News for 'Yuan'

China's first Maglev train hits the track

China's first Maglev train hits the track

Rediff.com6 May 2016

The Maglev train takes 19 minutes and 30 seconds to complete the 18.5 km journey.

Chinese military personnel to get 40% pay hike: Report

Chinese military personnel to get 40% pay hike: Report

Rediff.com23 Jan 2021

The "bumper" 40 per cent increase followed a number of sweeping reforms intended to transform the "bloated People's Liberation Army, into a more modern, nimble fighting force".

China mum on talks with Lanka as its spy ship set to reach Hambantota

China mum on talks with Lanka as its spy ship set to reach Hambantota

Rediff.com15 Aug 2022

China on Monday said Sri Lanka has allowed its satellite and missile tracking ship to berth at the Hambantota port on Tuesday, but declined to reveal details of talks with Colombo leading to the bankrupt island's government reversing its earlier stand to defer the high-tech vessel's entry.

China's top film actress reappears after 3 month vanishing act

China's top film actress reappears after 3 month vanishing act

Rediff.com3 Oct 2018

Fan Bingbing, who has been ordered to pay $130 million (Rs 952 crore) for tax evasion, was reportedly kept at a "holiday resort" used by investigators in a suburb in the coastal province of Jiangsu.

Tokyo Games: SPECTACULAR Pix!

Tokyo Games: SPECTACULAR Pix!

Rediff.com3 Aug 2021

Capturing the drama at the 2020 Olympics.

Kashmir uncertainty drags Sensex down over 418 points

Kashmir uncertainty drags Sensex down over 418 points

Rediff.com5 Aug 2019

The 50-share Nifty plunged by 134.75 points or 1.23 per cent to close at 10,862.60 points as 38 of its constituents declined.

Rupee suffers biggest slump in 6 yrs; closes at 4-mth low of 70.73

Rupee suffers biggest slump in 6 yrs; closes at 4-mth low of 70.73

Rediff.com5 Aug 2019

Investors are anxious over the US-China trade tension, a sharp devaluation in yuan and uncertainty over Kashmir issue.

Setback for Jack Ma; his mother of all IPOs suspended

Setback for Jack Ma; his mother of all IPOs suspended

Rediff.com3 Nov 2020

Jack Ma, founder of China's e-commerce giant Alibaba suffered a major setback on Tuesday as Shanghai and Hong Kong Stock Exchanges suspended dual listing of the shares of his world's biggest initial public offer of $39.7 billion of the group's subsidiary - the Ant Group, 48 hours before the highly-anticipated trading was due to start. The Shanghai Stock Exchange surprised market investors with an abrupt announcement late on Tuesday that it will suspend Ant Group's IPO, as regulators and the public debate the balance between financial innovation and risk control, state run Global Times reported. According to media reports, the Hong Kong exchange followed suit several minutes later.

First look: The Vivo Nex 3

First look: The Vivo Nex 3

Rediff.com17 Sep 2019

How exciting is the Vivo Nex 3? Ashish Narsale/Rediff.com lets you know.

LeBron draws social media ire over Hong Kong tweet row

LeBron draws social media ire over Hong Kong tweet row

Rediff.com16 Oct 2019

Morey's tweet of support for pro-democracy protests in Hong Kong prompted Chinese sponsors and partners to cut ties with the league and forced the National Basketball Association (NBA) to answer difficult questions about free speech.

Alibaba founder Jack Ma becomes China's richest man

Alibaba founder Jack Ma becomes China's richest man

Rediff.com23 Sep 2014

Wang ranked second on the list this year, with a fortune of 145 billion yuan.

Zoom plans technology centre in Bengaluru

Zoom plans technology centre in Bengaluru

Rediff.com21 Jul 2020

The company is planning to bring IT operations into India which will include application development and desktop managed services.

China's super rich grows record high

China's super rich grows record high

Rediff.com6 Apr 2015

The total assets of the superrich soared to 31 trillion yuan.

