The Indian Navy will participate in the International Fleet Review (IFR) that is scheduled to take place on April 21,2019 in Qingdao,China as part of 70th Anniversary celebrations of People’s Liberation Army Navy (PLA Navy).The Indian Navy would be represented in the IFR by INS Kolkata and INS Shakti. International Fleet Review (IFR) is a… Continue reading Navy to take part in fleet review in China
Tag: CHINA
China’s GDP grows at 6.4% in Q1,defies expectations slowdown
China’s economy grew at a steady rate of 6.4% in the first quarter.The improvement in growth is due to (a)industrial production jumped sharply and (b)consumer demand showed signs of improvement. China has also enhanced its fiscal stimulus to shore up growth by announcing billions of dollars in additional tax cuts and infrastructure spending. However,the economic… Continue reading China’s GDP grows at 6.4% in Q1,defies expectations slowdown
China unmoved by U.S. bid to discuss Masood Azhar in UNSC
China has dismissed the reports that the US,UK and France has served an ultimatum until April 23 to lift its technical hold on designating Pakistan-based JeM chief Masood Azhar as a global terrorist. However,China has said that the issue is heading towards a settlement and has asked the US not to force through its own… Continue reading China unmoved by U.S. bid to discuss Masood Azhar in UNSC
Export of cotton textiles to China on the rise: Texprocil
According to Cotton Textile Export Promotion Council(Texprocil),exports of cotton textiles to China has been on the rise. Texprocil has said that the robust export of cotton textiles to China has helped India reduce its trade deficit with China.It said that the recent government move to refund all State and Central taxes on textile exports boosted… Continue reading Export of cotton textiles to China on the rise: Texprocil
Death of rare turtle leaves 3 remaining in the world
China has said that the last known female Yangtze giant softshell turtle has died.She was believed to be over 90 years old and died around 24 hours after researchers had tried to artificially inseminate her. This was one of four Yangtze giant softshell turtles known to be remaining in the world.The same zoo also houses… Continue reading Death of rare turtle leaves 3 remaining in the world
China ready to wait for India’s BRI participation
China has said that it was ready to wait for India’s participation in China’s Belt and Road Initiative.But it has also said that India could be negatively impacted if it joins Belt and Road Initiative at a later stage as it will lose opportunities due to participation of international organisations at the upcoming BRI event.… Continue reading China ready to wait for India’s BRI participation
Eco toilet on Mount Everest
China has decided to build an eco-friendly toilet up the north slope of Mount Everest during this climbing season. The toilet will be equipped with a barrel fitted with rubbish bags underneath which will make it easier to collect human waste.The waste will then be collected and brought down the mountain. This decision was taken… Continue reading Eco toilet on Mount Everest
Malaysia approves Chinese project after price is slashed
Malaysia has reopened a closed Chinese rail construction project after China agreed to slash the price by 30% from the original cost.Under the reworked deal,the 648-km rail link will now cost $10.6 billion. The concession to Malaysia is part of a broad reassessment of China’s ambitious infrastructure program known as the Belt and Road Initiative,… Continue reading Malaysia approves Chinese project after price is slashed
Sri Lanka opens new railway line built with China’s assistance
Sri Lanka has opened a new railway line which was built with China’s assistance.It connects its coastal city of Matara and Beliatta in Hambantota. The 26.75-km long Matara-Beliatta railway line is the first to be constructed in Sri Lanka since it became independent in 1948.The new rail segment will be a boost to Sri Lanka’s… Continue reading Sri Lanka opens new railway line built with China’s assistance
U.S. circulates draft resolution on Azhar in Security Council
The US has circulated a draft resolution in the UN Security Council proposing to blacklist Jaish chief Masood Azhar as a global terrorist.The move comes after UNSC 1267 Sanctions Committee had failed to designate Azhar as a terrorist after China placed a hold on a listing request that the U.S,U.K.and France had brought before the… Continue reading U.S. circulates draft resolution on Azhar in Security Council
