zone in the East China Sea as a "defensive measure" after Japan and South Korea said their military planes flew through the area in defiance of Beijing's unilateral move.
Speed skating - Swings wins mass start, brings first Belgian Winter gold in 74 years.
A draw would have sufficed but Grandmaster Koneru Humpy showed no mercy and recorded her second successive win against Shen Yang of China to storm into the semifinals of the World Women's Chess Championship in Nalchik (Russia).
The Indian pair of Rupesh Kumar and Sanave Thomas beat Malaysia's Teik Chai Gan and Bin Shen Tan to cruise into the men's doubles final in the New Zealand Open Grand Prix badminton tournament in Auckland on Friday.
India's men's and women's doubles pairs reached the semi-finals of the New Zealand Open Grand Prix badminton tournament in Auckland on Thursday in contrasting fashion.
Leading IT analyst Gartner on Monday said organisations operating in "constrained environments" in emerging nations such as India and China are innovating at a faster rate than ever before.
Top seed Koneru Humpy could not get the better of Shen Yang's defence and settled for her second draw on the trot to slip to the joint third place after four rounds in the IS Bank Ataturk Women Grand Prix chess tournament now in progress in Istanbul.
Grandmaster Koneru Humpy on Sunday outclassed Shen Yang of China with some brilliant manouvres in the first game of the quarterfinals and now needs just a draw in the second game to advance to the semifinals of the world women's chess championship, underway in Nalchik (Russia).
Speaking at the launch of the GNET's first model, G9000, in Kolkata, Louis Lu, managing director, GNET India, said, "We plan to start with high-end models and a small quantity in terms of sales, but by the end of the year we plan to sell roughly 100,000 pieces per month with a host of low-end models in the bracket of Rs 2,000 and below, targetted at the rural and urban masses."
Newly flush customers in China are buying high-end cars with all the extras. That's good news for foreign automakers facing tighter margins.
Grandmaster D Harika missed out on some chances to settle for a draw with Georgia's Sopiko Guramishvili, while Padmini Rout survived a scare before enforcing a draw with China's Tan Zhongyi in the first game of the third round of World Women's Chess Championship in Tehran.
At a time when Donald Trump is making belligerent noises, Chinese President Xi Jinping responds by overhauling the People's Liberation Army and restructuring the command of the PLA Navy to emphasise Beijing's resolve to dominate the South China Sea.
India continued their impressive run in the Badminton Asia Team Championships, scoring a hard-earned 3-2 victory over former champions Malaysia, in Hyderabad, on Friday.
Indrani Mukerjea, the prime accused in the Sheena Bora murder case, had allegedly told a friend that Sheena's relationship with Rahul, her husband's son from earlier marriage, was "not permissible at any cost".
Perry said she had been in touch with the local organising team on a daily basis as they prepare to start the tournament on October 19, pending government approval and confirmation that players will be able to travel.
The Indian men's team secured a place in the semi-finals of the ongoing Badminton Asia Team Championships after a hard-fought 3-2 win against Malaysia in the quarter-finals at the Gachibowli indoor stadium in Hyderabad on Sunday.
Google boss's absence at US-China internet forum meet raises eyebrows.
There is talk about 'cultural connect' and the 'warmth of storytelling' in Indian films vis-a-vis the spectacle and scale that Hollywood specialises in.
Olympic bronze-medallist M C Mary Kom led the charge as Indian women boxers packed a powerful punch by assuring themselves of medals in each of the three weight categories at the 17th Asian Games, in Incheon on Sunday.
Money transfers and merchandise purchases are expected to account for about 71 per cent and 21 per cent respectively, of total transaction value in 2013.
India's schedule on the ninth day of the competitions at the Asian Games in Incheon on Sunday.
Over 500 soldiers, 1,000 people and 62 speedboats have been sent for rescue work while more than 10,000 people have been sent to ensure the safety of river banks.
As part of a cost-cutting plan, the bank is now dismantling its stock broking, equity research, and equity listing desks worldwide.
To rise quickly in the PLA's hierarchy, you need to be close to Xi Jinping. Retired RA&W officer Jayadeva Ranade on the changes in China's military leadership.
No longer an in-house task; hiring legal eagles is now becoming norm for M&As, fundraising
The massive earthquake in Sichuan struck at 9:19 pm (local time) on Tuesday and the epicentre was monitored at a depth of 20 km, state-run Xinhua new agency reported.
You must visit these wonderful places across the globe to experience their rich and vibrant culture.
China's malfunctioning stock markets remained semi-frozen.
A guide to where you can't use the selfie stick.
At least 35 people, including 25women, were killed and 48 others injured in a stampede during New Year revelry at Shanghai's iconic waterfront area, one of the worst tragedies to hit China in recent years.
From DIY submarines to diets of 20,000 calories is part of this week's collection of weird, true and funny news.
While long term solution depends on each one of us altering our consumption patterns, the future depends on next generation technologists and entrepreneurs creating business models that naturally reduce the green house gas emissions.