Too Early To Cheer Up On Economy

Too Early To Cheer Up On Economy

Rediff.com29 Apr 2022

So, while it is great that India's numbers look relatively good, don't raise a cheer just yet, points out T N Ninan.

China had told US about plan to revalue yuan

China had told US about plan to revalue yuan

Rediff.com25 Jul 2005

US treasury secretary John Snow learned more than one month ago of the tentative plan and Chinese officials gave him details on the change and its timing before the announcement, The Financial Times and The Asian Wall Street Journal said.

Beijing-Shanghai bullet train: World's most profitable high-speed rail

Beijing-Shanghai bullet train: World's most profitable high-speed rail

Rediff.com20 Jul 2016

Known as the "the world's most profitable high-speed rail," the Beijing-Shanghai high-speed railway covers more than 1,300 km within five hours.

Amid LAC standoff, Navy tracks Chinese research vessel

Amid LAC standoff, Navy tracks Chinese research vessel

Rediff.com17 Sep 2020

The Chinese research vessel returned to China a few days ago after being under constant watch of Indian Navy vessels, the sources said.

It's raining billionaires in China

It's raining billionaires in China

Rediff.com11 Sep 2014

The number of billionaires in China has touched 300 by the end of 2013 mainly due to real estate boom, according to a new annual ranking of the wealthiest individuals in the communist nation, world's second largest economy.

The Best Weapon To Deal With China Is...

The Best Weapon To Deal With China Is...

Rediff.com19 Aug 2022

If you are serious about countering the Chinese threat, then the best weapon is investing in real freedom, plurality, elections and democracy. Unfortunately, it isn't an approach all Indians currently seem to agree on, asserts Shyam G Menon.

Chinese economy is first to recover from coronavirus crisis

Chinese economy is first to recover from coronavirus crisis

Rediff.com16 Jul 2020

Analysts, however, predict it would be an uphill climb for export-reliant China's economy going forward as it faced intensified conflict with the US and the negative fallout on its external trade due to Beijing's increasingly aggressive policies towards countries like India resulting in bans of its products and services.

Digital currency race: China leads. India must catch up

Digital currency race: China leads. India must catch up

Rediff.com23 Oct 2020

India should not be left behind. It should join the seven central banks which are studying feasibility and safeguards necessary to eliminate risks, particularly from hacking, advises former foreign secretary Shyam Saran.

Currency very close to equilibrium: China

Currency very close to equilibrium: China

Rediff.com6 Mar 2013

Since China activated exchange rate reform in 2005, the value of RMB yuan against US dollar has surged by more than 30 per cent, he said refuting persistent US allegations that as world's largest exporter China benefited by keeping low exchange rate for its currency.

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 announces multiple fiscal policies to boost growth

China announces multiple fiscal policies to boost growth

Rediff.com9 Sep 2015

China is battling a property downturn, industrial overcapacity, sluggish demand and struggling exports.

China's Alibaba agrees to buy 50% stake in Guangzhou Evergrande soccer club

China's Alibaba agrees to buy 50% stake in Guangzhou Evergrande soccer club

Rediff.com5 Jun 2014

The companies did not immediately give a figure for the investment, but Chinese state media reported earlier on Thursday it would total 1.2 billion yuan ($192 million).

Report indicates Wuhan scientists got sick with Covid before outbreak

Report indicates Wuhan scientists got sick with Covid before outbreak

Rediff.com24 May 2021

Three researchers from the Wuhan Institute of Virology sought hospital care in November 2019, weeks before Beijing disclosed the COVID-19 pandemic, a United States media report said, citing a previously undisclosed American intelligence document that could add weight to growing calls for a full scale probe of whether the coronavirus may have escaped from China's top bio lab.

