China's economy grew by 8.1 per cent in 2021 to about $18 trillion despite challenges, including epidemic resurgences and a complicated external environment, the government said on Monday. According to the official figures released by the National Bureau of Statistics (NBS), China's economy grew by four per cent in the fourth quarter of last year, slowing from the 4.9 per cent growth in the third quarter, rounding off the full year's growth rate to 8.1 per cent in 2021. The GDP increase is also above the six per cent target set by the government for the year.
Though Beijing asserts the Dalai Lama's successor needs its approval, observers say it remains concerned as the present Panchen Lama, the number two spiritual leader who was appointed by it after unseating the boy nominated by the Dalai Lama, has not gained much traction in Tibet.
The Yuan Wang 5 can easily monitor the Indian coast while operating in international waters. She does not have to enter a port in Sri Lanka to fulfill this mission, points out Commodore Venugopal Menon (retd).
Take a look at how a Great India Tiger dealt with Mumbai's heat at the Rani Jijamata zoo in Mumbai on Sunday.
A new era of Indian equity market outperformance compared to China "appears to be dawning", according to Morgan Stanley. The firm has upgraded India to overweight in its Asia Pacific-excluding Japan (APxJ) list, making it their most preferred market not only in the region but also in the global emerging market (GEM) pack. India now holds the top position in this category, with an overweight of 75 basis points, a significant increase from nil previously.
Crowd roar as Xi opens Hangzhou Asian Games
A high-tech Chinese research ship docked at the strategically important Hambantota port departed from Sri Lankan waters on Monday after a controversial six-day visit.
This could become tricky territory for India, given its basically adversarial relationship with China, its moves to block imports and investment from that country, and to deny market access for Chinese technologies, observes T N Ninan.
Chinese ambassador to Sri Lanka, Qi Zhenhong said that China was happy that the matter was dealt with and Beijing and Colombo jointly safeguard each other's sovereignty, independence and territorial integrity.
China's population in 2022 -- 1.4118 billion -- fell by 850,000 from 2021, the National Bureau of Statistics (NBS) said.
India's tally to two medals with one silver and one bronze.
With an 11% return in 2022, gold was the best-performing asset class, beating equities, debt, real estate etc, by a considerable margin. Rishi Piparaiya explains why gold needs to be a part of our investment portfolio.
Led by Olympic champion Neeraj Chopra, India will seek to showcase its ascendency as a sporting power at the Asian Games, which opens formally on Saturday after an unprecedented one-year delay due to the COVID-19 pandemic.
An improvement in political relations, anchored in a restoration of peace and tranquillity at the border, could open up opportunities for expanded economic and commercial relations between them, suggests former foreign secretary Ambassador Shyam Saran.
Russian traders have started asking for payments in ruble for their exports to India in a move that could derail trade between the two countries which gathered pace after the war in Europe. This is because Indian importers are unable to pay in ruble. The India-Russia trade gathered pace after Vladimir Putin invaded Ukraine in February this year. In the April-June quarter, India's imports from Russia were valued at $9.27 billion, up 369 per cent year on year.
China on Tuesday said the activities of its high-tech research vessel will not affect the security of any country and should not be 'obstructed' by any 'third party', as the ship berthed at Sri Lanka's strategic southern port of Hambantota amid Indian and United States concerns.
Brady was sidelined by knee and foot injuries since the summer of 2021
The RBI refuses to classify a cryptocurrency as an asset since it doesn't have future cash flow and its value is always fluctuating because of speculation. There is also no consumer protection, observes Tamal Bandyopadhyay, and hence the e-rupee trial run.
India is concerned over the visit of a Chinese satellite tracking ship to Sri Lanka's Hambantota port as it signals an attempt by China to expand its maritime influence in the region, sources in defence and security establishment said on Tuesday.
The toy panda cub dressed in a suit of ice has flown off the shelves
China's embassy in Colombo has sought an urgent meeting with senior Sri Lankan authorities after Colombo sought a deferment of the planned docking of a high-tech Chinese research vessel at the strategic Hambantota port over which India raised concerns, sources said.
In Ahmedabad to promote tourism in the island nation, Fernando said China has made a lot of investment in Sri Lanka and has been 'understanding its requirements in the past'.
The chances of a rate cut in September have risen.
There are apprehensions about the possibility of the vessel's tracking systems attempting to snoop on Indian installations while being on its way to the Sri Lankan port.
The population is important and so is the talent, he said about China, the world's second-largest economy after the United States.
Chinese Premier Li Keqiang, who is at the helm of managing the country's economy for a decade, said that he will be stepping down this year, setting in motion the once-in-a-decade sweeping leadership change in the Communist country.
China is building the world's highest-altitude cloud computing data centre in Tibet that will meet the data storage needs of the country and South Asian nations like Nepal, Bangladesh and Pakistan, official media reported on Thursday.
The ship will now arrive on August 16 and remain at the Hambantota port till August 22, they said.
China's GDP jumped a record 18.3 per cent in the first quarter of 2021, riding on strong domestic and foreign demand and aided by recovery from a low base in early 2020 when Covid-19 stalled the world's second-largest economy, according to statistics released on Friday.
The China-India bilateral trade in the first half of the year totalled $57.48 billion, up 62.7 per cent year on year, perhaps the highest in recent years amid the Ladakh impasse and the COVID-19 pandemic, according to data released by China's Customs. Though Indian exports to China picked up with 69.6 per cent year on year increase, the trade deficit, a structural problem for India for long, climbed to 55.6 per cent. According to data released by China's Customs, India's exports to China reached $14.724 billion, up 69.6 per cent year on year in the first six months and India's imports from China amounted to $42.755 billion, up 60.4 per cent.
Saina Nehwal produced a fine performance to kick-off her BWF World Championships campaign with a straight game win over Hong Kong's Cheung Ngan Yi.
It is against China's interest to shift away from dollar.
Given their stability, the rupee and the renminbi (Chinese currency) -- when made convertible -- could well emerge as substitute currencies which countries will hold their reserves, stated Raghuram Rajan, Economic Advisor to the Prime Minister and Professor of Finance at the Chicago Graduate School of Business, on Wednesday.
If the CBDCs don't offer interest, why will people shift from cash to CBDCs?, asks Tamal Bandyopadhyay.
'Never believed that we humans have the capability at this time to create such a virus'
'India's edtech and start-up story will be in danger.'
President Xi Jinping on Monday vowed to build China's military into a "Great Wall of steel" to protect its sovereignty and developmental interests as he sought a bigger role for Beijing in global affairs, days after brokering a Saudi Arabia-Iran detente, regarded as a diplomatic coup.
IMAGES from Day 1 of all the action from the Wimbledon Championships played at the All England Lawn Tennis and Croquet Club, London, on Monday.
Manika Batra and Archana Kamath defeated Hungary's Dora Madarasz and Georgina Pota 11-4, 11-9, 6-11, 11-7 in the women's doubles round of 16.
Foreign minister Ali Sabry told the cabinet that the Chinese vessel had only asked for a refuelling visit.