PIX: China begins work on 100,000 capacity stadium in Guangzhou

PIX: China begins work on 100,000 capacity stadium in Guangzhou

Rediff.com22 Apr 2020

Evergrande Group has begun work on what will be the world's largest purpose-built soccer stadium, with a capacity of 100,000 seats, in the southern city of Guangzhou, the Chinese real estate company has said. Construction of the Guangzhou Evergrande Soccer Stadium, also dubbed "Lotus Flower Stadium" for its design, started on April 16 and would cost around 12 billion yuan ($1.69 billion) to complete, the group said.

Top Beijing tax official sentenced to death for corruption

Top Beijing tax official sentenced to death for corruption

Rediff.com10 May 2012

A former chief of Beijing's local taxation bureau was sentenced to death, with a two-year reprieve, for accepting bribes and embezzling up to 10 million yuan, as part of a crackdown on officials facing corruption charges.

China pledges $124bn for Silk Road, terms it 'project of the century'

China pledges $124bn for Silk Road, terms it 'project of the century'

Rediff.com14 May 2017

China will also set up 50 joint laboratories with countries participating in the Belt and Road initiative to enhance cooperation on innovation.

Why China is bad news for the markets

Why China is bad news for the markets

Rediff.com6 Jan 2016

Markets will continue to remain volatile till the Chinese economy shows some signs of stability

Will Govt BAN Cryptos?

Will Govt BAN Cryptos?

Rediff.com14 Jul 2021

As lobbying and counter-lobbying intensify, right now, it looks like a T20 match, discovers Tamal Bandyopadhyay.

China's wealth gap worsens: Survey

China's wealth gap worsens: Survey

Rediff.com15 Jan 2016

At the end of 2014, 70.17 million of China's rural residents lived below the country's poverty line.

China to open up finance, education, culture sectors for FDI

China to open up finance, education, culture sectors for FDI

Rediff.com18 Mar 2016

China will open up service sectors such as education, finance and culture for FDI to remain an attractive destination for overseas investment.

A year on, markets bustling in Wuhan

A year on, markets bustling in Wuhan

Rediff.com10 Dec 2020

Hundreds of shoppers pack a wet market on a December weekday morning in the Chinese city of Wuhan, jostling to buy fresh vegetables and live fish, frogs and turtles. Almost a year since the city reported the world's first cases of COVID-19 in one of its handful of vast wet markets, and even as several other countries remain firmly in the grip of the subsequent pandemic, life in Wuhan has largely returned to normal.

Xi declares victory in eradicating poverty in China

Xi declares victory in eradicating poverty in China

Rediff.com25 Feb 2021

Xi said that all poor people in rural areas have been lifted out of poverty. With this, China has achieved the United Nations goal of poverty eradication 10 years ahead of the 2030 deadline, he said.

How China is lending in the dark

How China is lending in the dark

Rediff.com1 May 2013

Chinese shadow banking totals only about $2.2 trillion.

China's FDI drops by 5.8% in December

China's FDI drops by 5.8% in December

Rediff.com20 Jan 2016

China's FDI growth saw ups and downs in the first 11 months of 2015.

Rupee tumbled by 59 paise to nearly 2-year low

Rupee tumbled by 59 paise to nearly 2-year low

Rediff.com12 Aug 2015

The domestic currency has tumbled by 104 paise, or 1.63 per cent, in last six trading days.

China's slowdown confirmed as Q3 GDP falls by 3%

China's slowdown confirmed as Q3 GDP falls by 3%

Rediff.com18 Oct 2021

China's GDP grew by 4.9 per cent in the third quarter, down from 7.9 per cent in the second, confirming the slowdown of the world's second-largest economy which was under pressure from the crisis-hit property sector, curbs on energy and tardy recovery from the Covid-19 pandemic.

India has no role in US-China currency dispute

India has no role in US-China currency dispute

Rediff.com6 Apr 2010

India on Tuesday distanced from the ongoing Sino-US row over revaluation of Chinese currency yuan saying it is their bilateral issue.